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Maria Eugenia is from Mexico. She has 2 children. She needs a loan of $325 to buy more spare parts to sell.
Maria Eugenia sells spare automotive parts in Bochil in the state of Chiapas, Mexico.
Her business has been successful, but she must sometimes travel to get new parts when she runs out. A loan from World Vision will allow her to buy a larger quantity of merchandise for her business.
Her business helps the people in her town because it allows them to get the spare parts they need to fix their cars. It also will provide jobs for people in her community.
Maria Eugenia supports her family with this business, and has been able to provide them with better living conditions as her business has grown. She is a widow with two children.
In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.
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Thank you for supporting a small business loan for Maria Eugenia Garcia Cortez to expand her retail and transportation business, where she sells automotive parts. After receiving the loan from World Vision, she invested the $325 to buy more spare parts to sell.
Maria Eugenia has been repaying her loan on time with her new profits. She makes weekly payments of $20. In addition to repaying her loan, Maria Eugenia is using her additional income to purchase food for the animals, and purchase food for her family, and expand the current business.
Maria Eugenia's 2 children continue to study in school. She is very grateful for the loan.
Thank you for supporting Maria Eugenia and World Vision Micro!
Thank you for supporting the small loan for Maria Eugenia Garcia Cortez to improve her retail and transportation business. She invested her loan of $325 to buy more spare parts to sell.
Maria Eugenia has now repaid her loan in full. In addition to repaying her loan, Maria Eugenia has used her additional income to purchase food for the animals, purchase food for the family and expand the current business.
Maria Eugenia's 2 children continue to study in school.
The loan Maria Eugenia received helped her business expand, and the profits she is earning create lasting improvements in her life. In the future, Maria Eugenia hopes to start a new business, expand the current business and take out another loan.
Maria Eugenia is very grateful for the loan, which has helped her improve her business.
Maria Eugenia has repaid her loan in full, 100%. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Maria Eugenia and World Vision Micro!