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.

Minerva J

Minerva is from Mexico. She has 2 children. She needs a loan of $400 to buy meat.

Commerce
Community:
Vicente Camalote
Country:
Mexico
other entrepreneurs here Mexico

Summary

Minerva is from Mexico. She has 2 children. She needs a loan of $400 to buy meat.

  • Top Goals To buy meat
  • Children Helped 2

Minerva's Story

Minerva is a single mother and she works most of her time to be able to support her daughters and provide them a proper education.

Minerva sells meat to neighbors in her community. She doesn’t currently have a shop from which to sell meat but that doesn’t stop her from doing her job. Instead, it encourages her to expand her business. Clients place their orders with her and by noon they have what they asked for.

Minerva is happy and thanks God that her business is going well, but she needs the loan to buy more pork to sell during the holidays.

She wants to keep moving forward and to be able to pay for her daughter's education. She says: “Thank you for all your support”.

Minerva is 43 years old. She studied only through elementary school. She’s a single mother and has two daughters, ages 2 and 15. They live in a sugarcane zone in the state of Oaxaca.

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.

Minerva's Community

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.

Minerva's Mid Term Update June 29, 2012

Thank you for supporting a small business loan for Minerva Javier Ruiz to expand her food and retail business where she sells meat for a living. After receiving the loan from World Vision, she invested the $400 to buy meat.

Minerva has been repaying her loan on time with her new profits. She makes weekly payments of $20. In addition to repaying her loan, Minerva is using additional income to buy supplies in bulk and expand the current business. Minerva's 2 children continue to study in school. Thank you for supporting Minerva and World Vision Micro!

Minerva's Final Update September 07, 2012

Minerva

Thank you for supporting the small loan for Minerva Javier ruiz to improve her food and retail business. She invested her loan of $400 to buy meat.

Minerva has now repaid her loan in full. In addition to repaying her loan, Minerva has used her additional income to buy supplies in bulk and expand the current business. Minerva's 2 children continue to study in school.

The loan Minerva received helped her business expand, and the profits she is earning create lasting improvements in her life. In the future, Minerva hopes to repair or expand their home and expand the current business.

Minerva 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 Minerva and World Vision Micro!

Total Amount
$400

Amount raised

$400
$400
100%

Help Minerva

7 Donors

  • Teresa
    March 30, 2012
    Contributed to 0 other loans
  • Rene
    April 19, 2012
    Contributed to 1 other loans
  • Larry
    April 19, 2012
    Contributed to 9 other loans
  • John
    April 19, 2012
    Contributed to 16 other loans
  • Steven
    April 19, 2012
    Contributed to 15 other loans
  • Michael
    April 20, 2012
    Contributed to 0 other loans
  • Robert
    April 20, 2012
    Contributed to 1 other loans

Similar Opportunities