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Florinda is from Mexico. She needs a loan of $400 to buy soil, roots, pots, and manure.
Florinda is from Mexico. She needs a loan of $400 to buy soil, roots, pots, and manure.
Florinda owns several poinsettia nurseries, since she lives in a community where the weather and soil are perfect for growing poinsettias. With a loan from World Vision, Florinda will be able to expand her poinsettia growing business by investing in soil, roots, pots, and manure. These materials will help her grow better flowers, which will sell for a greater price.
Florinda's husband taught her how to cultivate poinsettias, which Florinda begins growing in March and sells in November and December. Growing poinsettias helps not only business owners like Florinda but also others in the community, since she needs to hire other people to help her care for and harvest the flowers.
Florinda wants to increase the size of her nursery later on. She also hopes to buy a car to help her transport large quantities of poinsettias to the towns where people order her flowers.
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.
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 Florinda Sanchez Andres to expand her farming business where she grows poinsettias. After receiving the loan from World Vision, she invested the $400 to buy soil, roots, pots, and manure.
Florinda has been successfully repaying her loan on time with her new profits. She makes weekly payments of $12.
In addition to repaying her loan, Florinda is using additional income to purchase fertilizer and expand the current business.
Thank you for supporting Florinda and World Vision Micro!
Florinda Sanchez andres has successfully repaid her small business loan. She invested the $400 for her agriculture business.
Thanks to the loan that she received, Florinda was able to use the profits from her business to buy supplies in bulk, purchase fertilizer and expand her current business. In the future, Florinda aspires to earn enough to expand her current business and take out another loan.
Thank you for investing in the power of hardworking people. These funds are now available to help other entrepreneurs in Florinda’s community.
