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Maria De La Paz Rivera Soto
Name:
Maria de la Paz Rivera Soto
City:
Zitacuaro
Country:
Mexico
Activity:
Growing and selling poinsettias
Loan Use:
To buy rubber to renovate her poinsettia greenhouse
Entrepreneur Profile
Maria de la Paz is an enterprising woman who has worked her way up from washing clothes when her husband couldn’t find work, to owning a greenhouse where she grows your Christmas poinsettias.
She seeks a loan to make improvements that will ensure her poinsettias grow with the right color, so they will sell for a good price. The same determination she has to grow vivid-looking poinsettias, is what brought her here from housecleaning and other odd jobs to owning a greenhouse to make sure her children didn’t lack when times were lean.
The beauty of Christmas takes a lot of work, but Maria de la Paz is willing to do the work to bring that beauty and, as her name says, peace to the season.
Mid-Term Update - February 14, 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 micro loans 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 don't hesitate to contact us at 1-888-511-6444 or by email at http://www.worldvisionmicro.org/pages/contact . And thank you for your continued support
Final Report - April 25, 2010
Maria used her loan to invest in her greenhouse and, as a result, had a very successful season. She has paid back her loan and is now reinvesting in her greenhouse. Maria is patient as she knows that her business needs time to grow.
She is grateful for the people who believe in her and would like to say thank you.
Community Photos
Entrepreneur Location
Local 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. Learn more about microfinance in Mexico
Donors funding this loan
Sherry
Barbara
Mary