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Placida is from Mexico. She needs a loan of $550 to buy 4 sheep.
Placida is from Mexico. She needs a loan of $550 to buy 4 sheep.
Mrs. Placida is a hardworking 54 year old woman. She is married to Felix, a builder. She has worked raising and selling sheep for the past 23 years. She has not encountered many problems except for the challenge of keeping her sheep healthy when the weather is cold. She often has to take them to the veterinarian.
She is asking for a loan to buy 3 sheep and corn to feed them with. Right now, there is a shortage of corn so it is very expensive. Placida plans to fix up her farmyard so that the sheep have shelter when the weather is cold or when it is raining. This will help them to stay healthy. She also needs to repair her house. Because of the damp air, the paint is coming off.
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.
Thank you for supporting a small business loan for Placida Cruz Pina to expand her farming and livestock business where she raises sheep.
After receiving the loan from World Vision, she invested the $550 to buy 4 sheep.
Placida has been repaying her loan on time with her new profits. She makes weekly payments of $68.
In addition to repaying her loan, Placida is using additional income to purchase food for the family and expand the current business.
Thank you for supporting Placida and World Vision Micro!
Thank you for supporting the small business loan for Placida Cruz Pina to improve her farming and livestock business. She invested her loan of $550 to buy 4 sheep.
Placida has now repaid her loan in full. In addition to repaying her loan, Placida has used her additional income to purchase food for the family and expand the current business.
The loan Placida received helped her business expand and the profits she is now earning create lasting improvements in her life. In the future Placida hopes to take out another loan and purchase livestock.
Mrs Placida continues raising and selling her sheep. She is very grateful for your support.
Thank you for your support of Placida and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.