Total loan: $3,250
Union Y Amistad Group
Zitacuaro, Estado de Michoacán., Mich., Mexico / Clothing
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Union Y Amistad Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy baby clothes like little blankets, diapers, pants, bibs, baby outfits, rompers, and socks, and women's panties, pants, jackets, socks, shoes and sanitary napkins.
Union Y Amistad Group's story
Marisol is 23 years old and married to José, and they have two children. He works in the construction industry in Mexico City. She is part of the group Union y Amistad [Unity and Friendship] and says that they chose this name for their group because they are very united, and when someone can't make their payment, they help each other to be able to get the payment and not lose face. For more than four years she has been selling baby clothing and women's underwear, as well as stockings and women's socks. She says that this business took root when she saw that the women who come to her mother-in-law, who is a midwife, for an emergency consultation for help giving birth, they didn't come prepared with clothing for the baby or for themselves. They weren't ready. So it occurred to her to start selling baby clothing like small blankets, diapers, pants, bibs, baby outfits, rompers, and socks, and women's panties, pants, jackets, shoes and sanitary napkins that are used when they're going to give birth. She says that she likes her job a lot, because this way she can be devoted to her small children. She stocks up on clothing in the cities of Toluca and Mexico in different stores where they give her lower prices, so she makes a better profit. She is requesting a loan from Visión Fund in order to grow her business a little more, and already even neighbors from her community come and buy socks for their children's school from her. Marisol says, "I like what I sell because this way I can contribute something and I can buy what I want for my children, and help my husband with the bills. Also I'm happy to belong to this group and already I have done several cycles; they always treat us very well and have the lowest interest rates." The other six members of the group are Lidia, Ofelia, Fabián, Gilberta, Sandra and Juan Carlos. They will invest in goods for different purposes: to sell in a school store; in the purchase of surgical material and medicine for sale; for the purchase of feed and lambs; for the purchase of fertilizer and peach and avocado plants to grow; and for the purchase of seasonal fruits and vegetables to sell.