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Maria is from Mexico. She has 1 child. She needs a loan of $325 to buy different color of threads and needles.
Maria is from Mexico. She has 1 child. She needs a loan of $325 to buy different color of threads and needles.
Mrs. Maria is 46 years old. She only studied up to 2nd grade of high school. Maria has been knitting for 15 years. She also makes crafts and sells them to earn some extra money to help her husband with household and school expenses.
She knits many things such as scarves, rugs, blouses and handbags. She has been doing this for many years so she has many regular customers. She doesn’t have find customers; people come to her and place their orders.
She is very happy because her business is going great and she has enough money to cover her basic needs. She’s asking for a loan to buy different color threads and new hooks to make her crafts.
She hopes that with this investment her business will succeed so she can provide a better quality of education to her children.
She is married and her husband Julian works in the fields. They have 4 children. Three are grown, and one is still in school.
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 Fructuoso Mendoza to expand her sewing business where she makes and sells knits.
After receiving the loan from World Vision, she invested the $325 to buy different color of threads and needles.
Maria has been repaying her loan on time with her new profits. She makes weekly payments of $16.
In addition to repaying her loan, Maria is using additional income to buy supplies in bulk and expand the current business. Maria's child continues to study in school.
Thank you for supporting Maria and World Vision Micro!
Thank you for supporting the small business loan for Maria Fructuoso Mendoza to improve her manufacturing and tailoring/sewing business. She invested her loan of $325 to buy different color of threads and needles.
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 1 child continues 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 continue to send her children to school, 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!
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