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Norma Antonia is from Mexico. She has 1 child. She needs a loan of $400 to buy sheep and food.
Norma Antonia is from Mexico. She has 1 child. She needs a loan of $400 to buy sheep and food.
Norma is 23 years old and is married to Enrique. Enrique just returned from working in the United States to be closer to his family. He now works as a builder in Mexico City. They have a little girl called Estrella who is 4 years old. Norma has been selling sheep for over 3 years. She started doing this as a way to earn some extra money to help out her husband with some of their expenses. Her main challenge is keeping her sheep warm and healthy during the winter.
She is asking for a loan to buy sheep and turkeys to sell during the holidays. The animals will provide a stable source of income with which she can support her daughter. Norma wants to have a successful business so that she can help her husband with some of their household expenses. With her profits, she will buy more sheep and turkeys. The rest she will save up for emergencies.
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 Norma Antonia Rojas Celestino to expand her farming and livestock business where she sells sheep and turkeys.
After receiving the loan from World Vision, she invested the $400 to buy sheep and food.
Norma Antonia has been repaying her loan on time with her new profits. She makes weekly payments of $16.
In addition to repaying her loan, Norma Antonia is using additional income to purchase food for the animals, purchase fertilizer, and expand the current business. Norma Antonia's child continues to study in school.
Norma said that she saw an increase in sales during the holiday season, and she used the profits to invest in more sheep.
Thank you for supporting Norma Antonia and World Vision Micro!
Thank you for supporting the small business loan for Norma Antonia Rojas Celestino to improve her farming and livestock business. She invested her loan of $400 to buy sheep and food.
Norma Antonia has now repaid her loan in full. In addition to repaying her loan, Norma Antonia has used her additional income to purchase food for the animals and expand the current business. Norma Antonia's 1 child continues to study in school.
The loan Norma Antonia received helped her business expand, and the profits she is now earning create lasting improvements in her life. In the future, Norma Antonia hopes to expand the current business, take out another loan, and purchase more livestock.
Norma Antonia says that she is very happy because she has a greater variety of animals. She is saving up her earnings to buy a milk cow.
Norma Antonia 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 Norma Antonia and World Vision Micro!