Rosario Estrada Zepeda is from Ometepec, Mexico. She has 1 child. She needs a loan of $475 Buying ingredients in larger quantities to reach more clients.
Rosario Estrada Zepeda is from Ometepec, Mexico. She has 1 child. She needs a loan of $475 Buying ingredients in larger quantities to reach more clients.
In the past, Rosario has had trouble taking contracts to make meals because she did not have enough money to make meals large enough for her clients' needs. Because of this, she has lost some clients. She would like a loan so that she can buy enough ingredients to make meals in larger quantities.
Right now she makes meals for “take-out” and for events. With the loan she will be able to take these contracts and can make larger quantities of food to offer for large events. Through this, she can make more money and improve the lives of her son and herself.
With the help of this loan she wants to grow her business, putting another location in the center of the city, which would sell food everyday for low prices. There are many people who come to the city from the mountains to buy food, and there are not many places that sell food in the city.
She would like to be able to make money, but also to help these people save money as well. In the end, her goal is to increase the quality of life for her son and herself and ensure that her son can go to school. Rosario is 33 years old and lives with her son in Ometepec.
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.
Rosario Estrada Zepeda is from Ometepec, Mexico. She has 1 child. She needs a loan of $475 Buying ingredients in larger quantities to reach more clients.
The small community of Rio Santa Catarina, which derives its name from a local river, has a mountainous terrain and warm climate. Economic opportunities in this community are diverse as a result of its close proximity to the growing city of Ometepec.
In Rio Santa Catarina, World Vision is assisting farmers with production and marketing; educating families on disaster preparedness; and working to improve education through tutoring and teacher training. We are also providing healthcare services, nutritional training, and housing assistance.
Rosario Estrada Zepeda is from Ometepec, Mexico. She has 1 child. She needs a loan of $475 Buying ingredients in larger quantities to reach more clients.
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 don't 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!
Rosario tell us that she used her loan to buy raw materials for her meals and with this she can increase her clients. Now she sells meals at employees of a local radio station.
Rosario has repaid her loan in full. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Rosario and World Vision Micro!
