Total loan: $4,275

Nueva Generación Group

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San Miguel La Labor, San Felipe del Progreso, Méx., Mexico / Food

Nueva Generación Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped buy detergents, eggs, drinks, bread, milk, etc.

Nueva Generación Group's story

María Concepción is very hardworking but above all well respected by the entire community. She is 52 years old. She is married to Enrique and they are parents of 9 children although only one depends on them and is studying.

Concha, as she is affectionately called, has been applying for loans through VFMéxico for more than 10 years. With her first loan she bought some sheep and for 10 years she has been raising and selling this type of animal as her main work.

The profits allowed her to open a small grocery store 8 years ago. It was difficult at first as she had to build a place to store the merchandise, and at that time she could only buy a few products. She was increasing the stock, little by little, as well as the facilities.

Concepción is very grateful for the loan because it has been of great help for her family and the earnings from her work help pay her daughter’s school expenses. With the new loan she will buy detergents, eggs, drinks, bread, and milk which are the products most consumed by customers.

One of Concha’s dreams is that her daughter can finish a professional degree. Also, a goal in which she is already investing time and effort is opening a shoe store.

In the image: the members of the group are at their meeting place. Concha is wearing a purple shawl.