This loan is fully funded. Find more loans like this one!
Delia Cruz Magallon
Name:
Delia Cruz Magallon
City:
Ometepec, Guerrero
Country:
Mexico
Activity:
Making and selling tortillas
Loan Use:
To buy raw materials like maize (corn) to make tortillas
Entrepreneur Profile
Delia has been the only tortilla maker and seller in her town for years, yet can't quite draw enough business to be self-sustaining.
She first made tortillas by hand, now has a mixer and mill, and her husband (a subsistence farmer) and some of her 10 sons help out too. A loan to buy maize and other supplies at a better rate would be the boost she needs to get over the hump and make the business stable by increasing production capacity and sales, and provide a better life for her family.
Delia, 60, lives with her husband and three of her sons in a little town called “Vistahermosa” (Beautiful view), in a mud house with a tile roof.
Mid-Term Update - July 04, 2010
We apologize for the delay in your promised mid-term report. When we reviewed the repayment status of your loan, it became apparent that your mid-term report had somehow slipped through the cracks. While World Vision has been giving microloans to the enterprising poor for over 20 years, Micro is a brand-new program. Our field staff has received updated training regarding the importance of prompt reporting back to donors, and you should be receiving an update soon.
Please let me assure you that what happened in this case is not typical of World Vision or Micro. We continue to be committed to providing you and all of our donors with consistent high-quality feedback. If you have any questions please do not hesitate to contact us at 1-888-511-6444 or by email at http://www.worldvisionmicro.org/pages/contact. Thank you for your continued support!
Community Photos
Entrepreneur Location
Local Community
The small community of Rio Santa Catarina, which derives its name from a local river, has a mountainous terrain and warm climate. Economic opportunities in this community are diverse as a result of its close proximity to the growing city of Ometepec.
In Rio Santa Catarina, World Vision is assisting farmers with production and marketing; educating families on disaster preparedness; and working to improve education through tutoring and teacher training. We are also providing healthcare services, nutritional training, and housing assistance.
Learn more about microfinance in Mexico
Donors funding this loan
Lisa
Deborah
Giovanna
Lisa
Barbara
Charis
Anonymous
Christy
Jody