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Maria Cruz is from Mexico. She needs a loan of $350 to purchase ingredients.
Maria Cruz is from Mexico. She needs a loan of $350 to purchase ingredients.
Mrs. Maria is a 46 year-old single mother to Angel (12) and Luis (9). Both kids are in elementary school. Mrs. Maria and her family live in the community of Cosolapa Caracol.
As a single mother, Mrs. Maria has always worked hard to get her children ahead in life. She has a traditional mexican snacks business that sells products such as tostadas, stuffed peppers, tacos, pastries, garnachas, french fries, and fried bananas.
Mrs. Maria needs the loan from World Vision to purchase ingredients and raw material, such as cabbage, tomatoes, hot peppers, beans, meat, cream, cheese, tortillas, maize, eggs, bananas, potatoes, cooking oil, and gas.
Mrs. Maria hopes that with this loan, her business will prosper and bring her many profits, which she will use to reinvest and offer her kids a better quality of life. She told us, "I want to thank the foundation for the loan they granted me. Thank you very much."
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.
Mrs. Maria has invested her loan through the purchase of sweets, ice, spices, tomatoes, chilies, meat, beans, corn, tortillas, cheese, cream, plantains, and eggs. She needs these things to prepare her Mexican snacks and frozen juice desserts.
She's grateful for the loan that helped her purchase the ingredients she needed to prepare the food that she sells.
Since sales have been good, she has been able to make her loan payments on time and she wants to keep on working hard at it.
Maria's challenge comes when the sugar refineries that work in her community close for repairs, and people don't have work. However, she does not worry too much about it because, while her sales were going great, she was been able to save some money.
She's grateful to World Vision for all the support that she's received, and for the trust that they have shown her.
Thank you for supporting Maria and World Vision Micro!
Maria is very happy to say that, thanks to the loan that she received through World Vision, she was able to purchase all the supplies that she needed to keep her snack business running and increase her profits.
One of the additional items Maria invested in was a snow cone machine and the syrups. During these days of the hot season, her snow cones have sold very well.
Notwithstanding, the rainy season is about to begin in her country so she will dedicate her time and investments into selling snacks, mostly on the weekends. She is trying to save up enough of the profits from her sales so that she can continue reinvesting into her business.
Maria is very thankful to World Vision and to the donors for their support. Her family is benefiting greatly from her business profits, and she hopes that her sales continue to increase.
Maria has repaid her loan in full. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Maria and World Vision Micro!
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