Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
READ MORE…
Priscila is from Mexico. She has 3 children. She needs a loan of $400 to buy produce and materials for sewing.
Priscila is from Mexico. She has 3 children. She needs a loan of $400 to buy produce and materials for sewing.
Priscila works hard in many different businesses to provide for her family. When Priscila was young, she began working as a maid in Mexico City to earn some extra money. Then she taught herself to sew simply by watching other women sew. Now Priscila plans to open another business selling produce so that she can increase her income.
Priscila needs a loan from World Vision to start her business selling seasonal fruits and vegetables. She will invest in seeds for avocados, plums, peaches, peppers, apples, cherries, squash, and pumpkins.
She also plans to continue expanding her tailoring business, so she will use part of the loan to buy yarn, thread, needles, and fabric. Priscila will use these supplies to make napkins, cushions, tablecloths, decorations, and folders.
Priscila and her husband have three children, and the increased income will help her give her children a better quality of life. Her goal is to sell fruits and vegetables in many different markets in the area.
She is going to save some of her income to continue investing in her produce business so that her neighbors do not have to travel to other communities to buy the fruits and vegetables they need.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs begin with stalls at markets or even at home and need a loan to expand or increase their inventory. Others may be ready to open a small store. Goods purchased from loan funds range from clothing, grocery or sundry items to jewelry, candy, perfume or health and beauty supplies. Loans in the commerce sector account for around 33% of our loans.
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 Priscila Salazar Alvarez to expand her food, grocery and tailoring/sewing business.
After receiving the loan from World Vision, she invested the $400 to buy produce and materials for sewing.
Priscila has been repaying her loan on time with her new profits. She makes weekly payments of $16.
In addition to repaying her loan, Priscila is using additional income to buy supplies in bulk and expand the current business.
Priscila's 3 children continue to study in school.
Thank you for supporting Priscila and World Vision Micro!
Thank you for supporting the small loan for Priscila Salazar Alvarez to improve her fruit and tailoring/sewing business. She invested her loan of $400 to buy produce and materials for sewing.
Priscila has now repaid her loan in full. In addition to repaying her loan, Priscila has used her additional income to buy supplies in bulk and expand her current business.
Priscila's 3 children continue to study in school.
The loan Priscila received helped her business expand and the profits she is earning create lasting improvements in her life. In the future Priscila hopes to expand her current business and take out another loan.
Thank you for your support of Priscila and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
