Venancio Ramirez Mondragon is from Zitacuaro, Michoacan, Mexico. He needs a loan of $175 to buy raw materials like wood, nails, glue, etc.
Venancio Ramirez Mondragon is from Zitacuaro, Michoacan, Mexico. He needs a loan of $175 to buy raw materials like wood, nails, glue, etc.
Mr. Venancio is hard working, he worked in Mexico City and he did very well until he got sick and his sons turned their backs on him. He had a shop with his children and they took all the goods and left him with nothing.
Knowing that he had no support from anyone, he took a course given by the small school in Zitacurao, where he learned carpentry.
He is carpenter, and he works very hard everyday to have a better life, he needs a loan to buy raw materials like wood, nails, glue, etc. He expects to succeed in his business, he is able to make roof repairs and other carpentry work. He knows that to achieve this it will require much work and effort, and this is precisely what he will do.
Mr. Venacio lives in a town called Francisco Serrado.
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.
Venancio Ramirez Mondragon is from Zitacuaro, Michoacan, Mexico. He needs a loan of $175 to buy raw materials like wood, nails, glue, etc.
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.
Venancio Ramirez Mondragon is from Zitacuaro, Michoacan, Mexico. He needs a loan of $175 to buy raw materials like wood, nails, glue, etc.
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 don't 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!
Venancio used his loan to buy tools for his carpentry shop, such as a saw and measuring tools. He has been able to sell some merchandise, such as chairs and a table that he made. He says that his business is not going quite as well as he had hoped. He is worried that the people who he made some of his merchandise for are going to have problems paying him for his work. There have also been some problems during the rainy season as it makes it very difficult to work. Nevertheless, he and his wife consider themselves to be lucky that the rain did not wash their house away like what happened to some of their neighbors in surrounding communities. Venancio repaid his loan in full and continues to work hard to provide for his family and his future.
