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Guadalupe is from Mexico. She needs a loan of $175 to buy bread, meat, sausage, lettuce, tomatoes, avocado, onion, mustard, ketchup, pineapple, cooking oil and sodas.
Guadalupe is from Mexico. She needs a loan of $175 to buy bread, meat, sausage, lettuce, tomatoes, avocado, onion, mustard, ketchup, pineapple, cooking oil and sodas.
Guadalupe is 36 years old and she has only studied up to elementary school. She is married to Octavio, or "Tavo" as people call him. Together they have two teenagers who study in high school and a young girl who attends elementary school. They live in Vicente in the state of Oaxaca, an important sugar cane area where the sugar mill "La Margarita" is located.
Guadalupe started selling hotdogs and hamburgers seven years ago to help her husband with all the expenses at home, including what their children need for school. She usually sells her food on weekends in a rented establishment near the park in her community. As she has been in this business for a long time, people already know her and she has many clients who are delighted with her snacks.
Guadalupe desires to expand her business but she lacks the financial capital to do so. A loan from World Vision will allow her to buy bread, meat, sausages, lettuce, tomatoes, avocado, onion, mustard, ketchup, pineapple, cooking oil and sodas to continue and improve her business. She plans save some of the profits she earns to send her children to university. She also plans to reinvest in her business and to keep it growing.
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 Guadalupe Amador Lagunes to expand her food business where she sells snacks.
After receiving the loan from World Vision, she invested the $175 to buy bread, meat, sausage, lettuce, tomatoes, avocado, onion, mustard, ketchup, pineapple, cooking oil, and sodas.
Guadalupe has been repaying her loan on time with her new profits. She makes weekly payments of $10.
In addition to repaying her loan, Guadalupe is using additional income to buy supplies in bulk and expand the current business. Guadalupe's 3 children continue to study in school.
Thank you for supporting Guadalupe and World Vision Micro!
Thank you for supporting the small loan for Guadalupe Amador Lagunes to improve her food and retail business. She invested her loan of $175 to buy bread, meat, sausage, lettuce, tomatoes, avocados, onion, mustard, ketchup, pineapples, cooking oil and sodas.
Guadalupe has now repaid her loan in full. In addition to repaying her loan, Guadalupe has used her additional income to buy supplies in bulk and expand the current business.
Guadalupe's 3 children continue to study in school.
The loan Guadalupe received helped her business expand, and the profits she is earning create lasting improvements in her life. In the future, Guadalupe hopes to continue to send her children to school, expand the current business and improve her quality of life.
Guadalupe 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 Guadalupe and World Vision Micro!
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