100%

funded

Total loan: $3,225

La Gloria Group

Flag of Mexico
La Palma, Oaxaca, Oax., Mexico / Retail

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


A loan helped To buy cane sugar, sesame, squash seeds, coconut, pineapple, brown paper and plastic bags.


La Gloria Group's story

The community where the communal bank group "La Gloria" is located is known for its typical Mexican sweets such as "cocadas, jamoncillo, ajonjolí" and "glorias" which are made with caramel. The members of the group work in sales of: Rosa, Elvira, Eva - Sweets Sandra - Food Amalia - Fruit and vegetables Flor, Zuleima - Clothing Rolando - Soft drinks Ana, Carmen - Cosmetics Irma - Snacks María - Sweets and soft drinks Rosa is a very hard-working woman with 32 years' experience making and selling typical sweets. "I learned how to make them when I was 18 and I learned that each one has a secret. My mother and grandmother used to do this to help cover expenses." And like they did, Rosa now sells sweets in nearby communities all week long. At first it was a challenge for her to overcome her shyness and approach people more easily. In the morning Rosa does her housework and leaves the house at 10:00 a.m., latest. She carries with her little bags of the sweets she has prepared and does not return home until 4:00 p.m., having sold everything. There are exceptional days when she cannot go out but she does not like to interrupt her routine because it allows her to visit other places, entertain herself and have her own income. Rosa is very grateful for the loan opportunities received through VisionFund, since this new loan will allow her to buy more ingredients for her sweets. She will buy cane sugar, sesame, squash seed, coconut, pineapple, brown paper and plastic bags to increase production. Thanks to her earnings, Rosa has decided to start a new business. Now she also sells natural body lotions and is happy with the results she has achieved so far. * The photo was taken at Irma's house. Rosa is the one holding a few bags of sweets.