Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Emilia is from Mexico. She has 3 children. She needs a loan of $625 to purchase material such as threads, wool and calico.
Mrs. Emilia has made tablecloths and napkins for 20 years. She decided to start this business to help support her husband with some of the family's expenses. Her mother taught her to embroider when she was 12 years old.
She will invest the loan in the purchase of more material such as as thread, wool and calico.
The loan will help her support her family and to give them a good quality of life and a better economic solvency. She also wants to save to buy a stove.
Her long term goal is to invest more and more in her business to extend it. She wants to someday run an artisan clothes shop to get an additional income to assure the ability to pay for her children’s education.
Mrs. Emilia Pedro Silvestre is 36 years old. She is married to Juan. Together they have 5 children, the oldest of which is married.
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 small community of Rio Santa Catarina, which derives its name from a local river, has a mountainous terrain and warm climate. Economic opportunities in this community are diverse as a result of its close proximity to the growing city of Ometepec.
In Rio Santa Catarina, World Vision is assisting farmers with production and marketing; educating families on disaster preparedness; and working to improve education through tutoring and teacher training. We are also providing healthcare services, nutritional training, and housing assistance.
Thank you for supporting a small business loan for Emilia Pedro Silvestre to expand her manufacturing business where she embroiders tablecloths and napkins.
After receiving the loan from World Vision, she invested the $625 to purchase material such as threads, wool and calico. Emilia has been repaying her loan on time with her new profits. She makes weekly payments of $14.
In addition to repaying her loan, Emilia is using her additional income to purchase food for her family, buy supplies in bulk, and pay for transportation. Emilia's 3 children continue to study in school.
Thank you for supporting Emilia and World Vision Micro!
Thank you for supporting the small loan for Emilia Pedro Silvestre to improve her embroidery/sewing business. She invested her loan of $625 to purchase material such as thread, wool and calico.
Emilia has now repaid her loan in full. In addition to repaying her loan, Emilia has used her additional income to purchase food for her family and buy supplies in bulk.
Emilia's five children continue to study in school.
The loan Emilia received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Emilia hopes to expand her current business and take out another loan.
Thank you for your support of Emilia and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.