A loan of $1,100 helped a member purchase merchandise.

Las Estrellitas Group's story

Sra. Blanca Luz E. Bermúdez lives in Tecpatan in the State of Chiapas, Mexico. She is a single mother of daughters who are already married. She is responsible for three granddaughters: Alondra Patricia (age 14), Rubí Fernanda (age 13), and the youngest Martha Isela (age 9).

She will invest her loan in the purchase of merchandise to restock her grocery store. This business is the means by which she is able to generate household income to support herself and move her granddaughters forward.

Her daughters encouraged her to start this small business and provided her with some of their savings to use as seed capital. Blanca took advantage of her free time to work and earn a little bit of income which she could use to cover a few household expenses. With her earnings, she was able to invest in the purchase of merchandise. At the same time, her business grew each day and started generating more revenue. What Blanca wants most is to continue working so that her three granddaughters can get ahead and obtain their degrees. Each one is currently dependent on her.

This group was formed as a result of an invitation made by Sra. Irma, who is the representative. Her group is called “Las Estrellitas” (The Little Stars) because there are four women and only one man.

The group consists of five members who are listed below:
1. Blanca Luz E. Bermúdez will invest her loan in the purchase of merchandise for her grocery store.
2. Irma Vázquez Vázquez will invest her loan in the purchase of ingredients for making “pinol” (a beverage made from ground corn and cocoa), “tascalate” (a chocolate beverage), instant coffee, and other beverage mixes.
3. Bertha C. Sánchez will invest her loan in the purchase of chickens that she will butcher and dress.
4. Jorge Antonio Martínez Sarmientos will invest his loan in the purchase of chickens for fattening and eventual resale.
5. Matilde Alicia Cerón Gómez will invest her loan in the purchase of materials for her handicraft workshop.

In this group: Blanca Luz, Irma , Bertha, Jorge Antonia, Matilde Alicia

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Translated from Spanish by Kiva volunteer Ronan Reodica

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