Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Maria Del Carmen is from Mexico. She has 3 children. She needs a loan of $175 to buy nail polish, eyeliners, mascara, eye shadows, perfumes, and cosmetic bag.
Maria del Carmen lives with her husband, Francisco, and her three children (Francisco, Fernanda and Juan Pablo) in the community of Vicente, Mexico. Maria del Carmen has been selling cosmetics by catalogue door to door for three years. She started doing this to help out her family financially and because she wanted -and still wants- to offer her children the best possible opportunities.
A loan from Would Vision will enable Maria del Carmen to improve her business. It will allow her to buy cosmetics so she will have inventory on hand to sell, instead of her customers always needing to wait for orders to be delivered. This will increase her sales and profits. The increase in her income will help her meet family expenses and to ensure that her children are able to attend school.
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 Maria Del Carmen Hernandez Garcia to expand her cosmetic selling business. After receiving the loan from World Vision, she invested the $175 to buy nail polish, eyeliners, mascara, eye shadows, perfumes, and cosmetic bags.
Maria Del Carmen has been repaying her loan on time; she makes weekly payments of $10 .
In addition to repaying her loan, Maria Del Carmen is using additional income to buy supplies in bulk and expand the current business. Additionally, Maria Del Carmen's three children continue to study in school.
Thank you for supporting Maria Del Carmen and World Vision Micro!
Thank you for supporting the small loan for Maria del carmen Hernandez garcia to improve her retail and health/beauty business. She invested her loan of $175 to buy nail polish, eyeliners, mascara, eye shadows, perfumes, and cosmetic bags to resell to customers.
Maria Del Carmen has now repaid her loan in full. In addition to repaying her loan, Maria Del Carmen has used her additional income to buy supplies in bulk and expand the current business.
Maria Del Carmen's three children continue to study in school.
The loan Maria Del Carmen received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Maria Del Carmen hopes to send her children to school, improve her home and expand the current business.
Thank you for your support of Maria Del Carmen and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.