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Juana is from Mexico. She needs a loan of $475 to purchase jewelry such as hair bands and hair slides.
Juana is from Mexico. She needs a loan of $475 to purchase jewelry such as hair bands and hair slides.
Juana is 47 years old and has been married to Gregorio for 28 years. They have 3 children. Juana sells jewelry products. She has been working in the jewelry business for the past five years and is requesting a loan to buy more stock to sell.
Juana works very hard selling jewelry. She carries the products around her community to sell them, which makes her very tired. Making sales is especially difficult for her in the rainy season.
With more products to sell, Juana will be able to increase her profits. Her goal is to increase the number of customers that she serves. One day, she would like to own a store from which to sell her products and to sell shoes in addition to jewelry.
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.
Home to a primarily ethnic Mazahua population, the community of Najhé is located in a mountainous region in northeastern Mexico State. The climate is sub-humid, but temperatures are typically cool due to the region’s high elevation. Windstorms are common during the early spring, followed by heavy rains in the summer and frost in the winter.
Women in Najhé continue to wear typical Mazahua dress, and some community members uphold traditional artisan practices, producing pottery, woodwork, and crafts made of wool. The primary economic activity is agriculture. Squash, beans, and fruit are grown for consumption, while corn is grown both to eat and to sell.
World Vision’s work in Najhé includes agricultural assistance to improve nutrition and family incomes; vocational training and tutoring sessions; and self-esteem workshops. We are also working to improve health conditions by training volunteers who can educate community members and by providing housing materials that will contribute to better living environments.
Thank you for supporting a small business loan for Juana Gonzalez Carpio to expand her heath and beauty business where sells jewelry.
After receiving the loan from World Vision, she invested the $475 to purchase jewelry such as hair bands and hair slides.
Juana has been repaying her loan on time with her new profits. She makes weekly payments of $59.
In addition to repaying her loan, Juana is using additional income to buy supplies in bulk and expand the current business. Juana's 3 children continue to study in school.
Thank you for supporting Juana and World Vision Micro!
Thank you for supporting the small business loan for Juana Gonzalez Carpio to improve her retail health and beauty business.
She invested her loan of $475 to purchase jewelry such as hair bands and hair slides. Juana has now repaid her loan in full. In addition to repaying her loan, Juana has used her additional income to buy supplies in bulk and expand the current business. Juana's 3 children continue to study in school.
The loan Juana received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Juana hopes to expand the current business and take out another loan.
Thank you for your support of Juana and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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