A loan of $3,875 helped a member to purchase clothing, sandals, bathing suits, and casual wear.

El Milagro Oli Group's story

This group is called “El Milagro Oli” and located in the State of Mexico. Their town is known for its beautiful village festivals, the hardworking and enterprising people, its livestock industry, and the humility of each of its inhabitants. The group consists of 10 members.

Sra. Carmen is the group treasurer. She has worked in retail for 20 years. Carmen needs a loan to buy clothing, sandals, bathing suits, and casual wear so that she can offer a variety of products to her customers. She is 39 years old, married, and has an elementary school education. With her earnings, Carmen wants to set aside savings so that she can provide a better quality of life and continue investing in her business. She feels more like an entrepreneur and can help her husband with the family finances.

In this group: Martha Rosa, Monica, Carmen, Josefina, Nicolasa, Allaneli, Maria De Jesus, Magali Denis, Blanca Estela, Maximina

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Translated from Spanish by Kiva volunteer Ronan Reodica

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