Angelica Lopez Hernandez is from La Cienega, Mexico. She has 1 child. She needs a loan of $1,050 Purchasing blouses, pants, sweaters, both male and female underwear, and children's clothing.
Angelica Lopez Hernandez is from La Cienega, Mexico. She has 1 child. She needs a loan of $1,050 Purchasing blouses, pants, sweaters, both male and female underwear, and children's clothing.
Doña Angelica lives in La Cienega, a sparsely populated town with few resources, in a small 2 bedroom tile home. She has a 10 year old daughter, Cielo, and hopes that this loan will provide a financial avenue to continue providing an education for her.
It is impossible for Doña Angelica to expand her business through normal loans, as the cost for such a loan is above her ability to pay, and her business is small. She especially needs this loan from World Vision because her business was robbed a short while ago, and she does not have the money to replace her stolen goods.
With this loan Doña Angelica will restock her clothing store with things like blouses, sueters, pants, and both male and female underwear. She has the only clothing store in her town, and when anyone needs clothing they head to Doña Angelica’s.
Her goal is to expand her inventory to meet the demands of her local clients, to fix her store, and also to add a small bathroom.
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.
Angelica Lopez Hernandez is from La Cienega, Mexico. She has 1 child. She needs a loan of $1,050 Purchasing blouses, pants, sweaters, both male and female underwear, and children's clothing.
Home to a primarily ethnic Mazahua population, the community of Najhé is located in a mountainous region in northeastern Mexico State. The climate is sub-humid, but temperatures are typically cool due to the region’s high elevation. Windstorms are common during the early spring, followed by heavy rains in the summer and frost in the winter.
Women in Najhé continue to wear typical Mazahua dress, and some community members uphold traditional artisan practices, producing pottery, woodwork, and crafts made of wool. The primary economic activity is agriculture. Squash, beans, and fruit are grown for consumption, while corn is grown both to eat and to sell.
World Vision’s work in Najhé includes agricultural assistance to improve nutrition and family incomes; vocational training and tutoring sessions; and self-esteem workshops. We are also working to improve health conditions by training volunteers who can educate community members and by providing housing materials that will contribute to better living environments.
Angelica Lopez Hernandez is from La Cienega, Mexico. She has 1 child. She needs a loan of $1,050 Purchasing blouses, pants, sweaters, both male and female underwear, and children's clothing.
We apologize for the delay in your promised mid-term report. When we reviewed the repayment status of your loan, it became apparent that your mid-term report had somehow slipped through the cracks. While World Vision has been giving microloans to the enterprising poor for over 20 years, Micro is a brand-new program. Our field staff has received updated training regarding the importance of prompt reporting back to donors, and you should be receiving an update soon.
Please let me assure you that what happened in this case is not typical of World Vision or Micro. We continue to be committed to providing you and all of our donors with consistent high-quality feedback. If you have any questions please do not hesitate to contact us at 1-888-511-6444 or by email at http://www.worldvisionmicro.org/pages/contact. Thank you for your continued support!
Fortunately, with the loan, the sales from Angelica's store have maitained steady. Now, her sales are healthy. One of the reasons that her sales have improved is because she is able to offer a larger variety of products.
The investment has helped Angelica cover some house expenses.
Angelica said, "Thank you for the support. Thanks to the loan I've been able to keep my customers. I used to lose customers because I didn't have enough clothes. But now I have a well supplied stock and the customers are back."
Angelica would eventually like to open a new store and have the capabilities to hire on workers from her community.
