Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Rogelio is from Mexico. He has 8 children. He needs a loan of $400 to purchase more garments to sell.
Rogelio Chipahua Calihua is a father of eight children, he lives with his family in the municipality of Tehuipango. Rogelio owns and operates a clothing store within his community, he works very hard maintaining this store, to help provide for his family. At this time, Rogelio lacks the funds needed to purchase more garments to sell for profit.
With a loan from World Vision, Rogelio will be able to purchase all the garments needed to sustain his clothing store within his community. Rogelio will also be able to attract new customers, which will allow him to grow his business. With the increase in business, his income will increase as well. With the additional income, Rogelio will be able to provide for all of his family's daily needs, improving their quality of living.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.
There is no community update available at this time.
Thank you for supporting a small business loan for Rogelio Chipahua calihua to expand his clothing and retail business. After receiving the loan from World Vision, he invested the $400 to purchase more garments to sell.
Rogelio has been repaying his loan on time with his new profits. He makes weekly payments of $16 .
In addition to repaying his loan, Rogelio is using additional income to purchase food for the family, purchase school supplies, and expand his current business.
Rogelio's 8 children continue to study in school.
Thank you for supporting Rogelio and World Vision Micro!
Thank you for supporting the small loan for Rogelio Chipahua Calihua to improve his clothing and retail business. He invested his loan of $400 to purchase more garments to sell.
Rogelio has now repaid his loan in full. In addition to repaying his loan, Rogelio has used his additional income to purchase food for his family and do home repairs.
Rogelio's eight children continue to study in school.
The loan Rogelio received helped his business expand and the profits he is earning is creating lasting improvements in his life. In the future Rogelio hopes to send his children to school and expand his current business.
Thank you for your support of Rogelio and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.