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Erubiel F

Erubiel is from Mexico. She needs a loan of $375 to purchase livestock and pigs.

Commerce
Community:
Vicente Camalote
Country:
Mexico
other entrepreneurs here Mexico

Summary

Erubiel is from Mexico. She needs a loan of $375 to purchase livestock and pigs.

  • Top Goals To purchase livestock and pigs
  • Dependants Helped 1

Erubiel's Story

Erubiel is 34 years old. He studied high school and is currently married. He has one child and lives in the community of Tetela, which is located in the sugarcane zone of the State of Oaxaca.

Seven years ago, he began his business selling pork and beef in order to support his family and to give a better future to his children. Erubiel sells meat on weekends from his house. Sometimes he takes orders and then delivers the cow or pig. Other times, the meat is already prepared.

Erubiel needs a loan to purchase pigs, cows, and plastic bags. This will help him grow his business and ensure his ability to provide a better quality of life for his family.

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Industry Info

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.

Erubiel's Community

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.

Erubiel's Mid Term Update March 04, 2012

Erubiel

Thank you for supporting a small business loan for Erubiel Fructuoso Gonzales to expand his food business where he sells meat.

After receiving the loan from World Vision, he invested the $375 to purchase livestock and pigs.

Erubiel has been repaying his loan on time with his new profits. He makes weekly payments of $18.

In addition to repaying his loan, Erubiel is using additional income to buy supplies in bulk and expand the current business.

Thank you for supporting Erubiel and World Vision Micro!

Erubiel's Final Update May 13, 2012

Erubiel

Thank you for supporting the small business loan for Erubiel Fructuoso Gonzales to improve his food business. He invested his loan of $375 to purchase livestock and pigs.

Erubiel has now repaid his loan in full. In addition to repaying his loan, Erubiel has used his additional income to buy supplies in bulk and expand the current business.

The loan Erubiel received helped his business expand and the profits he is now earning create lasting improvements in his life. In the future, Erubiel hopes to repair or expand their home and expand the current business.

Thank you for your support of Erubiel and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$375

Amount raised

$375
$375
100%

Help Erubiel

2 Donors

  • Darlene
    December 24, 2011
    Contributed to 16 other loans
  • Maureen
    December 25, 2011
    Contributed to 1 other loans

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