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Marisol L

Marisol is from Mexico. She needs a loan of $400 to buy Herbalife products. .

Commerce
Community:
Najhe ADP
Country:
Mexico
other entrepreneurs here Mexico

Summary

Marisol is from Mexico. She needs a loan of $400 to buy Herbalife products. .

  • Top Goals To buy herbalife products.
  • Dependants Helped 1

Marisol's Story

Marisol is 24 years old and she has been living with Fidencio for 6 years ago. They have a six-year-old son. Marisol has been selling Herbalife supplements for quite a while and she wants to obtain a World Vision Loan to buy more merchandise to continue her business. A loan would help Marisol increase her product line, so she can increase sales.

Marisol is aiding her community, by selling Herbalife, which offer nutrition, and wellness products, which benefits and promotes a healthier living.

Marisol does face some obstacles with expanding her business due to economic decline. By, increasing her product line would help her business offer consumers a larger variety of merchandise, putting Marisol in a better position financially to support her family

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Industry Info

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.

Marisol's Community

Home to a primarily ethnic Mazahua population, the community of Najhé is located in a mountainous region in northeastern Mexico State. The climate is sub-humid, but temperatures are typically cool due to the region’s high elevation. Windstorms are common during the early spring, followed by heavy rains in the summer and frost in the winter.

Women in Najhé continue to wear typical Mazahua dress, and some community members uphold traditional artisan practices, producing pottery, woodwork, and crafts made of wool. The primary economic activity is agriculture. Squash, beans, and fruit are grown for consumption, while corn is grown both to eat and to sell.

World Vision’s work in Najhé includes agricultural assistance to improve nutrition and family incomes; vocational training and tutoring sessions; and self-esteem workshops. We are also working to improve health conditions by training volunteers who can educate community members and by providing housing materials that will contribute to better living environments.

Marisol's Mid Term Update October 04, 2012

Thank you for supporting a small business loan for Marisol Legorreta to expand her retail, services and health/beauty business. After receiving the loan from World Vision, she invested the $400 to buy Herbalife products. Marisol has been repaying her loan on time with her new profits. She makes weekly payments of $23.

In addition to repaying her loan, Marisol is using additional income to purchase food for the family, expand the current business and start a new business. Marisol's child continues to study in school.

Thank you for supporting Marisol and World Vision Micro!

Marisol's Final Update December 03, 2012

Marisol

Thank you for supporting the small loan for Marisol Legorreta to improve her retail, services and health/beauty business. She invested her loan of $400 to buy products to resell.

Marisol has now repaid her loan in full. In addition to repaying her loan, Marisol has used her additional income to pay school fees, purchase food for her family and expand the current business.

Marisol's child continues to study in school.

The loan Marisol received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Marisol hopes to send continue to send her child to school, improve her home and expand the current business.

Thank you for your support of Marisol and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$400

Amount raised

$400
$400
100%

Help Marisol

16 Donors

  • Nancy
    July 31, 2012
    Contributed to 0 other loans
  • Rebecca S
    August 03, 2012
    Contributed to 15 other loans
  • Jennifer
    August 03, 2012
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  • Becky
    August 03, 2012
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  • Frances
    August 03, 2012
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  • Karen
    August 03, 2012
    Contributed to 14 other loans
  • Melissa
    August 03, 2012
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  • Jessica
    August 03, 2012
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  • Amanda
    August 03, 2012
    Contributed to 14 other loans
  • Annie
    August 03, 2012
    Contributed to 19 other loans
  • Julie
    August 03, 2012
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  • John
    August 03, 2012
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  • Breauna
    August 03, 2012
    Contributed to 21 other loans
  • June
    August 03, 2012
    Contributed to 19 other loans
  • Bobbi & Chuck
    August 03, 2012
    Contributed to 19 other loans
  • Carolyn
    August 03, 2012
    Contributed to 17 other loans

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