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Urbano is from Mexico. He needs a loan of $250 to breed pigs .
Urbano is from Mexico. He needs a loan of $250 to breed pigs .
Urbano lives in the community of Mixtla de Altamirano, in the state of Veracruz. He needs economic support to breed pigs. He has worked before in this line of business and he earned a good income. Urbano found it was an activity where he could apply his knowledge.
Marketing his business and feeding the pigs are challenges Urbano faces. He is asking for a loan to purchase more pigs and pig feed. Urbano imagines his business as a provider of a high quality product. He wants to offer his pigs at the best price so that he becomes a recognized meat merchant.
With the earnings of his sales, he will provide his family with improved living conditions. Urbano knows that he will have to work many hours in the beginning to establish his business but eventually the hours will decrease so that he can spend more time with his family.
Retail is a quick and scalable way to begin earning a profit. Many entrepreneurs 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.
There is no community update available at this time.
Thank you for supporting a small business loan for Urbano Temoxtle Acatzihua to expand his livestock business where he breeds pig. After receiving the loan from World Vision, he invested the $250 into his business.
Urbano has been successfully repaying his loan on time with his new profits. He makes weekly payments of $10.
In addition to repaying his loan, Urbano is using additional income to purchase food for the animals and puty food for the family. Urbano's four children continue to study in school.
Thank you for supporting Urbano and World Vision Micro!
Thank you for supporting the small loan for Urbano Temoxtle Acatzihua to improve his livestock business. He invested his loan of $250 to breed pigs.
Urbano has now repaid his loan in full. In addition to repaying his loan, Urbano has used his additional income to purchase food for his family, purchase school supplies and expand his current business.
Urbano's four children continue to study in school.
The loan Urbano received helped his business expand and the profits he is earning is creating lasting improvements in his life. In the future Urbano hopes to send his children to school and expand his current business.
Thank you for your support of Urbano and World Vision Micro. These funds are now being recycled to support another eager entrepreneur in the same community.
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