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Priscila A

Priscila is from Mexico. She needs a loan of $400 to buy fruit and vegtables to sell.

Commerce
Community:
Crescencio Morales ADP
Country:
Mexico
other entrepreneurs here Mexico

Summary

Priscila is from Mexico. She needs a loan of $400 to buy fruit and vegtables to sell.

  • Top Goals To buy fruit and vegtables to sell
  • Dependants Helped 2

Priscila's Story

Priscila, or Prisci as her friends call her, is married to Cornelio. They have two children who are attending high school. Prisci has been selling fruits and vegetables for almost eighteen years. She wakes up at 3:00 am everyday to go to the wholesale market to buy the best fruits and vegetables before they are sold. She sells her produce in her community. Prisci started her business to help her husband meet household expenses because his income was not enough meet their basic needs. Now, she is asking for a loan to expand her business and to buy more onions, nopales, lettuce, chili, avocado, coriander, and many other types of vegetables.

With the loan from World Vision, Prisci will be able to buy high quality vegetables. This will allow her to better provide for her family. In the future, she is saving to rent a store because of the many times when her produce has been ruined due to rain or extreme hot weather.

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Industry Info

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.

Priscila's Community

Crecencio Morales is a mountainous community that is home to an indigenous population of approximately 8,000. Elder members of the population still speak the Mazahua indigenous languages and weave traditional clothing.

Residents of Crecencio Morales live in poverty, depending primarily on agriculture, commerce, and the production of artisan goods for income. Most homes are made of wood and have only two rooms with dirt floors. Families cook their meals on wood stoves, as gas and electricity are limited. Few residents have access to toilets or running water; most use outhouses and fetch water from community wells.

In Crecencio Morales, World Vision is providing families with business training; helping farmers increase agricultural production and incomes; attending to the health needs of malnourished children; increasing access to safe water through the installation of water tanks; and providing tutoring and recreational opportunities.

Priscila's Mid Term Update September 19, 2012

Thank you for supporting a small business loan for Priscila Ancelmo arellano to expand her food, retail and grocery business. After receiving the loan from World Vision, she invested the $400 to buy fruit and vegtables to sell. Priscila has been repaying her loan on time with her new profits. She makes weekly payments of $25.

In addition to repaying her loan, Priscila is using additional income to pay for transportation and expand the current business. Priscila's 2 children continue to study in school.

Thank you for supporting Priscila and World Vision Micro!

Priscila's Final Update November 14, 2012

Thank you for supporting the business loan for Priscila Ancelmo Arellano to expand her grocery business. She invested her loan of $400 to buy fruit and vegetables.

Priscila has now repaid her loan in full. In addition to repaying her loan, Priscila has used her income to buy supplies and expand her current business.

Both of Priscila's two children continue to study in school.

The loan Priscila received helped her business expand and the profits she is earning create lasting improvements in her life.

Thank you for your support of Priscila and World Vision Micro! These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$400

Amount raised

$400
$400
100%

Help Priscila

14 Donors

  • Zach
    July 14, 2012
    Contributed to 1 other loans
  • Moni
    July 19, 2012
    Contributed to 19 other loans
  • Jennifer
    July 19, 2012
    Contributed to 23 other loans
  • Amber
    July 19, 2012
    Contributed to 23 other loans
  • Peggy
    July 19, 2012
    Contributed to 20 other loans
  • Luann
    July 19, 2012
    Contributed to 22 other loans
  • Corina
    July 19, 2012
    Contributed to 18 other loans
  • Denise
    July 19, 2012
    Contributed to 30 other loans
  • Kathi
    July 19, 2012
    Contributed to 23 other loans
  • Yarden & Andrew
    July 19, 2012
    Contributed to 21 other loans
  • Sarah
    July 19, 2012
    Contributed to 19 other loans
  • Michele
    July 19, 2012
    Contributed to 20 other loans
  • Miko Iean
    July 19, 2012
    Contributed to 20 other loans
  • Jennifer
    July 19, 2012
    Contributed to 20 other loans

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