Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Angel is from Mexico. He has 3 children. He needs a loan of $325 to purchase a tile cutter and other tools.
Angel makes a living by building tile floors in his own community and in Mexico City. He has been involved in this business for twenty years, and his wife Griselda supplements the family income by making and selling handicrafts. He faces the challenge of having to rent tools for some jobs, because the tools he owns are inadequate. He wants to make his business more profitable so he can support his wife’s business too and make a better life for his family.
With a loan from World Vision, Angel will be able to purchase a tile cutter and other tools. The additional income he will earn from this improvement will help him to provide nutritious food and other basic necessities for his three children: Eleazar (12), Rodrigo (8), and Uriel (6). In the future, he plans to continue to invest in his business, and to purchase the supplies necessary for his wife to expand and improve her business.
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.
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 Angel Garcia Rafael to expand his services and manufacturing business where he builds tile floors.
After receiving the loan from World Vision, he invested the $325 to purchase a tile cutter and other tools.
Angel has been repaying his loan on time with his new profits. He makes weekly payments of $16. In addition to repaying his loan, Angel is using his additional income to buy supplies in bulk, purchase fertilizer, and expand the current business. Angel's 3 children continue to study in school.
Thank you for supporting Angel and World Vision Micro!
Thank you for supporting the small loan for Angel Garcia Rafael to improve his tile floor installing business. He invested his loan of $325 to purchase a tile cutter and other tools.
Angel has now repaid his loan in full. In addition to repaying his loan, Angel has used his additional income to expand his current business and purchase equipment.
Angel's 3 children continue to study in school.
The loan Angel received helped his business expand and the profits he is earning is creating lasting improvements in his life. In the future Angel hopes to expand the current business and take out another loan.
Thank you for your support of Angel and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.