Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Angelica is from Mexico. She needs a loan of $425 buying beads, thread, and needles for her bead embroidery business.
Angelica Lopez Benito is from the calm community of Cochoapa. Angelica beads and embroiders for a living. She has two daughters named Miriam (4 years old) and Yoselin (1 year old).
Angelica has had a lot of problems trying to support her children. At times she has not been able to pay the doctor for his services until she has been able to sell some of her embroidery work. She also has problems giving her daughters the food they need to grow healthy and strong.
Angelica believes that a loan that will help her buy more beads, thread, and needles will ultimately help increase her earnings. She would like to provide her daughters with a better diet and be able to send them to school. She would also like to buy some items for her home.
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.
Residents of the community of Cuajinicuilapa are primarily a mix of native Mexicans and Africans, who originally arrived with the Spanish conquistador Hernan Cortes. The region’s close proximity to the coast enables residents to participate in a wide range of economic activities, including commerce, agriculture, and fishing.
In Cuajinicuilapa, World Vision is working to improve healthcare and has conducted HIV- and AIDS-awareness campaigns, formed support groups, provided testing, and trained community members to care for those who are affected by the disease. We have also emphasized the importance of education to parents and trained community leaders to provide tutoring to students, helping them improve academic performance.
Angélica lives in Cochoapa and sells “chaquira fabrics” to help her husband get ahead. She invested the loan into the purchase of “chaquira”, thread, linens, and fabrics that are used in the creation of outfits and typical dress.
She is happy with the loan because now she can market her “chaquira” fabrics in other communities where she sells them at higher prices. She takes custom orders, and later delivers them to her clients.
Her sales have helped her a lot. Angélica’s family is eating better and they have enough to cover educational costs, along with other expenses. Her husband is happy too, and they hope to continue with the support from World Vision. The payments are easy to make, and their hope is to provide the best they can for their family by opening up a store selling arts and crafts. Thank you for supporting Angélica and World Vision Micro!
Mrs. Angélica López Benito makes and sells “chaquira” blouses. She is very happy for the loan that she received. Her sales have gone up because, thanks to the loan, she was able to purchase the materials necessary to make the products. She is earning good profits.
Angélica is very happy with the help she received from “Fundación Realidad” because, thanks to their support, her life and the lives of her family have changed a lot. She can now buy the essential things that her children need, and she is improving her business.
She told us that she has paid her loan in full, since payments were always very reasonable and she always made her payments on time. She did so because she wants the continued support from “Fundación Realidad” through more loans, to continue with her business.
Mrs. Angélica wants to thank World Vision and the donors because, thanks to them she was able to invest into her business, and the profit that she makes really helps her family. One of her goals is for her children to continue studying a career and to have a good profession, especially since she wasn’t able to do so due to the lack of economic resources. She also wants to do some home improvements and enhance her business.
Angelica has paid her loan in full. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Angelicaand World Vision Micro!