Funded

Total loan: $2,900
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Bugambilias Group

Mexico
Monterrey, Mexico / Home Products Sales

A loan of $2,900 helped a member to buy more sheets and electronic appliances to have greater merchandise variety.


Bugambilias Group's story

Las Bugambilias [The Bougainvilleas] is a Credituyo solidarity group. They are currently requesting their first loan with this institution. The women chose this name because they really like this plant and it's flowers. They are eight hard working women that live in the Garcia municipality, north of Monterrey. They say it is a very united group.

Areli Yedid is one of the women in the group. Areli is 30 years old, married, and has three children. Two of the children are currently in school. One is eleven years old and another is eight years old, while the smallest has just turn four and entered preschool.

Areli makes a living selling household appliances, linens, and some wood furniture. She began the business four years ago with the goal of being able to provide the best future possible for her children. She began by selling products just to her family members and close friends. Little by little she has begun to make sales to her neighbors in the community.

With the help from this loan she hopes to be able to establish different sales routes in several neighborhoods. This way her business will continue growing. She wants to use the loan to buy more bed sheets and household appliances which are the best selling products right now. This will allow her to be able to make her sales in other neighborhoods.

In this group: Areli Yedid, Irasema, Irma Elizabeth, Karla Janeth , Leidy Vianey, Maria Bricia, Maria Rosa , Martha Elma
*not pictured

Translated from Spanish by Kiva volunteer Monica Wooters


Loan details

Loan length:

6 months
Disbursed date: January 25, 2012

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: January 25, 2012