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Socorro Doroteo
Name:
Socorro Doroteo
City:
La coraza, Oaxaca
Country:
Mexico
Activity:
Basic products store
Loan Use:
Buy basic products and medicines to sell
Entrepreneur Profile
Mrs Socorro started small basic products store two years ago, and it has grown slowly, because she doesn't has enough money to invest in it.
She needs a loan to buy more products and increase her sales, and buy medicines too. Because her town does not have a pharmacy, it will be great for her town. With this, she will be able to help her town, and will be able to give a better life to her grand daughter.
Mrs. Soccorro is originally from Coraza, a little town in Oaxaca, she is married and takes care of her grand daughter Britany.
Mid-Term Update - April 29, 2010
We apologize for the delay in your promised mid-term report. When we reviewed the repayment status of your loan, it became apparent that your mid-term report had somehow slipped through the cracks. While World Vision has been giving microloans to the enterprising poor for over 20 years, Micro is a brand-new program. Our field staff has received updated training regarding the importance of prompt reporting back to donors, and you should be receiving an update soon.
Please let me assure you that what happened in this case is not typical of World Vision or Micro. We continue to be committed to providing you and all of our donors with consistent high-quality feedback. If you have any questions please don't hesitate to contact us at 1-888-511-6444 or by email at http://www.worldvisionmicro.org/pages/contact. Thank you for your continued support!
Final Report - July 08, 2010
Mrs. Socorro used her loan to restock her little general store. She hopes to increase her sales so that she can move her store out of her home and build a place just for her store.
The success of her business has improved her and her granddaughter’s life.
Socorro is finished repaying her loan.
Community Photos
Entrepreneur Location
Local 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.
Learn more about microfinance in Mexico
Donors funding this loan
Misty
Keturah
Jacob
Pamela
Toni
Robert
Susan