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Nicolasa is from Mexico. She has 4 children. She needs a loan of $425 She will invest the loan in the purchase of food for the sheep and she will buy more sheep.
Nicolasa is a sheep farmer. She gets up early to feed the sheep on a small piece of land where she and her husband grow grass for their animals. She also grows wheat. The animals fatten quickly and Nicolasa sells them.
A mother of four children, Nicolasa would like a loan so that she can purchase more sheep and food for sheep. By increasing her animal stock, she can increase her income. Nicolasa could improve her family's quality of life and help pay for children's education.
Nicolasa's goal is to have more sheep and to purchase two cows for sale in her community. She also wants to improve the animal corral. She is a hard worker and is in good health, something that is very important to her.
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.
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.
Thank you for supporting a small business loan for Nicolasa Castro Salgado to expand her livestock business where she breeds sheep.
After receiving the loan from World Vision, she invested the $425 to purchase more sheep and also buy food for the sheep.
Nicolasa has been repaying her loan on time with her new profits. She makes weekly payments of $13.
In addition to repaying her loan, Nicolasa is using additional income to purchase food for the animals and expand the current business. Nicolasa's 4 children continue to study in school.
Thank you for supporting Nicolasa and World Vision Micro!
Thank you for supporting the small business loan for Nicolasa Castro Salgado to improve her livestock business. She invested her loan of $425 to purchase sheep food and more sheep.
Nicolasa has now repaid her loan in full. In addition to repaying her loan, Nicolasa has used her additional income to purchase food for the animals and expand her current business. Nicolasa's 4 children continue to study in school.
Thanks to the loan, Nicolasa was able not only to purchase more sheep but also to keep them in better living conditions. Because of the profits that Nicolasa has made, she can now provide her children with a better quality of life.
The loan Nicolasa received helped her business expand, and the profits she is now earning create lasting improvements in her life. In the future, Nicolasa hopes to expand her current business, take out another loan, and purchase more livestock.
Nicolasa 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 Nicolasa and World Vision Micro!