Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Bricia is from Mexico. She needs a loan of $525 to purchase stock for her store.
Bricia Saavedra Quiterio is 52 years old. She is married to Santa Cruz. They have 4 children, who are Estela, Pedro, Abelardo and Margarita. Bricia started a groceries store 3 years ago in order to improve the life quality of her family. She wanted to support her husband with the household expenses.
With a loan from from World Vision Bricia will purchase things like: Cooking oil, salt, sugar, milk, beans, cookies, etc. to better stock the shelves of her store and bring in more customers. She thanks God because she has had good results so far from her business. But it is difficult to improving her situation because she does not make enough profit to add a large enough stock to her store and provide for her family.
Bricia thinks the loan will benefit her very much as well as her family. She will have a better economic future and improved way of life. She will be able to keep investing in her business. She also wants to save part of her profits and purchase a stove.
Her goal is to invest more in her business. She wants to make it grow faster and expand locally to establish a grocery store and increase her investment. She wants to purchase shelve and other things to increase her profits too.
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.
Residents of the community of Cuajinicuilapa are primarily a mix of native Mexicans and Africans, who originally arrived with the Spanish conquistador Hernan Cortes. The region’s close proximity to the coast enables residents to participate in a wide range of economic activities, including commerce, agriculture, and fishing.
In Cuajinicuilapa, World Vision is working to improve healthcare and has conducted HIV- and AIDS-awareness campaigns, formed support groups, provided testing, and trained community members to care for those who are affected by the disease. We have also emphasized the importance of education to parents and trained community leaders to provide tutoring to students, helping them improve academic performance.
Thank you for supporting a small business loan for Bricia Saavedra Quiterio to expand her food and grocery business.
After receiving the loan from World Vision, she invested the $525 to purchase stock for her store.
Bricia has been repaying her loan on time with her new profits. She makes weekly payments of $26.
In addition to repaying her loan, Bricia is using additional income to buy supplies in bulk and pay for transportation. Bricia's 4 children continue to study in school.
Thank you for supporting Bricia and World Vision Micro!
Thank you for supporting the small business loan for Bricia Saavedra Quiterio to improve her food and grocery business. She invested her loan of $525 to purchase stock for her store.
Bricia has now repaid her loan in full. In addition to repaying her loan, Bricia has used her additional income to purchase food for the family and buy supplies in bulk. Bricia's 4 children continue to study in school.
The loan Bricia received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future, Bricia hopes to expand the current business and take out another loan.
Thank you for your support of Bricia and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.