Andrés Torralva Santiago is from Ometepac, Mexico. He has 1 child. He needs a loan of $150 Purchasing more catalogs and shoes.
Andrés Torralva Santiago is from Ometepac, Mexico. He has 1 child. He needs a loan of $150 Purchasing more catalogs and shoes.
Andrés needs a loan to expand his catalog business.
In his area, people don't have access to large stores with a variety of products. Andrés purchases catalogs from these stores and takes orders from his clients, along with a small down payment. He then buys the items and delivers them to his clients with a small markup.
With a loan, Andrés will be able to purchase more catalogs and offer a wider variety of products. He will also be able to purchase more products with each trip, making his business more efficient.
Andrés’ has been selling products from a catalog with a group for some time. He quickly became the best salesman in the group, but he knew he could make more money on his own, so he decided to leave the group to start his own business.
Andrés’ dream is to have a stable business, where he can show all of his products and will not only sell through catalogs.
Andrés lives in Ometepec, is married and has one son.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur 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.
Andrés Torralva Santiago is from Ometepac, Mexico. He has 1 child. He needs a loan of $150 Purchasing more catalogs and shoes.
The small community of Rio Santa Catarina, which derives its name from a local river, has a mountainous terrain and warm climate. Economic opportunities in this community are diverse as a result of its close proximity to the growing city of Ometepec.
In Rio Santa Catarina, World Vision is assisting farmers with production and marketing; educating families on disaster preparedness; and working to improve education through tutoring and teacher training. We are also providing healthcare services, nutritional training, and housing assistance.
Andrés Torralva Santiago is from Ometepac, Mexico. He has 1 child. He needs a loan of $150 Purchasing more catalogs and shoes.
We apologize for the delay in your promised mid-term report. When we reviewed the repayment status of your loan, it became apparent that your mid-term report had somehow slipped through the cracks.
While World Vision has been giving micro loans to the enterprising poor for over 20 years, Micro is a brand-new program. Our field staff has received updated training regarding the importance of prompt reporting back to donors, and you should be receiving an update soon.
Please let me assure you that what happened in this case is not typical of World Vision or Micro. We continue to be committed to providing you and all of our donors with consistent high-quality feedback.
If you have any questions please don't hesitate to contact us at 1-888-511-6444 or by email at http://www.worldvisionmicro.org/pages/contact . And thank you for your continued support
Mr. Andrés used his loan to buy products and to offer more variety at his customers. With the new additional profits he is now earning, he is especially excited to have began to save money against future expenses.
Mr. Andrés said "For example, everybody always suddenly needs some money for a doctor, especially people who have babies, because suddenly babies can become ill." He is happy to know that if this were to happen to his son, they would now have money to take him to see a doctor. He has also begun to save money to someday purchase a home.
He gives the thanks to those who donated the loan and make it possible for him to achieve his goal of giving a more secure future to him and his family.
Mr. Andrés has repaid his loan in full. These loan funds are now available to help another worthy entrepreneur in his community.
Thank you for your support of Mr. Andrés and World Vision Micro.
