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Tomasa C

Tomasa is from Mexico. She needs a loan of $475 to purchase grocery stock for store.

Commerce
Community:
Vicente Camalote
Country:
Mexico
other entrepreneurs here Mexico

Summary

Tomasa is from Mexico. She needs a loan of $475 to purchase grocery stock for store.

  • Top Goals To purchase grocery stock for store

Tomasa's Story

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.

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Industry Info

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.

Tomasa's Community

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.

Tomasa's Mid Term Update July 24, 2012

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!

Tomasa's Final Update September 18, 2012

Tomasa

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!

Total Amount
$475

Amount raised

$475
$475
100%

Help Tomasa

14 Donors

  • Lisa
    May 21, 2012
    Contributed to 0 other loans
  • Linda Km
    May 25, 2012
    Contributed to 15 other loans
  • Cheryl A
    May 25, 2012
    Contributed to 37 other loans
  • Merry
    May 25, 2012
    Contributed to 40 other loans
  • Courtney
    May 25, 2012
    Contributed to 13 other loans
  • Marie
    May 25, 2012
    Contributed to 13 other loans
  • Morgan
    May 25, 2012
    Contributed to 31 other loans
  • Elaine
    May 25, 2012
    Contributed to 27 other loans
  • Jill
    May 25, 2012
    Contributed to 9 other loans
  • Cara
    May 25, 2012
    Contributed to 17 other loans
  • Nicole
    May 25, 2012
    Contributed to 11 other loans
  • K K
    May 25, 2012
    Contributed to 19 other loans
  • Linda K
    May 26, 2012
    Contributed to 37 other loans
  • Debbie
    May 26, 2012
    Contributed to 13 other loans

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