Brandon Vargas (100% Funded)

MF-LoanCandidate, Microfinance

Loan profile #007 posted 12/24/18

Goal US $1200

Percent Funded 100% $1200 of $1200

Personal Profile Brandon Vargas

  • Name: Normal Hildebrando Vargas Romero
  • Location: La Calle Real del Tolap
  • Family: With the income of this business I would help maintain my home since in the moment I am single and living with my mother
  • Formal Education: I have completed my secondary studies and am currently in the first year of Administration and Public Policy
Update (4/29/19)

Dear Friends of WCRF, I feel happy that you are supporting and funding my small project, My funding for the micro loan has been at 56% for three months. Me and my mother (co business partner) have hopes of completing our funding soon so we can expand our small grocery stand.  This will allow us to begin the growing of my business which will help me, my family, and of course my community.
Thank you for your support and for the future support that you would provide to my project.
Sincerely yours,
Brandon Vargas

Business Profile

  • Business Description: Selling of various products
  • Hopes: Currently I have a small grocery store and with this loan I hope to include more products and obtain better income
  • Dreams: Expand my business to other areas in the region and generate opportunities for employment
  • Vision: Increase the business to cover products needed by families in my community.
  • Other Factors: I have a location, customers, suppliers, and have completed the business class taught by WCRF

How will this micro loan help you increase your business?

-The loan will allow me to add more and better products to my store and for that reason I will be able to attract more customers.

Micro Finance Plan Profile

How will the money be distributed?

Amount required: $1200

  • 1 exhibitor: $400
  • Infrastructure: $200
  • Purchase of various products: $600

First Inventory Purchase

Product; quantity; units; cost per unit

  • Oil(1); 40; liter; 26.5
  • Sugar; 75; pound; 10
  • Rice(1); 75; pound; 14.2
  • Rice(2); 50; pound; 12.8
  • Oil(2); 24; liter; 39
  • Rice(3); 200; pound; 10.8
  • Chicken; 100; pound; 30
  • Soap Sticks; 24; bar; 18.3
  • Soap Powder; 24; bag; 17.75
  • Chlorine; 36; bag; 4.58
  • Tomato Sauce; 48; bag; 8.6
  • Tomato Sauce; 12; bottle; 30
  • Toilet Paper; 48; roll; 14.37
  • Coffee Toro; 60; bag; 3.75
  • Sauce Lizano (small); 24; bottle; 20
  • Sauce Lizano (big); 12; bottle; 39
  • Suavitel; 36; bag; 6.85
  • Maggy Soup; 36; bag; 8.83
  • Bath Soap; 24; bar; 10.25
  • Tooth Paste; 12; container; 10.25
  • Milk; 48; liter; 12.9
  • Eggs; 120; egg; 3.83
  • Kotex; 24; units; 15
  • Spaghetti; 24; .5 pound; 8
  • Corn flake; 12; box; 29
  • Maruchan Soup; 36; box; 15.8
  • Frying Powder; 24; box; 17
  • Flower; 24; pound; 10
  • Maseca; 24; pound; 11
  • Pampers; 200; units; 4.6
  • Tooth brush; 24; units; 10.25