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A loan of $2,750 helped a member to buy cosmetics, creams, perfume and bedspreads.

El Bonete Group's story

This group is called “El Bonete” because that’s the name of the place where the group was formed. It is located in the State of MoreL. in México. The group has 9 members and this is the fifth time they’ve asked for a loan.

María, 32, is one of the group members. She completed 9th graD., is a merchant, and has three children (two girls and one boy). She sells bedspreads and cosmetics, a business she started three years ago because what her husband earned was insufficient to cover all the family’s expenses.

At the moment of requesting the loan she is happy because she’ll have more products to offer her customers and she’ll be able to get them at better prices. She wants to use the loan to buy cosmetics, creams, perfume and bedspreads.

She intends to use part of the profits to buy her children’s school uniforms for the upcoming term and she will save part of it so that she can continue to buy merchandise and not feel pressured when she receives her daily orders. She wants to continue to proviD. education for her children so that they will make their dreams a reality and she also wants to help her husband with household expenses and to have a better quality of life.

In this group: Salustria, Lucia, Maria Alejandra, Yasmin, Maria Felix, Felipa, Maria Teresa, Maria Isabel, Juanita

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details