A loan of $3,650 helped a member to buy stock items for her grocery store.

El Polvorin Group's story

Reyna is 30 years old. In the locality where she lives avocadoes grow profusely. She’s married and her husband’s a day laborer. They have a daughter who is in elementary school.

Reyna belongs to a credit group called “El Polvorín” (Powder Keg). She comments that they chose that name because that’s what their neighborhood is called. She is a very hardworking, very active woman. She’s had a grocery store for the last six years. She says she started this business in order to be able to be more watchful of her children.

She is asking the financial agency for a loan to buy stock merchandise for her store like: sugar, soap, milk, coffee, eggs, rice and basic need items. She goes to a nearby town to stock up on goods at a supermarket there where prices are lower and she can then earn a bit of profit.

Reyna’s goal is to build a space later on out of cement because she currently keeps her products in a little wooden room. She’d like to start to save up and have her business very well stocked because this is a very important source of employment for her.

The other nine group members are: Catalina, María Guadalupe, Diana Martina, Rosa María, María Isabel, Adela, Ana Luisa, Ygnacia and Gabriel. They will use the loan they are getting in various businesses like: fruit and vegetable stand, women’s catalogue clothing sales, candy stand and a flower shop.

In this group: Catalina, Maria Guadalupe, Diana Martina, Rosa Maria, Reyna, Maria Isabel , Adela, Ana Luisa, Yginia*, Gabriel
*not pictured

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Translated from Spanish by Kiva volunteer Polliz

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