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Juana is from Mexico. She has 2 children. She needs a loan of $475 to buy onions, tomatoes, dough, tortillas, cheese, meat, garlic, beans, bananas, cabbage, cream, hot peppers, oil, plastic dishes and gas.
Juana is from Mexico. She has 2 children. She needs a loan of $475 to buy onions, tomatoes, dough, tortillas, cheese, meat, garlic, beans, bananas, cabbage, cream, hot peppers, oil, plastic dishes and gas.
Juana is a 30 year old woman with a high school education. She is married to Valente, who works as a cop. They have 2 children. The youngest one is called Ventura and goes to Kindergarten, and the other is Jonathan, who goes to elementary school. They live in Tembladeras del Castillo, located in one of the most important sugar cane producing precincts in the state of Oaxaca. Juana started her business selling snacks over a year ago as a way to help out her husband with the household expenses. She wakes up very early and starts cooking. She only sells snacks on the weekends. After making the snacks, she sets up a small table outside of her house and waits for customers to come and eat. She has many regular customers, as well as friends and neighbors, who come to buy her snacks.
With this loan, Juana will purchase onions, tomatoes, dough, tortillas, cheese, meat, garlic, beans, bananas, cabbage, cream, hot peppers, oil, plastic dishes and gas. She hopes that this investment will help her snack business to succeed. She aims to expand her business and to begin selling sodas. She wants to make sure that her children have a better quality of life and a good education.
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 community of Vincente Camalote is located in the state of Oaxaca, about two hours from the city of Tierra Blanca. The climate is warm and the landscape is lush and green. Many residents participate in agriculture, primarily harvesting sugar cane. Other economic activities include commerce and fishing.
World Vision is working to improve the health of families in Vincente Camalote by providing housing materials for the improvement of living spaces; restoring water tanks for access to clean water; and supporting medical treatment and HIV- and AIDS-awareness campaigns. We are also supporting education by training teachers and tutors and providing spiritual-formation workshops for teens.
Thank you for supporting a small business loan for Juana Margarito Martinez to expand her food and retail business where she sells snacks.
After receiving the loan from World Vision, she invested the $475 to buy onions, tomatoes, dough, tortillas, cheese, meat, garlic, beans, bananas, cabbage, cream, hot peppers, oil, plastic dishes, and gas.
Juana has been repaying her loan on time with her new profits. She makes weekly payments of $23.
In addition to repaying her loan, Juana is using additional income to buy supplies in bulk and expand the current business. Juana's 2 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 Margarito Martinez to improve her food and retail business. She invested her loan of $475 to buy onions, tomatoes, dough, tortillas, cheese, meat, garlic, beans, bananas, cabbage, cream, hot peppers, oil, plastic dishes and gas.
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 2 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 continue to send her children to school, repair or expand their home, and expand the current business.
Juana has repaid her loan in full, 100%. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Juana and World Vision Micro!