Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
READ MORE…
Modesta is from Mexico. She has 5 children. She needs a loan of $375 to expand her inventory .
Modesta is from Mexico. She has 5 children. She needs a loan of $375 to expand her inventory .
Modesta Cruz de Jesus is from Las Petacas,Gro and runs a grocery store to help support her family. Her business is pretty good, but she is needing to increase her profits and is asking for funding from World Vision to help her meet her goals. The funds she receives will be used to purchase additional items for her store like cooking oil, rice, beans, cookies, salt, detergents and toilet paper. This will help to bring in new customers and will increase her sales.
Mdoesta is married to has five chlidren, with just one of them still living at home. The additional income would help to pay for school fees and would improve their living conditions. It would also enable her to invest some back into the business so that she can continue to expand her business.
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.
Modesta used her loan to purchase more merchandise for her store. By better meeting her customers' needs, she is beginning to earn a profit. Modesta is making her loan payments on time.
Thank you for supporting Modesta and World Vision Micro!
Thank you for supporting the small business loan for Modesta Cruz De Jesus to improve her retail and grocery business. She invested her loan of $375 to expand her inventory.
Modesta has now repaid her loan in full. In addition to repaying her loan, Modesta has used her additional income to purchase food for the family, buy supplies in bulk, and pay for transportation. Modesta's 5 children continue to study in school.
The loan Modesta received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Modesta hopes to expand the current business and take out another loan.
Thank you for your support of Modesta and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
.JPG?1367284362)