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Martin L

Martin is from Mexico. He has 5 children. He needs a loan of $250 to buy a calf.

Agriculture/Animals
Community:
Crescencio Morales
Country:
Mexico
other entrepreneurs here Mexico

Summary

Martin is from Mexico. He has 5 children. He needs a loan of $250 to buy a calf.

  • Top Goals To buy a calf
  • Children Helped 5

Martin's Story

Martin raises sheep and cows, which he sells when they are fat. When he cannot sell livestock in his community, he has to go to Mexico City and work as a builder. He also works in the fields growing crops like wheat to feed his animals.

He would like to expand his herds so that he can work in his own community and have a steady source of income for his family. With a loan from World Vision, Martin will buy another calf and invest in good food for his animals. When Martin has a large flock of healthy sheep, he will be able to sell them whenever he has an emergency so that the family will never be without income.

Martin is married to Angelina, and they have five children to support. He will use the additional profit to provide a better quality of life for his children and pay for their education.

"Thank God I'm healthy and available to help my family and support them," Martin said. "That's all that matters."

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Industry Info

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.

Martin'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.

Martin's Mid Term Update September 10, 2012

Thank you for supporting a small business loan for Martin Lorenzo garcia to expand his farming and livestock business. After receiving the loan from World Vision, he invested the $250 to buy a calf. Martin has been repaying his loan on time with his new profits. He makes weekly payments of $7.

In addition to repaying his loan, Martin is using additional income to purchase food for the animals and expand the current business. Martin's 5 children continue to study in school.

Thank you for supporting Martin and World Vision Micro!

Martin's Final Update December 31, 2012

Thank you for supporting the business loan for Martin Lorenzo Garcia to improve his livestock business. He invested his loan of $250 to buy a calf.

Martin has now repaid his loan in full.

In addition to repaying his loan, Martin has used his income to purchase food for his animals and improve his current business.

Martin's five children continue to study in school.

The loan Martin received helped his business expand and the profits he is earning create lasting improvements in his life. In the future Martin hopes to expand the business and take out another loan.

Thank you for your support of Martin and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.

Total Amount
$250

Amount raised

$250
$250
100%

Help Martin

6 Donors

  • Patricia
    May 17, 2012
    Contributed to 39 other loans
  • Anne
    May 17, 2012
    Contributed to 39 other loans
  • Rakesh
    May 17, 2012
    Contributed to 5 other loans
  • Lisa
    May 18, 2012
    Contributed to 43 other loans
  • Greg
    May 21, 2012
    Contributed to 4 other loans
  • Kyle
    May 21, 2012
    Contributed to 5 other loans

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