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Julia is from Mexico. She needs a loan of $400 to buy livestock and supplies to make crafts.
Julia is from Mexico. She needs a loan of $400 to buy livestock and supplies to make crafts.
Julia, 60, sells livestock and crafts in Fresno Nichi, Mexico. She buys sheep, donkeys, chickens, and other animals when they are young and raises them until she can get a good price for them. She also embroiders napkins, which she sells in Mexico City.
She recently sold all her livestock, and a loan from World Vision will help her buy more animals. She also will be able to purchase more material, thread, and needles so she can continue her crafts business.
Julia is 60 years old, and her age has made it difficult for her to get a job, so she wants to invest in her livestock business. Her husband, Juan, is a mason, and also has had difficulty finding work because of his age.
Julia will use her increased income to buy basic goods and food for herself and Juan.
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.
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 Julia Leonardo Alcantara to expand her livestock and tailoring/sewing business where she sells livestock and embroiders handkerchiefs.
After receiving the loan from World Vision, she invested the $400 to buy livestock and supplies for sewing crafts.
Julia has been repaying her loan on time with her new profits. She makes weekly payments of $23. In addition to repaying her loan, Julia is using her additional income to purchase food for the animals, purchase food for her family, and expand the current business.
She has not yet seen raised profits from her livestock business since she is still fattening her animals, but she knows that soon she will be ready to sell the animals and receive her increased income.
Thank you for supporting Julia and World Vision Micro!
Thank you for supporting the small loan for Julia Leonardo Alcantara to improve her livestock and tailoring/sewing business. She invested her loan of $400 to buy livestock and supplies to make crafts.
Julia has now repaid her loan in full. In addition to repaying her loan, Julia has used her additional income to purchase food for the family and expand the current business.
The loan Julia received helped her business expand, and the profits she is earning create lasting improvements in her life. In the future, Julia hopes to repair or expand their home and expand the current business.
Julia has repaid her loan in full, 100%. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Julia and World Vision Micro!
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