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Martina Salazar

Start Date: September 28, 2009

Martina Salazar is from Zitacuaro, Michoacan, Mexico. She has 1 child. She needs a loan of $450 to purchase more products and thereby earn a better income.

Commerce
City:
Zitacuaro, Michoacan
Community:
Crescencio Morales ADP
Country:
Mexico
other entrepreneurs here Zitacuaro, Michoacan, Mexico

Summary

Martina Salazar is from Zitacuaro, Michoacan, Mexico. She has 1 child. She needs a loan of $450 to purchase more products and thereby earn a better income.

  • Top Goals To purchase more products and thereby earn a better...
  • Children Helped 1
  • Additional Jobs Created 1

Martina's Story

Martina is known in her community as an encouragement to women around her to succeed through their own business, since she has been keen to work and is an example to these women, showing them that with effort and dedication they can improve their quality of life. She's run a small grocery business for 10 years to pay for her daughter's studies, and also sells tamales, corundas and juices in the mornings.

She seeks a loan to purchase more products and thereby earn a better income.

She is a very happy and responsible person, and very enterprising. Martina's own great dream is to become a trader and be independent.

Martina was born on day 06 of December in the municipality of Ocampo, Michoacan, an area where you will find the Monarch Butterfly Sanctuary, where people know each other very well and enjoy a wonderful landscape.

Industry Info

Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur 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.

Summary

Martina Salazar is from Zitacuaro, Michoacan, Mexico. She has 1 child. She needs a loan of $450 to purchase more products and thereby earn a better income.

  • Top Goals To purchase more products and thereby earn a better...
  • Children Helped 1
  • Additional Jobs Created 1

Martina's Community

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.

Summary

Martina Salazar is from Zitacuaro, Michoacan, Mexico. She has 1 child. She needs a loan of $450 to purchase more products and thereby earn a better income.

  • Top Goals To purchase more products and thereby earn a better...
  • Children Helped 1
  • Additional Jobs Created 1

Martina's Mid Term Update July 02, 2010

We apologize for the delay in your promised mid-term report. When we reviewed the repayment status of your loan, it became apparent that your mid-term report had somehow slipped through the cracks. While World Vision has been giving microloans to the enterprising poor for over 20 years, Micro is a brand-new program. Our field staff has received updated training regarding the importance of prompt reporting back to donors, and you should be receiving an update soon.

Please let me assure you that what happened in this case is not typical of World Vision or Micro. We continue to be committed to providing you and all of our donors with consistent high-quality feedback. If you have any questions please do not hesitate to contact us at 1-888-511-6444 or by email at http://www.worldvisionmicro.org/pages/contact. Thank you for your continued support!

Martina's Final Update August 31, 2010

Martina

Martina Salazar used her loan to increase her merchandise supplies for her grocery store. She purchased: sugar, milk, soda, cookies, candies, and potato chips. She also decided that it would be a good idea to buy some cosmetic products to sell on the side.

Her business has gone very well for her and she says that she is content with Fundacion Realidad. She is very happy because with this credit has enabled her to support her family and to not feel so stressed about having money. She wants her daughter to finish going to high school. Her goal is to make her store bigger and her store is currently under construction.

Martina Salazar is known in her community as a very good person. She likes to invite other women to start-up their own businesses and talks to them about being responsible.

Martina has repaid her loan in full. These loan funds are now available to help another worthy entrepreneur in her community. Thank you for supporting Martina and World Vision Micro!

Total Amount
$450

Amount Raised To Date

$450
100%

Help Martina

8 Donors

  • Sara
    March 05, 2010
    Contributed to 6 other loans
  • Janet
    May 02, 2010
    Contributed to 0 other loans
  • Carolyn
    May 02, 2010
    Contributed to 3 other loans
  • Susan
    May 03, 2010
    Contributed to 0 other loans
  • Brianna
    May 03, 2010
    Contributed to 13 other loans
  • Frank
    May 03, 2010
    Contributed to 3 other loans
  • Stephanie
    May 04, 2010
    Contributed to 2 other loans
  • Debra
    May 04, 2010
    Contributed to 1 other loans

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