Funded

Total loan: $4,450
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Avenida Lopez Avelar Group

Mexico
JANTETELCO MORELOS, Mexico / Goods Distribution

A loan of $4,450 helped a member buy sugar, rice, soft drinks, chips, milk, bread, etc.


Avenida Lopez Avelar Group's story

You will find the village of Jantetelco, which belongs to the Jantetelco Moleros municipality, 28 km from the city of Cuautla. Josefina Binilla E., 43, lives there. She has been a widow since her husband died a year and a half ago. She has two children who live with her. Both of them go to school. Her daughter is taking an advanced hairstyling course. Her son goes to kindergarten.

Josefina has a grocery store called “Abarrotes Dona Jose”. She has been serving people for nine years. She had the idea to set up a store with her husband. They had some money saved, and they saw that there weren’t any stores on the street. The others were very out-of-the-way. She started her business with a small table with very few groceries. Little by little, it was growing into what it is now. Her store is located on the main street in Jantetelco, the Avenida Lopez A. No.1. Due to its good location and excellent service, many customers, from her village or others, come to her store every day.

Josefina is asking for a loan from the Fundación Realidad to buy sugar, bread, grain, oil, milk, eggs, potatoes (chips), canned goods, toilet paper, jugs of water, soft drinks, bottled water, and soaps, etc. In the future she hopes to make her store larger and to set up a stand where she sells fruit and vegetables.

She found out about FRAC from a friend who invited her to be part of a group. However, several months ago she had an operation and could not continue with FRAC. Now that she has recovered, she returns to ask for a loan to restock her store and have more products to offer her customers. Her group is called Avenida Lopez A., and it is comprised of 12 women.

Tranquilina F. Piña, La Sra. Angela C. Hernández, Francisca A. B., Marta R. L., Eustolia A. R., Amada M. C., and María De Jesús V. Aragón sell by catalog. Maria De Los Angeles A. C. sells farming products. Florencia Marta sells cloths in the street markets of the communities in the outskirts of her village. Maria Eulalia R. Jiménez has a clothing store. Gloria Yecenia sells food. Of course, Josefina is also in the group.

Josefina is grateful to KIVA and to FRAC for the loans given to groups with hardworking and honest people like Josefina and her friends.

In this group: Francisca, Marta , Angela, Tranquilina, Ma De Los Angeles, Eustolia, Josefina, Florencia Marta, Gloria Yecenia, Maria Eulalia, Amada, Maria De Jesus
*not pictured

Translated from Spanish by Kiva volunteer Ginny Kalish


Loan details

Loan length:

6 months
Disbursed date: August 20, 2009
Facilitated by Field Partner: VisionFund Mexico

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: August 20, 2009
Facilitated by Field Partner: VisionFund Mexico