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Faustina Beatriz Tapia

Start Date: March 23, 2010

Faustina Beatriz Tapia is from Ometepec, Mexico. She has 3 children. She needs a loan of $650 to purchase more cosmetics to sell, specifically creams and perfumes.

Commerce
City:
Ometepec
Community:
Cuajinicuilapa ADP
Country:
Mexico
other entrepreneurs here Ometepec, Mexico

Summary

Faustina Beatriz Tapia is from Ometepec, Mexico. She has 3 children. She needs a loan of $650 to purchase more cosmetics to sell, specifically creams and perfumes.

  • Top Goals To purchase more cosmetics to sell, specifically creams...
  • Children Helped 3

Faustina 's Story

Faustina Tapia sells cosmetics like perfumes, creams, and assorted cosmetics. She has two children, Brenda and Jose, and they live with her in her small home.

As a result of limited resources, she has not been able to purchase a good selection of products and thus has been limited in her ability to earn a good income. Because of this loan, she will be able to purchase more, and through her earnings, give her children a better quality of life, better food, and will be able to pay for their studies.

In addition, with her savings, she will be able to purchase more clothing to sell, and increase her earnings and grow her business.

Her goals are to improve her home and to invest in her business.

Industry Info

Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur 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.

Summary

Faustina Beatriz Tapia is from Ometepec, Mexico. She has 3 children. She needs a loan of $650 to purchase more cosmetics to sell, specifically creams and perfumes.

  • Top Goals To purchase more cosmetics to sell, specifically creams...
  • Children Helped 3

Faustina 's Community

Residents of the community of Cuajinicuilapa are primarily a mix of native Mexicans and Africans, who originally arrived with the Spanish conquistador Hernan Cortes. The region’s close proximity to the coast enables residents to participate in a wide range of economic activities, including commerce, agriculture, and fishing.

In Cuajinicuilapa, World Vision is working to improve healthcare and has conducted HIV- and AIDS-awareness campaigns, formed support groups, provided testing, and trained community members to care for those who are affected by the disease. We have also emphasized the importance of education to parents and trained community leaders to provide tutoring to students, helping them improve academic performance.

Summary

Faustina Beatriz Tapia is from Ometepec, Mexico. She has 3 children. She needs a loan of $650 to purchase more cosmetics to sell, specifically creams and perfumes.

  • Top Goals To purchase more cosmetics to sell, specifically creams...
  • Children Helped 3

Faustina 's Mid Term Update November 01, 2010

Faustina

Faustina sells Mary Kay products. She used the loan to purchase creams, towels, perfumes, body scrub and bags to sell her products. She is able to offer more products to her clients.

With a new baby who needs attention, Faustina has learned to be more efficient in her sales. Her is business is growing and she is reinvesting her profits.

Faustina 's Final Update January 10, 2011

Faustina

Mrs. Faustina now has a larger variety of products to sell to her clients. Her number of clients has increased because she is friendly and helpful. An increase in clients means an incease in sales. Her profits have increased and she is able to purchase more products and a new variety of lotions, creams, and perfumes. These are the items she finds to be her best sellers. During the months of June and July her sales were especially high due to parents and other individuals purchasing graduation gifts for children. Her business is steadily growing and making greater profits.

Her income is making it possible for her to provide for her family. She has resources to purchase clothes and food for her baby. Thanks to this she can provide a better diet for her children.
She pays her loan on time.

She hopes to request another loan in order to establish a store location and increase her profits from it. She would also use it to put doors and windows on her house because during rainy season water comes into her house. She worries about the security of her children. She wants to properly fix her home.

She is very grateful for the support she has received. Mrs. Faustina is full of energy to work because she wants her family situation, business, and income to improve. She has repaid her loan in full. These funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Faustina and World Vision Micro!

Total Amount
$650

Amount Raised To Date

$650
100%

Help Faustina

6 Donors

  • Lori
    May 26, 2010
    Contributed to 1 other loans
  • Jon
    May 26, 2010
    Contributed to 0 other loans
  • Mike
    May 26, 2010
    Contributed to 1 other loans
  • Terri
    June 22, 2010
    Contributed to 1 other loans
  • Stephanie
    August 02, 2010
    Contributed to 8 other loans
  • James
    August 23, 2010
    Contributed to 17 other loans

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