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Juan is from Mexico. He has 1 child. He needs a loan of $400 to buy more sheep.
Juan is from Mexico. He has 1 child. He needs a loan of $400 to buy more sheep.
Juan is 54 years old and married to Bonifacia. Together they have one child. Juan makes a living by buying, raising, and selling sheep, which has been his family's primary activity for decades. Juan has not had any major challenges in his business because he has a lot of experience raising sheep.
The main objective of Juan and his family is to boost his business. Even though they have had this business for a long time he needs more money to speed its growth. With a loan from World Vision Juan will be able to buy more sheep to raise and sell in his community. This will help him and his family obtain a better income and improve their economic situation. It will also give Juan the chance to save money and eventually build an extra room in his house.
The Agriculture business sector covers all farming and livestock activities. Some entrepreneurs request loans to help in securing supplies and equipment. Others want to buy more animals to breed or purchase feed and medicines. The majority of our loan clients live in rural communities where agriculture is already understood as a business model. It is for this reason that approximately 50% of our loans are in the agricultural sector.
Home to a primarily ethnic Mazahua population, the community of Najhé is located in a mountainous region in northeastern Mexico State. The climate is sub-humid, but temperatures are typically cool due to the region’s high elevation. Windstorms are common during the early spring, followed by heavy rains in the summer and frost in the winter.
Women in Najhé continue to wear typical Mazahua dress, and some community members uphold traditional artisan practices, producing pottery, woodwork, and crafts made of wool. The primary economic activity is agriculture. Squash, beans, and fruit are grown for consumption, while corn is grown both to eat and to sell.
World Vision’s work in Najhé includes agricultural assistance to improve nutrition and family incomes; vocational training and tutoring sessions; and self-esteem workshops. We are also working to improve health conditions by training volunteers who can educate community members and by providing housing materials that will contribute to better living environments.
Thank you for supporting a small business loan for Juan Lira Segundo to expand his farming and livestock business where he raises sheep.
After receiving the loan from World Vision, he invested the $400 to buy more sheep.
Juan has been repaying his loan on time with his new profits. He makes weekly payments of $25.
In addition to repaying his loan, Juan is using additional income to purchase food for the animals, purchase food for the family, and expand the current business. Juan's 1 child continues to study in school.
Thank you for supporting Juan and World Vision Micro!
Thank you for supporting the small loan for Juan Lira Segundo to improve his farming and livestock business. He invested his loan of $400 to buy more sheep.
Juan has now repaid his loan in full. In addition to repaying his loan, Juan has used his additional income to purchase food for the animals, purchase food for the family and expand the current business.
Juan's 1 child continues to study in school.
The loan Juan received helped his business expand, and the profits he is earning create lasting improvements in his life. In the future, Juan hopes to repair or expand their home and expand the current business.
Juan has repaid his loan in full, 100%. These loan funds are now available to help another worthy entrepreneur in his community. Thank you for supporting Juan and World Vision Micro!
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