Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Adela is from Mexico. She has 2 children. She needs a loan of $300 to purchase products such as beans, rice, milk, cooking oil, sodas, detergent, cookies, toilet paper and water.
Adela Chavez Valentin is 49 years old. She is married to Agustin and they have 8 children, two of whom are still in school. They are Azucena and Miguel. They study 2nd grade of high school and 3rd grade of junior high school.
Ten years ago, Adela opened a grocery store. She wanted to support her husband with the household expenses. She wanted to help better support her children. She is grateful to her husband for his support.
With a loan, Adela will purchase items such as beans, rice, milk, cooking oil, sodas, detergent, cookies, toilet paper and water. By stocking her shelves, she will meet her customers' needs.
Her profits will enable her to offer her family a better quality of life. Adela will reinvest in her business and eventually would like a larger space. Her first goal is to purchase a new refrigerator for the sodas.
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 Adela Chavez Valentin to expand her grocery business.
After receiving the loan from World Vision, she invested the $300 to purchase products such as beans, rice, milk, cooking oil, sodas, detergent, cookies, toilet paper, and water.
Adela has been repaying her loan on time with her new profits. She makes weekly payments of $18.
In addition to repaying her loan, Adela is using additional income to buy supplies in bulk and pay for transportation. Adela's 2 children continue to study in school.
Thank you for supporting Adela and World Vision Micro!
Thank you for supporting the small business loan for Adela Chavez Valentin to improve her grocery business. She invested her loan of $300 to purchase products such as beans, rice, milk, cooking oil, sodas, detergent, cookies, toilet paper and water.
Adela has now repaid her loan in full. In addition to repaying her loan, Adela has used her additional income to purchase food for the family, buy supplies in bulk, and pay for transportation. Adela's 2 children continue to study in school.
The loan Adela received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Adela hopes to expand the current business and take out another loan.
Thank you for your support of Adela and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.