Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Gloria Victoria is from Mexico. She has 2 children. She needs a loan of $425 to buy ingredients for the food she sells.
Gloria Victoria is a 58 year old widow who lives in Tetele in Oaxaca state of Mexico. Gloria Victoria has always liked to work and to support her family, and since her husband's death, she has worked hard to pay for her daughters' schooling. She places a table in her front yard to sell food. Monday through Friday, she sells chickens in the morning. She sells sausage on Tuesdays as well. She also sells Mexican snacks like tamales, stuffed chilis, pies, tostadas, bananas and chips during the weekend. Recently, sales have been low because the economy in her community is not doing well. However, she believes that God will not leave her to deal with these challenges alone.
With a loan from World Vision, Gloria Victoria will have the funds to invest in the purchase of ingredients like chilis, meat, chicken, corn, lettuce, tomatoes, onions, potatoes, cheese, tortillas, oil, cream, hot sauce and gas for her stove. Gloria Victoria hopes to grow her sales with this investment.
Increased sales are very important to Gloria Victoria because she only studied through junior high school. However, she wants her two daughters, Jaquelin (16, in high school) and Adilene (15, in junior high school), to earn degrees and experience a better quality of life than they do currently.
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. Gloria de Aquino invested her loan through the purchase of ingredients to prepare the snacks and the food that she sells. She was able to buy chilies, beef, chicken, maize, lettuce, tomatoes, onions, potatoes, cheese, tortillas, oil, cream, hot sauce, and propane gas to cook with.
Although the sales had decreased, they are increasing now. She says, "God has enough for everybody. There are times of skinny cows but there are also times of fat cows. We just have to continue working hard to get ahead in life."
Mrs. Aquino has been punctually making her loan payments. The income that she gets from her business is helping to provide a better quality of life for her children.
She's very grateful to World Vision for all the support that she has received.
Thank you for supporting Mrs. Aquino and World Vision Micro!
Gloria's business has grown and is earning a profit. She is using her additional income to buy supplies in bulk. She is also able to pay the school fees for her two children. Gloria is grateful for the opportunity to improve her livelihood and create a better life for her family.
Her loan is paid in full. These funds are now available to help another worthy entprepreneur in her community. Thank you for supporting Gloria and World Vision Micro!