Funded

Total loan: $3,075
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La Santa Cruz Group

Mexico
San Marcos, Gro, Mexico / Grocery Store

A loan of $3,075 helped a member to buy stock items for her store.


La Santa Cruz Group's story

This group is called “Santa C.” (Holy Cross) because that’s the name of the neighborhood where they live and because they all come from there. This story is about Margarita because she’s the representative of this communal bank. She is 34 years old and married to Mario. They have five children: Ángel, Israel, Alondra, Marcela, Martin and Estefani. Only three of them are studying. The oldest is in 8th grade and the next two are in 5th and 6th grades. The last two are still too little; they are 2 years and 10 months old respectively. She has had a grocery store for six years.

Margarita chose this activity because it’s what sells best in her community and also because she says it’s a very good source of income that helps her continue to support her family’s economy. The loan she got she used to buy more merchandise like: soft-drinks, rice, beans, sugar, salt, cookies, oil, milk, soap, Clarasol (bleach), detergent and toilet paper.

The goal that Doña Mago (as she’s better known in her community) has for her business is to continue investing much more in it because she wants to make it grow because she’s planning to enlarge it to have it very well stocked to increase and improve her profits to continue to support her children with their schooling so that they will be able to have very good professional careers.

She comments that one works very well in her group because all the members know each other perfectly well and they are people who are responsible with their payments and, above all, very good hard workers.

The other group members are: Obdulia, Nicolasa, María de Jesús, Margarita, Saida, Tania, Sonia, María Félix, Elizabeth y Lorenza who carry out a variety of activities like fish sales, grocery sales, meat sales, snack sales, bedspread sales, tamale making, fruit sales, cosmetics sales, fast food sales, etc.

In this group: Obdulia, Nicolasa, Maria De Jesus, Margarita, Saida Yasuli, Tania, Sonia, Maria Felix, Elizabeth, Lorenza
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

5 months
Disbursed date: June 1, 2011
Facilitated by Field Partner: VisionFund Mexico

Lenders and lending teams



Loan details

Loan length:

5 months
Disbursed date: June 1, 2011
Facilitated by Field Partner: VisionFund Mexico