A loan of $1,025 helped a member to buy cast nets, nets and lumber to build a boat.

La Presa Group's story

This communal bank is called “La Presa” (The Dam) and is located in Palo Blanco in the Mexican state of Morelos. Its members are Daniela who will buy perfume, creams, makeup, lipsticks, etc., Agustina, who will buy net-like cloth to fish tilapia, Socorro who will buy oil, sugar, toilet paper, soup, soap, etc., Erisela who will buy catalogues to start selling shoes, Graciela who will buy sheep to raise and Anahí who will buy soft drinks at wholesale.

Agustina is 46 years old. She finished 4th graD.. She has a spouse and three daughters: Tania Lizbeth, 19, who is already employed, María Guadalupe, 14, who does not go to school and Alessandra Sofía, 9, who is in elementary school.

She sells tilapia and asked for the loan to buy circular cast nets, nets and lumber to build a boat. She started her business 20 years ago. Her husband learned by watching his companions fish and they’d lend him the boat and nets so he could fish. Thanks to much effort on her and his part they bought lumber to build a boat of their own and nets to work fishing tilapia.

She goes out using public collective transportation to the Tepalcingo and Axochiapan markets to sell the tilapia. Her business is important because thanks to it she has food to eat. She is proud to have an honorable occupation and that she has money. She sells out the tilapia she takes to sell because of its good flavor; she sells them alive and fresh. The challenges she faces in business is the weather because during times of heat the tilapia die and another challenge is competition because there are many other companions that also go to sell tilapia from other dams.

She will use profits to repay the loan, for food and for her daughter’s education. She hopes to build a bedroom for her daughters. The improvements she wants to accomplish are so that her daughters will grow and she will be able to proviD. the most possible so that they won’t desire things.

The group members want to say to Kiva and Fundación Realidad: “We are very grateful for the support you’ve given us with the loans and please continue to support us. With your help we can get ahead. Thank you very much for lending to us.”

In this group: Daniela, Socorro, Agustina, Erisela, Graciela, Anahi

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Translated from Spanish by Kiva volunteer Polliz

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