100%

funded

Total loan: $2,200

La Abundancia Group

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El Refugio, Cosolapa, Oaxaca, , Mexico / Food

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


A loan helped to buy handicrafts, supplies for making snacks and clothes.


La Abundancia Group's story

There is a sugar refinery in the community of El Refugio that provides more than 50% of jobs in the community. In this village there is a group called 'L. Abundancia' (Abundance). They chose this name because they live in a region that produces a lot of sugar. 20 year-old Silvia is one of the members of this group. Silvia has only an elementary school level of education and in a few months time she will become a single mother. For this reason, she decided to start working in her own business selling fast food, Mexican snacks (stuffed chilis, tamales, empanadas, stuffed corn cakes, tacos and sandwiches) and pizza. She makes her sales door to door to her friends and neighbors. Silvia hopes that this investment will increase her sales because she tells us that she has premises in her home in which, in the future, she would like to set up her business. CiriL. is another member of the 'L. Abundancia' group. She is 56 years old and tells us that she started her business selling meals more than a year ago because her husband's earnings didn't stretch far enough to cover all their household expenses. Cirilia provides lunches to some of the day laborers in her community and she tells us that in the future she would like to set up a small inn where she could sell her meals not only to the workers but also to anybody else who would like to eat there. She would also like to invest a little in making sweet treats. The members of this group need a loan to invest in buying supplies (cabbage, tomatoes, chilis, onions, beans, meat, cream, cheese, tortillas, corn, eggs, rice, bananas, potatoes, oil and gas) with which to make their meals that they will then sell. The other members of this group are: Jose Domingo, Guadalupe, AdeL., Alejandro, Albina, Ceferina, Maria Alba and Patricia (who everyone calls Paty). They say "Thank you to FRAC and KIVA for believing in us and helping us to improve our businesses and lives).