Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Tomasa is from Mexico. She needs a loan of $475 to purchase grocery stock for store.
Tomasa Cortes Arroyo is sixty six years old and lives with her husband Federico in Paraiso La Reforma, Paraiso means "Paradise." Tomasa works very hard at managing and maintaining her grocery store out of her home for her local community. Tomasa helps to provide for her family from the profit generated by her in home store.
With a loan from World Vision, Tomasa will be able to purchase more grocery stock for her store. With more stock, she will be able to expand her business and increase her income. With the additional income, Tomasa will be able to provide for all of her family's daily needs.
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 Tomasa Cortes Arroyo to expand her grocery store.
After receiving the loan from World Vision, she invested the $475 to stock her grocery store.
Tomasa has been repaying her loan on time with her new profits. She makes weekly payments of $29.
In addition to repaying her loan, Tomasa is using additional income to buy supplies in bulk and expand the current business.
Thank you for supporting Tomasa and World Vision Micro!
Thank you for supporting the small loan for Tomasa Cortes Arroyo to improve her grocery business. She invested her loan of $475 to purchase grocery stock for her store.
Tomasa has now repaid her loan in full. In addition to repaying her loan, Tomasa has used her additional income to buy supplies in bulk and expand the current business.
The loan Tomasa received helped her business expand, and the profits she is earning create lasting improvements in her life. In the future, Tomasa hopes to repair or expand their home, expand the current business and take out another loan.
Tomasa 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 Tomasa and World Vision Micro!