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Benita is from Mexico. She has 3 children. She needs a loan of $400 to buy tomatoes, chilies, maize, banana and acuyo leaves, meat, cooking oil, and other ingredients.
Benita is from Mexico. She has 3 children. She needs a loan of $400 to buy tomatoes, chilies, maize, banana and acuyo leaves, meat, cooking oil, and other ingredients.
Benita, 29, bakes and sells tamales and tortas (a type of Mexican sandwich) in her community of La Selva, Mexico, located in an important sugar-cane growing area.
She decided to start her business so she can buy needed items for her family. She is married to Ruben, a land worker, and they have three children: Ruben, Everardo, and Jenny.
A loan from World Vision will allow her to buy the ingredients she uses most, such as tomatoes, chilies, maize, meat, and cooking oil. She also will buy banana and acuyo leaves used for the tamales’ characteristic wrapping – in the native language Nahuatl, the name for tamales translates literally as “wrapped.”
Benita runs her business by taking orders from customers, waking up early the next morning to prepare food, then delivering the final product. The people in her community are pleased with her dishes and say she has a good touch in the kitchen. Benita enjoys delighting her neighbors while helping her family.
She wants to keep reinvesting in her business because it allows her to help improve her family’s standard of living while allowing her to still spend time with her husband and children.
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.
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.
Thank you for supporting a small business loan for Benita Benito Espinoza to expand her food and retail business. After receiving the loan from World Vision, she invested the $400 to buy tomatoes, chilies, maize, banana and acuyo leaves, meat, cooking oil, and other ingredients. Benita has been repaying her loan on time with her new profits. She makes weekly payments of $25.
In addition to repaying her loan, Benita is using additional income to buy supplies in bulk and expand the current business. Benita's 3 children continue to study in school.
Thank you for supporting Benita and World Vision Micro!
Thank you for supporting the business loan for Benita Benito Espinoza to improve her food business. She invested her loan of $400 to buy tomatoes, chilies, maize, banana and acuyo leaves, meat, cooking oil, and other ingredients.
Benita has now repaid her loan in full. In addition to repaying her loan, Benita has used her income to buy supplies and expand her current business.
Benita's three children continue to study in school.
The loan Benita received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Benita hopes to repair her home.
Thank you for your support of Benita and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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