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Maria magnolia E

Maria Magnolia is from Mexico. She has 2 children. She needs a loan of $250 to buy pigs and their food.

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

Summary

Maria Magnolia is from Mexico. She has 2 children. She needs a loan of $250 to buy pigs and their food.

  • Top Goals To buy pigs and their food
  • Children Helped 2

Maria Magnolia's Story

Magnolia is 30 years old and married to Antonio, who works as a builder in Mexico City. They have two children in elementary school. Magnolia raises and sells pigs for a living and has been doing this for two years now. When the pigs are big and fat she sells them to her neighbors, and her husband sometimes sells them in their community, according to their weight. She makes most of her profits during certain times of the year.

Magnolia hopes to expand her business and needs a loan to buy more pigs for selling season. With a loan from World Vision she will be able to buy three more pigs and their food. With the profits she earns she will be able to better provide for her children and improve their quality of life. She will also be able to keep buying and selling pigs.

In the future, Magnolia hopes to raise sheep and turkeys as well. She says that they are also a great deal and that they are easier to raise than pigs.

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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.

Maria Magnolia'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.

Maria Magnolia's Mid Term Update August 07, 2012

Thank you for supporting a small business loan for Maria Magnolia Esquivel Venegas to expand her farming and livestock business where she sells pigs.

After receiving the loan from World Vision, she invested the $250 to buy pigs and their food. She is happy because her pigs have been growing quite large, and soon she will be ready to sell them for a good price.

Maria Magnolia has been repaying her loan on time with her new profits. She makes weekly payments of $12. In addition to repaying her loan, Maria Magnolia is using her additional income to purchase food for the animals and expand the current business. Maria Magnolia's 2 children continue to study in school.

Thank you for supporting Maria Magnolia and World Vision Micro!

Maria Magnolia's Final Update October 16, 2012

Thank you for supporting the small loan for Maria Magnolia Esquivel Venegas to improve her livestock business. She invested her loan of $250 to buy pigs and their food.

Maria Magnolia has now repaid her loan in full. In addition to repaying her loan, Maria Magnolia has used her additional income to purchase food for the animals, buy supplies in bulk, and expand her current business.

Maria Magnolia's 2 children continue to study in school.

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

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

Total Amount
$250

Amount raised

$250
$250
100%

Help Maria Magnolia

7 Donors

  • Linda
    May 22, 2012
    Contributed to 34 other loans
  • Colleen
    May 22, 2012
    Contributed to 36 other loans
  • Tricia
    May 22, 2012
    Contributed to 25 other loans
  • Carol
    May 22, 2012
    Contributed to 22 other loans
  • Tiffany
    May 22, 2012
    Contributed to 26 other loans
  • Susan
    May 22, 2012
    Contributed to 1 other loans
  • Heather
    May 28, 2012
    Contributed to 3 other loans

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