A loan of $3,775 helped a member to buy vegetables and fish.

Flor De Mayo 2 Group's story

This Group is maD. up of 12 persons who are: Jovita, Clarita, Alberta , Inocencia , Eloisa, Oralia, Julia, Faustina, Eliz, Elizabeth , Soledad and Julieta. They all live in a settlement that is far from the municipal center in the state of Guerrero. Each has a small business: Jacoba is a fish and vegetable merchant. Clarita and Alberta sell fish. Inocencia sells fruit, Eloisa and Julia are seamstresses. Oralia sells candy and Faustina sells chickens. Eliz sells in a co-op and Elizabeth sells bread. Soledad sells nutritional products and Julieta sells women’s accessories.

Jacoba is married and has 5 children, who are 18, 17, 14, 11 and 10 years of age. She can read and write even though she did not finish school. She wants to buy a variety of different fruits, vegetables and fish. Because of her children’s expenses, she can’t afford to stock large quantities so, what little she sells, goes quickly. She wants to buy a variety of product so that she can sell more and earn more profits.

This is why she needs the loan: to invest in the purchase of various fruits, vegetables and fish. This way she will have more profits and that will help her with her children’s expenses.

To date, she is at peace with the group since they all know each other very well. She is happy with the loan that she will have granted because she has worked with other companies and she is seeing the big difference in interest percentage that they charge.

In this group: Jacoba, Clarita, Alberta, Inosencia, Eloisa, Oralia, Julia, Faustina, Eliz, Elizabeth, Soledad, Julieta

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Translated from Spanish by Kiva volunteer Polliz

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