A loan of $2,350 helped a member to buy more umbrellas.

Union Obregon Group's story

This group is called "Union Obregon" because this is the name of the colony where they are located. It is in the Morelos state in Mexico. The group is made up of 8 members and this is the fourth time that they request a loan. Fabiola is a member of the group. She is 26 years old, attended through the third year of high school and is a merchant. She has 3 children, one girl and two boys. She sells umbrellas, a business that she started 6 years ago. She is requesting this loan to buy more umbrellas at wholesale, this way getting better pricing and different styles, sizes and colors. Since it is the rainy season, this is when she has the best sales. Her customers are happy because she provides a good variety of umbrellas and also reasonable prices. At the time of the loan request, she feels happy to be able to invest in her business. She wants the loan to buy merchandise and she will use the income that she obtains to enroll her children in school.

In this group: Susana, Elizabeth*, Rebeca, Dalinda, Fabiola, Estela, Leticia, Diana

Translated from Spanish by Kiva volunteer Laura Bobbit

Loan details

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Loan details