Pedro Eduarte Torres is from San Nicolas La Cienega, Mexico. He needs a loan of $500 to buy more chickens to breed and sell.
Pedro Eduarte Torres is from San Nicolas La Cienega, Mexico. He needs a loan of $500 to buy more chickens to breed and sell.
Mr. Pedro Eduarte Torres lives in San Nicolas Guadalupe with his wife. He loves living here because he says that he gets along marvelously with all of his neighbors and everyone treats him well. He lives in a house made out of earth, which has seven rooms total.
He says that although he considers himself to have a decent lifestyle overall, he would like to be able to improve his quality of life because sometimes he does not have enough money. He would like your support with this loan so that he is able to buy more chickens to breed and then sell. Right now he only has a few chickens in a small chicken coop. He says that giving him a loan would benefit his community as well because he would be able to provide jobs for other people. His grown children are also willing to help him with selling his chickens from their truck.
Pedro is grateful for your help.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs entrepreneur 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.
Pedro Eduarte Torres is from San Nicolas La Cienega, Mexico. He needs a loan of $500 to buy more chickens to breed and sell.
Home to a primarily ethnic Mazahua population, the community of Najhé is located in a mountainous region in northeastern Mexico State. The climate is sub-humid, but temperatures are typically cool due to the region’s high elevation. Windstorms are common during the early spring, followed by heavy rains in the summer and frost in the winter.
Women in Najhé continue to wear typical Mazahua dress, and some community members uphold traditional artisan practices, producing pottery, woodwork, and crafts made of wool. The primary economic activity is agriculture. Squash, beans, and fruit are grown for consumption, while corn is grown both to eat and to sell.
World Vision’s work in Najhé includes agricultural assistance to improve nutrition and family incomes; vocational training and tutoring sessions; and self-esteem workshops. We are also working to improve health conditions by training volunteers who can educate community members and by providing housing materials that will contribute to better living environments.
Pedro Eduarte Torres is from San Nicolas La Cienega, Mexico. He needs a loan of $500 to buy more chickens to breed and sell.
Mr. Pedro has invested his loan through the purchase of chickens, and he continues investing.
He sells chicken to his clients, and with the profits he buys more chickens. Now he has purchased some hens, and he uses the eggs that they lay for his own family needs.
He has never fallen behind on his loan payments.
He says that he has not experienced any losses in his business because none of the chickens have died. He usually sells them in three days, and uses his profits to invest again.
Mr. Pedro is grateful for the loan, and he hopes to be able to make the payments each month. He wants to manage the money well and to generate better profits. He's happy because now he has something of his own.
Mr. Pedro says that his business has improved a lot. When he first started, he only had a few chickens. Now he has a lot of them, so he fattens them and sells them. He also has hens, which means that he can now include eggs as one of his product offerings.
He says that he now has a better life, and that he has enough to cover his own personal needs.
He can now get ahead in life because of the sales of chickens, hens, and eggs. He has enough to make his loan payments, and to cover his and his wife's needs in the house. He also has money to buy fertilizer for the production of maize, which is something that he also does.
He is very grateful for the support because the loan has benefited him and his family. This has also allowed him and his wife to have their personal needs met, and they are saving for the future when they'll be older and won't be able to work. That's when they will need to rest.
His goal is to expand his business. He wants to have a good life when he and his wife are older, and he doesn’t want to have any concerns about money when they retire. He wants to be able to rest. That‘s why he needs the loan, and he wants to work hard now that he is able and has the strength.
Thank you for supporting Mr. Pedro and World Vision Micro!