A loan of $2,325 helped a member to buy stock merchandise.

La Presa Group's story

Juan, 48, is married and has two dependent children going to elementary school. He lives near a local archaeological zone. He comments that he has a candy stand at home and he’d like to enlarge it and sell a few groceries. He’s had his business for about three years and he says that he set up his stand to have an additional source of profits. He also farms avocadoes and has an orchard next to his house.

He is asking for the loan to make his business grow. He will stock up at various stores in one of the larger towns nearby. He will buy assorted candies, a bit of toilet paper, soap, chlorine bleach; whatever his neighbors most ask him to sell. He is very grateful for the loan he’ll get because it will allow him to provide his children with a better quality of life.

The other five group members are called: Gregoria, Yeimi, Alejandrina, Ana Elsa and Fidelina. They will use their loan to buy thread, hooks and raw materials to make embroidered artisanal bags, to buy fruits and vegetables, fried snacks and candy to sell.

In this group: Juan, Gregoria, Yeimi, Alejandrina, Ana Elsa, Fidelina*
*not pictured

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Translated from Spanish by Kiva volunteer Polliz

Loan details

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Loan details