A loan of $1,500 helped a member to purchase supplies for his mobile food business.

Una Nueva Esperanza Group's story

Efrain is 45 years old, married, and has two children. He is originally from an indigenous town where the people still speak the Mazahua dialect. Efrain sells French fries and plantains prepared with milk. He has been in this business for approximately 10 years and says that he manages it from Thursday to Sunday. During the rest of the week, he travels to Mexico City to do construction work in his job as a mason.

Efrain wants to stock up on products for making desserts to supply to different stores in a nearby town where they can be sold at affordable prices. He is requesting a loan in order to buy supplies for making his French fries and prepared plantains. Efrain will buy potatoes, utensils for slicing and peeling potatoes, gas, oil, sauce, ketchup, plantains, milk, plates, napkins, and other items. He sells his desserts outside of a grocery store that lends him a small space where he can sell his food. Don Efrain is very pleased with the loan because it has helped his business to grow and has allowed him to buy a few more supplies. His goal is to buy a special cart for making his desserts so that he can go to other places to sell them.

In this group: Maria Magdalena, Ma Victoria, Leticia, Efrain, Petra
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details