Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Alberta is from Mexico. She needs a loan of $475 to buy wrist watches to sell.
Alberta is a hardworking woman who lives in a charming community in the state of Oaxaca called "Paraíso" (Paradise). In this area, the weather is warm and the people's activities are committed to the land: harvesting oranges and sugar cane. Alberta is married to Tirzo and together they have two children.
Four years ago, Alberta started selling watches as a way to help her husband since it was a profitable activity. They wanted to give their children a good life with more opportunities than they themselves had. Alberta sells watches by visiting the houses in her community. She is very glad that she chose this line of work because she has been able to improve their living conditions at home.
Alberta would like to expand her business but she does not have the financial capital to do so. A loan from World Vision will allow her to buy more watches to sell and increase the variety of watches she has to offer. She plans to use the profits she earns to better provide for her family and to reinvest in her business.
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 Alberta Valdivia Balderas to expand her retail business where she sells watches.
After receiving the loan from World Vision, she invested the $475 to buy wrist watches to sell.
Alberta has been repaying her loan on time with her new profits. She makes weekly payments of $29.
In addition to repaying her loan, Alberta is using additional income to buy supplies in bulk and expand the current business. Alberta's 2 children continue to study in school.
Thank you for supporting Alberta and World Vision Micro!
Thank you for supporting the small loan for Alberta Valdivia Balderas to improve her retail business. She invested her loan of $475 to buy wrist watches to sell.
Alberta has now repaid her loan in full. In addition to repaying her loan, Alberta has used her additional income to buy supplies in bulk and expand her current business.
Alberta's 2 children continue to study in school.
The loan Alberta received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Alberta hopes to repair or expand their home and expand her current business.
Thank you for your support of Alberta and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.