Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Francisca is from Mexico. She needs a loan of $625 to buy ingredients to make snacks.
Francisca makes a living by selling snacks in a shop near the center of her town, Tetela, Mexico. She built a small store about six years ago from which she sells candies, corncobs, corn kernels and chips in the evening. She always sells a little, but some days she sells more than others. She always works hard, but her income is not steady or sufficient enough to support her family.
With a loan from World Vision, Francisca plans to purchase more stock for her store such as candies, chips, corncobs, cream, cheese and chilis and to purchase plates and glasses to serve the snacks. She hopes that this investment in her business will help it grow enough that she experiences a better quality of life.
Francisca is 39 years old and is married to Jeronimo. She only stayed in school through junior high.
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. Francisca Prieto used the loan that she received from World Vision to buy more merchandise, such as chili powder, corncobs, disposable cups and spoons, mayonnaise, cracklings, cheese, cream, and hot sauces.
Her sales are doing great, and she hopes that they continue increasing.
Mrs. Prieto is paying her loan punctually. She's very grateful to World Vision for all the support that she has received.
Thank you for supporting Mrs. Prieto and World Vision Micro!
Thank you for supporting the small business loan for Francisca Prieto Roman to improve her food and grocery business. She invested her loan of $625 to buy ingredients to make snacks.
Francisca has now repaid her loan in full. In addition to repaying her loan, Francisca has used her additional income to buy supplies in bulk and expand the current business.
The loan Francisca received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future, Francisca hopes to repair or expand her home, expand the current business, and take out another loan. She now has a better quality of life and would like to thank the donors that provided the loan that made this possible.
Thank you for your support of Francisca and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.