Mexico is still very much a society of small entrepreneurs; the corner shop tiendita, the local garage and tire shop, a welder’s workshop, a food stall, the hair salon, a local laundry and so many more family businesses make up the micro economy of the neighbourhoods.

So little is needed to make a big change and help someone to start a small business, buy tools or equipment, buy the first inventory for a little store, make that initial investment to begin a new venture.

Manuel and his family

Manuel and his family

Compassionet Impact Development Canada has loaned money to set-up a neighbourhood hair salon, to buy printing equipment, and this year helped Manuel to set-up his small business selling souvenirs in the hotels in Puerto Vallarta. Sometimes the loan is augmented with a grant to minimize the debt of the new business and help it grow faster so the family can begin to see benefit.

Sometimes the loan is augmented with a grant to minimize the debt of the new business and help it grow faster so the family can begin to see benefit.