Funded

Total loan: $2,175
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Alcatracez Group

Mexico
Veracruz, Mexico / Retail

A loan of $2,175 helped a member to invest in footwear and raw materials to make snacks on a hotplate.


Alcatracez Group's story

This photo was taken in the house of Mrs. Marcia Díaz, a member of the "ALCATRACEZ" group that is located in the state of Veracruz, Mexico. You can see that the group of ladies looks very happy in the photo. She [Marcia] has sold footwear for 11 years. She is asking for the loan to buy merchandise and therefore expand her business. When asking for this loan, she is happy and in high spirits. She is 29 years old, studied through high school, is married, and has one daughter. Marcia wants this loan to increase her earnings. She also hopes that her business grows more to be able to generate more earnings and to be recognized for the quality of her products. Maribel D. is another member of the group. She is the president. She is 45 years old, studied through high school, is married, and has 2 children. She has been selling snacks that she prepares on a hot plate for four years. She is asking for the loan to expand her business and to always have raw materials for all of her customers. Since they really like how she cooks, she always runs out of her product. Maribel feels very happy since, thanks to this opportunity, she is going to be able to provide an education and a life of quality for her children. The group is made up of 9 members and this is the fourth time that they are asking for a loan. NOTE: TWO CHILDREN OF THE LADIES APPEAR IN THE PHOTO.

In this group: Sofia Graciela, Marcia Gizhe, Julia, Yolanda, Maribel, Ana Maria, Nancy Monserrat, Rubicela, Sara
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Danielle Dupre



Loan details

Loan length:

5 months
Disbursed date: April 7, 2011

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: April 7, 2011