Funded

Total loan: $3,050
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Avenida Del Trabajo Group

Mexico
Pachuca, Hidalgo, Mexico / Grocery Store

A loan of $3,050 helped a member purchase grocery items.


Avenida Del Trabajo Group's story

This group is called “Avenida del Trabajo” (Avenue of Work) because the street where they gather to conduct their meetings has the same name. In addition, the women of this group are hardworking so the name is appropriate for them. The group meets in the town of Tepeapulco in Hidalgo and consists of eleven members. They have participated in five loan cycles with CrediComún.

Irma A. M. is the president of the group. She is 31 years old, in a common law marriage, and studied through high school. Irma works as a merchant and has four children (ages 4, 7, 8, and 10). Her husband paints houses and buildings, but since he has very little job security, she decided to start a business to help with the finances and raise the quality of life for her children. A year ago, Irma started a business selling Mexican street food. Thanks to the loans she has received while working with CrediComún, she has been able to increase her production as well as her sales. Sra. Irma says the responsibility for her success lies with CrediComún as well as with her group. She experiences the “give and take” relationship that the Institution has with all of the groups and each of the members.

María Elena Ramírez B. is the group treasurer. She is 39 years old and earned a technical degree. María Elena is in a common law marriage and has two children. She sells groceries and has eight years of experiences. Approximately a year and a half ago, as a result of the economic downturn, María Elena learned about the services and advantages available from receiving loans. She saw this as an opportunity to restart her business using the loans she received. Her customers have noted the tremendous growth in her business because she now offers products that she did not have previously and are not being offered by any other businesses in the area.

In this group: Ma De Lourdes, Jocelyn, Maria Rosa, Blanca, Maria De Lourdes, Ma Elena, Maria Catalina, Irma, Reyna*, Rosa, Maria Socorro
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details

Loan length:

6 months
Disbursed date: September 21, 2010

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: September 21, 2010