Your gift to help a hardworking entrepreneur will double in impact thanks to a generous World Vision partner.
Maria Blanca is from Mexico. She needs a loan of $325 to buy material to make her crafts, like colored threads, needles, ocoshal, soap, bleach, and a tub for washing the ocoshal.
Blanca makes crafts like napkin holders, jars, bread, and fruit baskets out of ocoshal leaves. She sells her crafts in Mexico City when her husband, Octavio, has a construction job there. She will use a loan from World Vision to buy more materials for making her crafts like colored threads, needles, ocoshal, soap, bleach, and a tub for washing the ocoshal.
Blanca and Octavio have a six-month-old boy, and Blanca is pregnant. Her craft-making business helps support the family, since Octavio's jobs working in the field and building are not enough to pay for household expenses.
Blanca will use the additional income to cover the birth expenses of her second child. She and her husband currently live with her mother-in-law, and while they get along well with her, Blanca hopes to save up enough for their own house someday. She would also like to have an avocado orchard.
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 Maria Blanca Lopez Martinez to expand her retail and services business where she makes crafts from ocoshal leaves.
After receiving the loan from World Vision, she invested the $325 to buy craft-making materials like colored threads, needles, ocoshal, soap, bleach, and a tub for washing the ocoshal. She has been selling them for a high profit now.
Maria Blanca has been repaying her loan on time with her new profits. She makes weekly payments of $16. In addition to repaying her loan, Maria Blanca is using her additional income to buy supplies in bulk, purchase fertilizer, and expand the current business. Maria Blanca's 1 child continues to study in school.
Thank you for supporting Maria Blanca and World Vision Micro!
Thank you for supporting the small loan for Maria Blanca Lopez Martinez to improve her craft making and retail business. She invested her loan of $325 to buy material to make her crafts, like colored threads, needles, ocoshal, soap, bleach, and a tub for washing the ocoshal.
Maria Blanca has now repaid her loan in full. In addition to repaying her loan, Maria Blanca has used her additional income to buy supplies in bulk and expand her current business.
Maria Blanca's child continues to study in school.
The loan Maria Blanca received helped her business expand and the profits she is earning is creating lasting improvements in her life. In the future Maria Blanca hopes to expand her current business and take out another loan.
Thank you for your support of Maria Blanca and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.