Lightbox_close_button

Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.

READ MORE…

This loan is fully funded. Search for similar loans.

Feliciana V

Feliciana is from Mexico. She has 3 children. She needs a loan of $400 to buy toilet paper, milk, eggs, sugar, rice, beans, soup, tuna, matches, and lights.

Commerce
Community:
Crescencio Morales
Country:
Mexico
other entrepreneurs here Mexico

Summary

Feliciana is from Mexico. She has 3 children. She needs a loan of $400 to buy toilet paper, milk, eggs, sugar, rice, beans, soup, tuna, matches, and lights.

  • Top Goals To buy toilet paper, milk, eggs, sugar, rice, beans...
  • Children Helped 3

Feliciana's Story

Feliciana sells a nonalcoholic drink called mead made from the maguey plant. Her mother-in-law taught her how to make the tasty drink from the maguey leaf, and now Feliciana sells it by the liter to members of her community.

However, during the winter the maguey plants are frozen, so it is impossible for her to make mead. Therefore, Feliciana has decided to open a grocery store as a steady means of income. She needs a loan from World Vision to stock up on merchandise for her store like toilet paper, milk, eggs, sugar, rice, beans, soup, tuna, matches, and lights. She will also buy more maguey leaves with the loan.

Feliciana received a sixth-grade education and then dropped out of school because her parents could no longer afford her notebooks and school uniforms. Now her dream is to provide her three daughters with a college education. She will also use her profits to keep investing in her grocery store and mead business.

Download PDF

Industry Info

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.

Feliciana's Community

Crecencio Morales is a mountainous community that is home to an indigenous population of approximately 8,000. Elder members of the population still speak the Mazahua indigenous languages and weave traditional clothing.

Residents of Crecencio Morales live in poverty, depending primarily on agriculture, commerce, and the production of artisan goods for income. Most homes are made of wood and have only two rooms with dirt floors. Families cook their meals on wood stoves, as gas and electricity are limited. Few residents have access to toilets or running water; most use outhouses and fetch water from community wells.

In Crecencio Morales, World Vision is providing families with business training; helping farmers increase agricultural production and incomes; attending to the health needs of malnourished children; increasing access to safe water through the installation of water tanks; and providing tutoring and recreational opportunities.

Feliciana's Mid Term Update July 30, 2012

Thank you for supporting a small business loan for Feliciana Vega Solis to expand her food and grocery business.

After receiving the loan from World Vision, she invested the $400 to buy toilet paper, milk, eggs, sugar, rice, beans, soup, tuna, matches, and lights.

Feliciana has been repaying her loan on time with her new profits. She makes weekly payments of $16.

In addition to repaying her loan, Feliciana is using additional income to buy supplies in bulk and expand the current business.

Feliciana's 3 children continue to study in school.

Thank you for supporting Feliciana and World Vision Micro!

Feliciana's Final Update October 22, 2012

Thank you for supporting the small loan for Feliciana Vega Solis to improve her food and grocery business. She invested her loan of $400 to stock up merchandise for her store.

Feliciana has now repaid her loan in full. In addition to repaying her loan, Feliciana has used her additional income to buy supplies in bulk and expand her current business.

Feliciana's 3 children continue to study in school.

The loan Feliciana received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Feliciana hopes to expand her current business and take out another loan.

Thank you for your support of Feliciana and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$400

Amount raised

$400
$400
100%

Help Feliciana

1 Donors

  • Maggie
    May 07, 2012
    Contributed to 14 other loans

Similar Opportunities