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Country Profile

Mexico

Mexico

Country FactsMexico

Capital:
Mexico City
Population:
111.2 million
Life Expectancy:
76 years
Infant Mortality Rate:
18/1000
Average Annual Income:
US $7,310 (GNI per capita)
Literacy Rate:
91.4%
School Enrollment:
98%
Yolanda

Meet Yolanda

"I had the dream to study in secondary school" Yolanda says, "but had to drop out when I was 12.” Things began to turn around for Yolanda when World Vision came to her community.

Read her story

Micro Stats

  • 544 loans funded
  • 509 women funded
  • 0 loans available on site
  • 18 avg. loan term (wks)
  • 21 communities
  • $354 avg. loan size

Country Perspective

Mexico is a rich mix of cultures. Many entrepreneurs have descended from the Mayans, Aztecs, or other Native Americans. Others are mestizo, with mixed Spanish and Native ancestry. Most Mexicans speak Spanish, the country's official language. Mexicans honor their past, their brave heroes, and the land of their ancestors.

More than likely, your entrepreneur's family maintains a strong tie to their community and lives in close proximity to aunts, uncles, and cousins. In Mexican culture, the family is a valuable commodity. The elderly are greatly respected and older relatives are cared for by their children and grandchildren.

In poorer communities, people commonly marry at a very young age and have many children. Parents view a large family as more hands for working. Children generally do not leave home until they marry, and with current economic struggles, it has become more common for married sons and daughters to move their families into their parents' homes.

Mexico City is one of the largest cities in the world. Twenty-two million people live in and around the urban center. On the surface, it offers luxury commercial, financial, and industrial facilities. But behind this, much of the population lives in poverty.

Our Microfinance Institution (MFI) Stats

  • FRAC mfi
  • $6,391,040 outstanding portfolio
  • 17,697 active borrowers
  • $611 avg. loan size
  • 97% sustainability level
  • 3% return on assets
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