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Pilar C

Pilar is from Mexico. She has 5 children. She needs a loan of $325 to buy material like threads, jewels, needles, hoops, and yarn.

Services
Community:
Crescencio Morales
Country:
Mexico
other entrepreneurs here Mexico

Summary

Pilar is from Mexico. She has 5 children. She needs a loan of $325 to buy material like threads, jewels, needles, hoops, and yarn.

  • Top Goals To buy material like threads, jewels, needles, hoops...
  • Children Helped 5

Pilar's Story

Pilar sews craft items like napkins, cushions, decorating folders, and woven blankets. She runs her tailoring business to help her husband with household expenses.

They usually manage to get by, but when the children become sick, Pilar must buy medicine and can no longer afford to invest in more materials for her sewing projects. She needs a loan to buy more materials like threads, jewels, needles, hoops, and yarn.

Pilar has five children ranging in age from four to thirteen. When Pilar has the materials to begin sewing crafts again, she will be able to provide a better quality of life for her children. She will also be able to save extra money for emergencies.

Someday, Pilar hopes to enter the sheep-selling business. Her friends have advised her to try it out because sheep are easy to breed and sell, so they would be a good investment.

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Industry Info

In areas where the poor live alongside the more affluent, businesses in the service sector can be very successful. Services include flower cultivation, tailoring/sewing, transportation, repair work, beauty salons and barber shops, and restaurants. Loans are needed to begin, expand, or sustain business with tools and supplies. Loans given to entrepreneurs in the service sector account for around 7% of our loans.

Pilar'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.

Pilar's Mid Term Update July 30, 2012

Thank you for supporting a small business loan for Pilar Cruz Mondragon to expand her services and tailoring/sewing business.

After receiving the loan from World Vision, she invested the $325 to buy material like threads, jewels, needles, hoops, and yarn.

Pilar has been repaying her loan on time with her new profits. She makes weekly payments of $13.

In addition to repaying her loan, Pilar is using additional income to buy supplies in bulk and expand the current business.

Pilar's 5 children continue to study in school.

Thank you for supporting Pilar and World Vision Micro!

Pilar's Final Update October 22, 2012

Thank you for supporting the small loan for Pilar Cruz Mondragon to improve her craftwork sewing business. She invested her loan of $325 to buy material like threads, jewels, needles, hoops, and yarn.

Pilar has now repaid her loan in full. In addition to repaying her loan, Pilar has used her additional income to buy supplies in bulk and expand her current business.

Pilar's 5 children continue to study in school.

The loan Pilar received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Pilar hopes to expand her current business and take out another loan.

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

Total Amount
$325

Amount raised

$325
$325
100%

Help Pilar

2 Donors

  • Roddy
    May 06, 2012
    Contributed to 34 other loans
  • Maggie
    May 07, 2012
    Contributed to 14 other loans

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