Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Hermila is from Mexico. She has 7 children. She needs a loan of $1,125 to purchase animals.
Hermila has a business buying animals such as pigs and goats, and then selling the meat. With a loan from World Vision, she will be able to purchase more animals and expand her operation. The additional income she will earn will help to support the growth of her business and provide a better life for her family.
Hermila is forty four years old, married, and has seven children. With this loan, she will be able to make better provision for daily necessities and educational expenses for her family. In the future, Hermila hopes to continue to invest in her business so she can add a room onto her home and open a butcher shop.
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 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.
Hermila invested the loan she received through World Vision in the purchase of more livestock. She bought more pigs and goats, in hopes to raise and sell more products.
She says that her sales and her production have increased which help her expand her client base. Because of all this, her take-home profits have also increased. She has been able to provide for her family's financial needs, as well as purchase a few items for their home.
Hermila would like to thanks World Vision and it's donors for the support they have given her. She has been able to keep her business going, as well as provide for her family.
Thank you for supporting Hermila and World Vision Micro!
Thank you for supporting the small business loan for Hermila Torres Garcia to improve herfood and livestock business. She invested her loan of $1,125 by buying to purchase animals.
Hermila has now repaid her loan in full. In addition to repaying her loan, Hermila has used her additional income to purchase food for the animals and buy supplies in bulk. Hermila's 7 children continue to study in school.
The loan Hermila received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Hermila hopes to expand the current business and take out another loan and purchase livestock.
Thank you for your support of Hermila and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.