A loan of $1,700 helped a member to buy soft-drinks, chicken, egs, oil, clarasol (a laundry product), etc.

La Estrella Flat Group's story

Telpalcino is in the state of Morelos 38 kilometers from the city of Cuautla. The easiest way to reach it is via the Cuautla-Izucar de Matamoros highway. Arriving at the 4 Caminos intersection, there is a detour to the right which is the Cuautla-Axochiapan highway. 14 Kilometers from there is Tepalcingo. The La Estrella Flat communal bank is located in this town. It is in its first loan cycle since two of its members used to be part of a different group but, due to some delays, the group fell apart. As of today, they are on their fourth repayment and they have been noted for the punctuality in their repayments. The most common activity in Tepalcingo is commerce, then agriculture, and in third place, cattle raising. One of the members of this group is Maricela T. N., 49, who is in a common law relationship. She had 4 children but one died at birth so she only has three. She has been a member of Fundacion Realidad for about 2 years. Prior to this she was working with a group called Akasia but many of its members fell behind in their payments; they paid, but we had to be chasing after them to do so. As a result, the punctual members lost their benefits and the group fell apart. Maricela was offered a different method: to form a new group of 5 members. She was very interested and found other people who had businesses. Maricela sells chicken, eggs, clarasol (a laundry product), etc. Maria de los Angeles M. sells soft-drinks, Adriana Betzabel sells bedspreads, Maria C. L. sells costume jewelry, Jeny sells clothes. Maricela’s loan was for $6000 which she will use to buy bread, chicken, eggs, soft-drinks, clarasol, etc. She sells from her home which is located on Aquiles Serdan steet at the corner of Tezozomo, in Buenos Aires neighborood. She tells us that almost all of Tepalcingo is made up of poor neighborhoods but Buenos Aires is a nicer area. Her greatest dream is to have her own store like she had almost 5 years ago but, due to problems, had to let it go; she sold off all her diplay cases, shelving, etc. and now she uses little tables at her home to display her wares. She would like to recover her store the way it used to be so that she can help her husband and her children to get ahead and be someone in life. She tells us that she does well in her store since there are no others nearby. Besides, the good customer service she provides brings more than 100 persons daily to her store and this is how she makes her profits which she reinvests every third day in soft-drinks and daily in chicken. Lastly, she is grateful for the confidence placed in her despite what had happened with the previous group and she hopes to continue forward for a time to see her dreams come true and have her store. She states: “I will not let you down.” She thanks Kiva for trusting Fundacion Realidad because they do what they say they will and she’s sure they won’t let Kiva down.

In this group: Maricela, Maria De Los Angeles, Adriana Betzabel, Maria, Jeny

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Translated from Spanish by Kiva volunteer Polliz

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