A loan of $1,875 helped a member to buy merchandise and raw materials.

Las Monarcas Recuperadas Group's story

This group is called "Las Monarcas Recuperadas" (The Restored Monarchs), because for the members of the group, the Monarch butterfly symbolizes the "queen" of the butterflies. This butterfly passes through Mexico on its annual migration, and its coloring is different from all of the others. This group is located in the state of Hidalgo, Mexico. It is made up of 7 members, each of them an enterprising woman with an established business. Leonor R. is the group's treasurer. She is 43 years old and has an elementary school education. She has a store where she sells groceries that is located in her home, and she has had this business for 3 years. In addition to the store, she also started up a business several months ago selling tamales from her home, with the goal of having an additional source of income. Leonor has 2 children, aged 3 and 15, who are currently in school. Leonor decided on her own to devote herself to an activity that would help her to obtain additional income so that she could give her family a better quality of life. For this reason she decided to have a grocery store, and since this is a simple business it allows her to have the time to attend to her household activities without neglecting her family. The loan that she requests will be used to purchase merchandise.

In this group: Mariana, Alejandra, Alberta, Leonor, Maria Teresa, Maria Elena, Oralia
*not pictured

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Translated from Spanish by Kiva volunteer Lisa Grobar

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