A loan of $4,200 helped a member operational capital.

Las Bendecidas Group's story

The “Las Bendecidas” (The Blessed Ones) is represented by Amparo and made up of 14 members who are in their second loan cycle. They have shown unity, responsibility and the desire to continue growing to get ahead and make more progress every day.

Amparo C. P. (group president) has a cosmetics sales business. Thanks to her efforts, she continues to move forward in her work day to day. She has two children and is separated from her husband. Because of this, she overcomes obstacles in order to get her children ahead in life.

She’s a hard-working woman and has shown herself to be very responsible. She lives under the anticretico modality (a transaction not available in the U.S. whereby a property owner requests a "loan" from you in exchange for housing, which must be paid back to you at the end of your contract. If your loan is not repaid, the property owner loses the property to you) and dreams with having her own home for her and her two children. Amparo is making a great effort to reach this goal. She will use the funds as working capital to continue growing in her business.

All the members of this group are multifaceted; they enjoy work very much. Some sell food; others sell groceries, chickens, soft-drinks and turnovers. Some sell milk, others vegetables. Some sell maja blanco (a sweet). In this case, competition is non-existent because they all have different businesses and they all do well because they go out to different points of sale both within the city and to its outskirts in order to sell their merchandise.

The funds will be used to increase their ingredients, supplies and products in order to generate better income and meet customer demand.

The members already have quite a bit of experience in the field of group loans. This is an established, very good group. They completed their first loan cycle well with us and, to date, continue to prove themselves as being very hard-working and responsible people. The institution, therefore, grants new economic support to them so that they may continue to succeed and provide their families with a better quality of life.

In this group: Amparo, Monica, Elena, Marcelo, Leonora, Jose Luis, Dominga, Ana Karen, Ana Karen, Claudia Ximena, Mana, Justina, Maria Fernanda, Justo

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Translated from Spanish by Kiva volunteer Polliz

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