Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Abrahan is from Mexico. He needs a loan of $400 to purchase stock for grocery store.
Abrahan Juan Rosas is 61 years old and lives with his family in La Tabaquera. Abrahan owns and operates a grocery store out of his home, in his local community. He works very hard at his store, selling merchandise to help provide for his family.
With a loan from World Vision, Abrahan will be able to purchase more stock for his store and grow his current business with the hopes of expanding to open another store. The growth in his business will help him to generate more income. With the additional income, Abrahan will be able to provide better living conditions for his family and provide for their daily needs.
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 the small loan for Abrahan Juan Rosas to improve his grocery business. He invested his loan of $400 to purchase more goods for his store.
Abrahan has now repaid his loan in full. He used his additional income to buy supplies in bulk.
The profits he is earning create lasting improvements in his life. In the future Abrahan hopes to repair or expand their home, take out another loan, and expand his business further.
Thank you for your support of Abrahan and World Vision Micro. These funds are now being recycled to support another deserving entrepreneur in the same community.