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Irene is from Mexico. She has 6 children. She needs a loan of $850 to purchase more sheep and feed.
Irene is from Mexico. She has 6 children. She needs a loan of $850 to purchase more sheep and feed.
Irene lives in the community of Dolores Hidalgo. She is 46 years old and owns her house. She has six children, three of whom are married. The other three live with her, one is in high school and the other two are in middle school. Irene says it hasn't been easy to support her children and that her expenses are many. Irene works taking care of sheep, chickens, and turkeys to earn money and pay for the household expenses, although her income isn't enough.
Irene says the hardest part is that she would like to expand her business, yet has no money to invest in more animals, which sell very well. Thus, she has requested a loan from World Vision and believes that this is an opportunity to progress and thrive. A loan will help Irene purchase of more animals. Moreover, she'll get a better price if she buys a large number of animals at once.
Irene's goal is to pay for her children's education and to continue her repayments to World Vision. She intends to use her profits to pay for the clothes, shoes, and school expenses of her children.
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.
Mrs. Irene Villada invested her loan in the purchase of sheep to breed them and fatten them. The loan was a great aid because she could purchase the number of animals she wanted for a good price. Without the loan, she wouldn't have made the deal.
Mrs. Irene says the loan helped her improve the business conditions. For example, she purchased 5 female sheep and 3 males. These animals can assure her an offspring and, therefore, increase her profits.
Mrs. Irene is right on schedule with her loan payments. She is always punctual and she doesn't want to disappoint her group or the foundation.
Mrs. Irene says she has had success in her sheep business, because she has been able to recover her investment and make a profit.
Mrs. Irene wants to say thanks because her business is doing very well.
Mrs. Irene says her business improved significantly. She has sold some of her sheep to pay for the loan. She is waiting for her sheep to reproduce and multiply.
Mrs. Irene thinks that, in order to improve her quality of life, she has to work harder; time will tell. Right now, she expects the sheep will breed so she only has to invest in feed.
Mrs. Irene finished paying for the loan. She says she would like to renew her credit to purchase more animals and see how it goes. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Mrs. Irene and World Vision Micro!
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