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