100%

funded

Total loan: $5,225

Nex Group

El Valerio, San Jose del Rincon, , Mexico / Retail

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A loan helped to buy more chairs and tables.


Nex Group's story

The "Nex" group is made up of nine people who live in a Mazahua community that is well-known for the delicious chokecherries that are in season half-way through the year. Most ofthe families have one of these fruit trees. Sabina, or "Sabi," as she is affectionately known, is a very cheerful and friendly person. She is always smiling and manages to spread her smile to the the other members of the group. She is 30 years old, lives in common law marriage with Eduardo (who works in house construction), and has an 11 year-old girl who is studying in primary school. Sabi has been selling beauty products and sweets for six years, but these businesses didn't give her the income she hoped for. Later she realized that renting tables and chairs was more productive because of the events that are done in her community. She used her savings to buy 50 chairs and 5 tables. She has three years of experience in this business and, at the end of the year, her earnings are better. Sabi has been a client of VisionFund for almost 8 years. She is very grateful because without the economic support, she wouldn't have been able to grow, specifically because the chairs are expensive. She currently has 100 chairs and 10 tables, and she is requesting the loan to buy more. Her earnings have allowed her to improve her quality of life and she has made some repairs to her house. Most importantly, she is able to pay more easily her daughter's school fees. "For me, it's very important that my daughter be well prepared to have to have a professional career so she can get ahead." The other members of the group are Apolonia, who will invest in tarps for events; Raul, Ana Cecilia, Maria Cristina, and Hector, who sell sweets; Marlem, who has a grocery store; Viviana, who sells clothing; and Victoria, who raises turkeys. *The photograph was taken on the steps below the municipal kiosk. In the background, you can see the Catholic parish. Sabi is the one in a gray sweater and who has bangs.