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Virginia Y

Virginia is from Mexico. She has 3 children. She needs a loan of $400 to buy supplies to create crafts.

Commerce
Community:
Vicente Camalote
Country:
Mexico
other entrepreneurs here Mexico

Summary

Virginia is from Mexico. She has 3 children. She needs a loan of $400 to buy supplies to create crafts.

  • Top Goals To buy supplies to create crafts
  • Children Helped 3

Virginia's Story

Virginia, 29, creates handmade crafts such as embroidered napkins and earrings to support her family.

A loan from World Vision will help her purchase supplies to continue making and selling her crafts. She most needs beads, cloth, needles, rings, and thread.

She works on her crafts in the afternoons. Once she finishes several pieces she shows them to her friends and other people in her community, La Selva, Mexico.

Virginia hopes to increase her income so she can improve her family’s living conditions. She and her husband, Rafael, a farm worker, have three children: Fatima, Diana, and Rafael.

Virginia was only able to attend school until junior high, and she wants her children to finish their studies and have better opportunities in life.

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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.

Virginia's Community

The community of Vincente Camalote is located in the state of Oaxaca, about two hours from the city of Tierra Blanca. The climate is warm and the landscape is lush and green. Many residents participate in agriculture, primarily harvesting sugar cane. Other economic activities include commerce and fishing.

World Vision is working to improve the health of families in Vincente Camalote by providing housing materials for the improvement of living spaces; restoring water tanks for access to clean water; and supporting medical treatment and HIV- and AIDS-awareness campaigns. We are also supporting education by training teachers and tutors and providing spiritual-formation workshops for teens.

Virginia's Mid Term Update June 25, 2012

Thank you for supporting a small business loan for Virginia Yepez Rivera to expand her retail and manufacturing business where she makes and sells crafts for a living. After receiving the loan from World Vision, she invested the $400 by buying craft supplies.

Virginia has been repaying her loan on time with her new profits. She makes weekly payments of $25. In addition to repaying her loan, Virginia is using additional income to buy supplies in bulk and expand the current business. Virginia's 3 children continue to study in school.

Thank you for supporting Virginia and World Vision Micro!

Virginia's Final Update August 20, 2012

Virginia

Thank you for supporting the small business loan for Virginia Yepez Rivera to improve her handicraft business. She invested her loan of $400 to buy supplies to create crafts.

Virginia has now repaid her loan in full. In addition to repaying her loan, Virginia has used her additional income to buy supplies in bulk and expand the current business. Virginia 's 3 children continue to study in school.

The loan Virginia received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Virginia hopes to send children to school and repair or expand their home and expand the current business.

Thank you for your support of Virginia 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 Virginia

16 Donors

  • Catherine
    April 13, 2012
    Contributed to 5 other loans
  • Linda
    April 23, 2012
    Contributed to 29 other loans
  • Linda
    April 23, 2012
    Contributed to 30 other loans
  • Colleen
    April 23, 2012
    Contributed to 32 other loans
  • Tricia
    April 23, 2012
    Contributed to 25 other loans
  • Diane
    April 24, 2012
    Contributed to 30 other loans
  • Merry
    April 25, 2012
    Contributed to 33 other loans
  • Marie
    April 25, 2012
    Contributed to 13 other loans
  • Vicki
    April 26, 2012
    Contributed to 33 other loans
  • Edith
    April 26, 2012
    Contributed to 30 other loans
  • Carol
    April 26, 2012
    Contributed to 26 other loans
  • Carol
    April 26, 2012
    Contributed to 33 other loans
  • Josmon
    April 26, 2012
    Contributed to 30 other loans
  • Britney
    April 26, 2012
    Contributed to 30 other loans
  • Suzanne
    April 26, 2012
    Contributed to 12 other loans
  • Dot
    April 26, 2012
    Contributed to 19 other loans

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