Microfinance in Mexico
Mexico
Quick Country Facts
- Capital:
- Mexico City
- Population:
- 111.2 million
- Land Mass:
- 742,485 sq. miles
- Life Expectancy:
- 76 years
- Infant Mortality Rate:
- 18/1,000
- Literacy Rate:
- 91.4%
- School Enrollment:
- 98%
- Access to Safe Water:
- 97%
- Average Annual Income:
- US $7,310
- (GNI per capita)
Statistics
More information on Mexico
Mexico is a rich mix of cultures. Many entrepreneurs have descended from the Mayans, Aztecs, or other Native Americans. Others are mestizo, with mixed Spanish and Native ancestry. Most Mexicans speak Spanish, the country's official language. Mexicans honor their past, their brave heroes, and the land of their ancestors.
More than likely, your entrepreneur's family maintains a strong tie to their community and lives in close proximity to aunts, uncles, and cousins. In Mexican culture, the family is a valuable commodity. The elderly are greatly respected and older relatives are cared for by their children and grandchildren.
In poorer communities, people commonly marry at a very young age and have many children. Parents view a large family as more hands for working. Children generally do not leave home until they marry, and with current economic struggles, it has become more common for married sons and daughters to move their families into their parents' homes.
Mexico City is one of the largest cities in the world. Twenty-two million people live in and around the urban center. On the surface, it offers luxury commercial, financial, and industrial facilities. But behind this, much of the population lives in poverty.
