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5 people are supporting Yasmine Elena Orozco

Yasmine Elena Orozco

City: Soledad Country: Colombia Loan Use: To re stock the business and offer a wide variety of products to her clients.
Loan Term: 72 Date Posted: January 09, 2019 First Repayment: July 11, 2018
Opportunity International Client Yasmine Elena Orozco

Yasmine Elena does her best to make a living for her husband and daughter in Soledad, Colombia. For many years she has run her own business, providing her customers with various cleaning supplies. However, due to a lack of business income, Yasmine had trouble diversifying her selection of products. She feared that without the means or knowledge about how to expand her shop, she and her husband would continue to struggle to support their daughter. When Yasmine heard about the loan and financial training she could receive from Opportunity International from one of her neighbors, she knew she had found the solution she had been looking for. She used her loan to purchase a more extensive selection of cleaning supplies and products to meet more of the needs of her community. This growth attracted new customers to her store and increased her sales significantly. In fact, because of her increase in business income, Yasmine was also able to hire an employee. Yasmine now hopes to use her new entrepreneurial expertise to open up more shops in her community, so that she can create jobs for others and help bring them out of poverty.

Frequently Asked Questions

How do entrepreneurs become Opportunity International loan clients?

Opportunity International conducts interviews with prospective clients to get a better understanding of their situation, so we can construct a loan that’s tailored to their needs and capabilities.

If I help fund a loan, should I expect to be paid back?

When you help to fund a loan, you are making a donation to Opportunity International. When those funds are repaid by the client, the funds remain in the country where the original client’s loan was disbursed, so that it can help fund more loans. Your initial gift continues to have an impact after the first loan is repaid.

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