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Gregorio is from Mexico. He needs a loan of $350 to purchase gravel, sand and cement .
Gregorio is from Mexico. He needs a loan of $350 to purchase gravel, sand and cement .
Gregorio is a day laborer, skilled in the craft of brick making. With a loan from World Vision, Gregorio will be able to purchase sand, gravel, cement, wood, and other materials he needs to begin a brick manufacturing business. He has many plans for improving life for his family and community with the income generated from his new business.
Gregorio is forty nine years old, married, and has four children. He and his wife currently have one six year old child and his mother-in-law living at home. An investment in Gregorio’s loan will help him provide a better life for his family. In the future, Gregario has many plans to help his family, his business, and his community. He plans to build a brick addition to his wooden house for his mother-in-law. He wants to save money to purchase a truck to transport the bricks he will sell. By expanding his business, Gregorio plans to provide jobs in his factory to people in his community.
Entrepreneurs with specialized skills can apply for a loan in the manufacturing sector. Examples of businesses in the manufacturing sector are making and selling clothes, shoes, machine parts, baskets…the list goes on. These savvy entrepreneurs see the opportunity in their community and, with the help of a loan and their unique talents, can establish their niche. Only 3% of our loans are in the manufacturing 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.
Mr. Gregorio used the loan to purchase sand and cement, and to fix the electrical wiring.
Mr. Gregori says he has been doing very well. He has several pending brick orders and he is already working on them. He sold the first batch to his son so he could start building his house. His son congratulated him on the bricks because they were very good. Mr. Gregorio is very happy because he is making his dream come true.
Mr. Gregorio is right in schedule with his loan payments because he is a responsible person and he always pays on time.
One of the challenges he faces is that, sometimes, the electricity fails because the wiring is not suited for the type of work he does. So, he has to install special wiring in order to put his brick machine to work. He is very grateful for the loan!
Mr. Gregorio says the loan is helping his business grow. He has received several orders, and that allows him to give his family a better quality of life. Also, he doesn't have to look for a job outside his community.
He is using his own bricks to build a new room for his mother, so she can be protected from the weather changes and won't get sick. Plus, he has been able to give jobs to some of his neighbors, so they can support their families too.
Mr. Gregorio paid for the loan. The loan funds are now available for another entrepreneur in his community. Thank you for supporting Mr. Gregorio and World Vision Micro!
Mr. Gregorio says, "I'm grateful to the Foundation, because now my business is prospering."
Mr. Gregorio is planning on purchasing a truck to transport his product to other communities. Right now he uses animals to do it.
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