Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Maria Del Carmen is from Mexico. She has 2 children. She needs a loan of $550 to buy lipstick, perfumes, creams, eye shadows, eyeliners and nail polish. .
Mrs. Maria del Carmen is 39 years old, she studied up to junior high and she’s married to Mr. Edgar, who works in the field. They have two children; the oldest one is Edgar, who is 13 years old and goes to high school, and Mary, who goes to elementary school. They all live on the community of Vicente, on the state of Oaxaca.
For more than two years she has been working on this, she sells cosmetic products thru catalog. She wants to help her husband cover some house expenses. She is noticing that the economic situation in the country is getting harder and that they need to provide the best possible education to her children.
Mrs. Maria del Carmen sells cosmetics, she goes door to door selling her products to her friends and neighbors. She shows them her catalog and they place their orders, when she has a high number of orders, she goes to get them and then she gets paid for them.
She is asking for a loan to buy lipstick, perfumes, creams, eye shadows, eye liners and nail polishers to sell.
Mrs. Maria del Carmen hopes that with this loan she will be able to expand her business.
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 Maria del carmen Perroni Virgen to expand her health and beauty business where she sells perfume and makeup.
After receiving the loan from World Vision, she invested the $550 to buy lipstick, perfumes, creams, eye shadows, eyeliners, and nail polish.
Maria del carmen has been repaying her loan on time with her new profits. She makes weekly payments of $27.
In addition to repaying her loan, Maria del carmen is using additional income to buy supplies in bulk and expand the current business. Maria del carmen's 2 children continue to study in school.
Thank you for supporting Maria del carmen and World Vision Micro!
Thank you for supporting the small business loan for Maria del carmen Perroni Virgen to improve her retail and health/beauty business. She invested her loan of $550 to buy lipstick, perfumes, creams, eye shadows, eyeliners and nail polish, as shown by the picture of her catalog.
Maria del carmen has now repaid her loan in full. In addition to repaying her loan, Maria del carmen has used her additional income to buy supplies in bulk and expand the current business. Maria del carmen's 2 children continue to study in school.
The loan Maria del carmen received helped her business expand, and the profits she is now earning create lasting improvements in her life. In the future, Maria del carmen hopes to continue to send her children to school and expand the current business.
Thank you for your support of Maria del carmen and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.