Beatriz Reynosa Miramontes is from Tijuana, Mexico. She has 1 child. She needs a loan of $400 to buy raw materials .
Beatriz Reynosa Miramontes is from Tijuana, Mexico. She has 1 child. She needs a loan of $400 to buy raw materials .
Beatriz, or "Mrs. Betty," has a taco stand where she offers a variety of tacos. She uses her car and places it in the flea market near her community. She saw it as an opportunity because in her community tacos are not sold during the weekends. She knows this loan would be a great help to earn extra money.
She is requesting a loan that she wants to invest in buying more food. She will buy ingredients for the preparation of her roast beef tacos.
Mrs. Betty’s dream is to open 2 to 3 branches of taco stands. She would be the boss and could help her son move forward in his college career.
Mrs. Betty is originally from Nayarit, she lived in Tijuana for 14 years. She is mother of 6 children, her only daughter and five older sons. She wants to help her youngest son who still lives with her continue in school and study despite its many expenses.
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.
Beatriz Reynosa Miramontes is from Tijuana, Mexico. She has 1 child. She needs a loan of $400 to buy raw materials .
Tijuana, Mexico is a fast-growing metropolitan area. Located at the border of Southern California, it’s population is quickly approaching 1.5 million people. On the hillsides at the edges of the city are thousands of families who have settled into small communities, many without adequate shelter or dependable incomes. These families have migrated from southern Mexico with hopes of starting new lives in the United States. But crossing the border has become more difficult and job opportunities are non-existent. Now they have created makeshift communities like Cañón del Sainz. There are so few job opportunities here that people become trapped in an endless cycle of poverty. Parents find it impossible to provide their children with nutritious food, basic health care and quality education.
World Vision’s goal in Cañón del Sainz is to improve job training and skill development by offering skills and vocational training workshops for adults and youth; developing a strong microenterprise development program with links to adequate micro financing and business training; and empowering local leaders to take an active role in developing, implementing, and managing these programs.
Accomplishments include providing skills training to 250 mothers, helping 250 families access credit to start their own businesses, and offering financial and business training to 55 community leaders. Thirty four adults were also assisted in accessing opportunities for basic education.
Beatriz Reynosa Miramontes is from Tijuana, Mexico. She has 1 child. She needs a loan of $400 to buy raw materials .
Before Sra. Beatriz Reynosa Miramontes received this loan, she was not able to pay all the expenses on her home because her taco stand did not earn much money. There were many times that she did not have sufficient merchandise to sell at her taco stand.
Beatriz invested the money from the loan to buy necessary food and ingredients for her business. She is now able to save a small amount of money for the future. This removes the pressure to continually reinvest the money she earns. She and her daughter currently each have a different business in which they are earning money for their home. By diversifying their businesses, they are able to provide a more stable income for their family.
Mrs. Beatriz has invested the profits from her family taco stand business back into her home. She is remodeling and making renovations. She has made repairs and painted. In addition to this, she also had an extra room built onto her front patio which houses her taco stand business.
Mrs. Beatriz has repaid her loan in full and is able to buy the supplies needed for her business and take care of her family. The loan money she paid back is now available to help another worthy entrepreneur in her community. Thank you for supporting Mrs. Beatriz and World Vision Micro!
