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Maria is from Mexico. She has 2 children. She needs a loan of $550 to buy tomatoes, hot peppers, onions, meat, garlic, dough, salt, sugar, tortillas, condiments, gas, oil and sodas .
Maria is from Mexico. She has 2 children. She needs a loan of $550 to buy tomatoes, hot peppers, onions, meat, garlic, dough, salt, sugar, tortillas, condiments, gas, oil and sodas .
Maria Pavon Lopez lives in the community of Tetela, Mexico which is located in a sugarcane area just a few minutes away from one of the most important precincts in the state of Oaxaca. She has worked the past 14 years by selling food and sodas in her backyard. Monday thru Friday she gets up very early in the morning to start cooking delicious stews before her business opens and customers start arriving. Maria is very pleased that she has many returning customers.
Maria wants to expand her business. A loan from World Vision will allow her to purchase the products which will help her to increase her profits. She wants to buy tomatoes, hot peppers, onions, meat, garlic, dough, salt, sugar, tortillas, condiments, gas, oil and sodas.
Maria is 40 years old and she studied up to the 3rd grade of elementary school. She is married to Jose, who is a laborer in the fields. They have two children: Consuelo, who is 10 years old and Andrea, who is 16 years old. Additional income from her business will help with expenses. Maria wants to provide a better qualify of life for her children.
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 Pavon Lopez to expand her business of selling food and sodas.
After receiving the loan from World Vision, she invested the $550 to buy tomatoes, hot peppers, onions, meat, garlic, dough, salt, sugar, tortillas, condiments, gas, oil and sodas.
Maria has been repaying her loan on time with her new profits. She makes weekly payments of $27. In addition to repaying her loan, Maria is using additional income to buy supplies in bulk and expand her current business.
Maria 's 2 children continue to study in school.
Thank you for supporting Maria and World Vision Micro!
Thank you for supporting the small business loan for Maria Pavon Lopez to improve her food and services business. She invested her loan of $550 to buy tomatoes, hot peppers, onions, meat, garlic, dough, salt, sugar, tortillas, condiments, gas, oil, and sodas.
Maria has now repaid her loan in full. In addition to repaying her loan, Maria has used her additional income to buy supplies in bulk and expand the current business. Maria's 2 children continue to study in school.
The loan Maria received helped her business expand, and the profits she is now earning create lasting improvements in her life. In the future, Maria hopes to repair or expand their home, expand the current business, and take out another loan.
Maria 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 Maria and World Vision Micro!