Lightbox_close_button

Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.

READ MORE…

This loan is fully funded. Search for similar loans.

Carmen G

Carmen is from Mexico. She has 2 children. She needs a loan of $250 to buy stud sheep.

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

Summary

Carmen is from Mexico. She has 2 children. She needs a loan of $250 to buy stud sheep.

  • Top Goals To buy stud sheep
  • Children Helped 2

Carmen's Story

Carmen has a small business selling turkey, sheep, and corn. She started this business ten years ago to help her husband with household expenses. She sells most of her animals to members of her community, although when she has a large flock of turkeys she will travel to sell them in other towns' markets.

Carmen works extra hard during cold seasons, when her animals are susceptible to sickness. She must keep them from dying so that she does not lose the money that she invested in them.

Carmen will use a loan from World Vision to buy stud sheep. This will expand her flock and help her have a stable source of income. Carmen plans to save part of her income to keep investing in her business and to save up for emergencies.

She has two children still living at home; they are both in high school. As her income increases, she will be able to provide them with a better quality of life and continue to pay for their education.

Carmen’s long-term goal is to buy pigs as well so that she can sell three different kinds of animals to her neighbors.

Download PDF

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.

Carmen'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.

Carmen's Final Update December 22, 2012

Carmen

Thank you for supporting the small loan for Carmen Garcia Cruz to improve her farming and livestock business. She invested her loan of $250 to buy stud sheep.

Carmen has now repaid her loan in full. She used her additional income to purchase food for her turkeys and sheep and to buy supplies in bulk. She also used it to provide food and other daily necessities for her family.

Carmen's 2 children continue to study in high school.

The profits she is earning create lasting improvements in her life. In the future Carmen hopes to take out another loan and purchase some pigs to raise.

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

Total Amount
$250

Amount raised

$250
$250
100%

Help Carmen

4 Donors

  • Kelsey
    May 06, 2012
    Contributed to 0 other loans
  • James
    May 11, 2012
    Contributed to 43 other loans
  • Charles
    May 11, 2012
    Contributed to 2 other loans
  • Bobby
    May 12, 2012
    Contributed to 50 other loans

Similar Opportunities