A loan of $6,150 helped a member to purchase construction materials for her business.

Jazmín Group's story

The members of “Jazmín” group chose this name because in the house where they gather to talk about their loans there is a beautiful picture of jasmine flowers. The group is composed of hard-working women; all of whom run trade businesses and they all requested a loan to invest in their activities.

Florentina will buy maize to keep preparing tortillas, Margarita will invest in her tailor’s shop, Maribel will buy bed sheets and quilts to sell, Jazmín will buy chicken and turkeys to raise, Lizbeth Crisostomos will buy young turkeys, María Elena, Rosalía and Lizbeth will buy sheep, Antonia chicken and turkeys, Ma Maura will buy underware, Leticia, Mirna and Beatriz will buy clothes, Mayra will invest in her beauty salon and Alicia will invest in her business of building material.

Alicia is 56 years old, she lost her husband some time ago and she no longer has any under-age children depending on her. She used to live in Mexico City, but now she is living in a community in the State of Mexico. Her husband was the one who began the building material business in 1983 because she worked as a brick layer and he had a lot of experience related to this type of products such as cement, lime, metal oil, bricks, etc. Alicia is requesting a new loan to buy all the material she still needs to restock the store. Alicia already has a supplier who offers a better price if she buys a larger quantity of material. The difficulty in this type of business is still the price of the material, but she knows that just as it tends to rise, there are seasons when she can find good prices. Doña Alicia mentioned: “I don’t have a goal, I would not like to change my activity, I just want this one to keep operating.

In this group: Florentina , Margarita, Maribel , Maria Alicia, Lizbeth, Maria Elena, Antonia, Jazmin , Ma Maura, Leticia , Beatriz , Lizbeth , Rosalía , Mirna , Mayra

Translated from Spanish by Kiva volunteer

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