Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Elba is from Mexico. She needs a loan of $475 to buy thread, needles, fabric, embroidery rings, lace, etc.
Elba is thirty-two years old and her school life ended right after junior high school. She is married to Pedro who is a taxi driver. They have three children: Jesus who is thirteen years old and is studying junior high school; Isabel who is nine years old and is studying elementary school; the youngest, Pedro is only one year old.
Five years ago Elba started selling clothes and embroidered napkins because she wanted to help her husband with home expenses and to support her children because she wants them to continue studying. She usually offers her products by visiting friends' and acquiantances' homes. She is proud of her embroidered napkins and sometimes the clients are the ones who visit her to see her new creations or to ask her to do some special design for an event.
A World Vision microloan will enable Elba to make an investment in more thread, needles, fabric, laces and other material to continue making her crafts. But she also wants to buy more garments to sell them. She's confident this loan will improve her business and grow her customer base.
The additional income will be used to keep reinvesting in her clothing business and to ensure her children remain in school, as she wants them all to have good careers in the future.
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 Elba Reyes Ochoa to expand her clothing and tailoring/sewing business. After receiving the loan from World Vision, she invested the $475 to buy thread, needles, fabric, embroidery rings, lace, and other sewing supplies.
Elba has been repaying her loan on time with her new profits. She makes weekly payments of $23.
In addition to repaying her loan, Elba is using additional income to buy supplies in bulk and expand the current business. Elba's three children continue to study in school.
Thank you for supporting Elba and World Vision Micro!
Thank you for supporting the small loan for Elba Reyes ochoa to improve her clothing and tailoring/sewing business. She invested her loan of $475 to buy her craft making materials.
Elba has now repaid her loan in full. In addition to repaying her loan, Elba has used her additional income to buy supplies in bulk and expand her current business.
Elba's 3 children continue to study in school.
The loan Elba received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Elba hopes to send children to school, expand her current business and take out another loan.
Thank you for your support of Elba and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.