A loan of $3,350 helped a member to invest in her business and save for her old age.

Milagros De Mozoquilpan Group's story

This group is called 'Milagros de Mozoquilpan' (Mozoquilpan Miracles) because all its members live in Mozoquilpan which is located in the State of Mexico. The group has 11 members.

Gregoria S. is the group's president. She is 56 years old, married, and didn't attend school. She is a saleswoman and has 4 children (2 daughters and 2 sons). Gregoria has a grocery store which she set up one year ago with 9 years' worth of savings which she had managed to put aside from the profits she'd made selling hand-made tortillas. This business also allowed her to provide two of her children with professional-level studies. She comments that thanks to the fact that she has the support of loans, she has been able to invest in buying merchandise for her store and, with the profits, she has been able to save up to build her own premises. She would now like to be able to save for her old age because she plans to be independent and not have to bother her children.

In this group: Marisol, Maria Elena, Veronica, Gregoria, Daria, Tomasa*, Angelina*, Maria Natalia, Vanessa Miriam, Berenice, Imelda
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard

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Loan details