Funded

Total loan: $3,000
Powered by 103 lenders

5 De Mayo Group

Mexico
Mexico / Retail

A loan of $3,000 helped a member to buy meat, rice, oil, eggs, sausages, potatoes, onions, leaves to wrap tamales, corn, lard, chocolate, flour, cinnamon, sugar, and charcoal.


5 De Mayo Group's story

The new members (of the communal bank) are Señora Maria Manuela, who is going to buy corn with her loan; Señora Virginia, who is going to buy pigs and food to fatten them; Señora Eva is going to buy meat, tortillas, vegetables, and prickly pears to make taquitos.

Señora Maria de Carmen is 27 years old. She lives in a common law marriage with her husband, who is a farm worker. They have three daughters, of whom two are in primary school and one is in preschool. She sells tamales, atole (a hot corn-based beverage), and rice tacos. She is applying for a loan to buy meat, rice, oil, eggs, sausages, potatoes, onions, leaves to wrap tamales, corn, lard, chocolate, flour, cinnamon, sugar, and charcoal. She began this business two years ago. Her mother had a similar business and helped her cook. Her business is important because she has income to buy fruit or pay for some of the school expenses of her daughters. She feels proud when her customers tell her that her food is delicious. She goes out with her cart to offer her products to the merchants in the plaza. As a housewife, she is planning to hire a person to sell food and thus reach more sales locations. Her business has helped her family when her husband didn't have work, as they take from the business for food. Her dreams and hopes are to set up a place that will offer more advantages to her business, to have a helper to go out to sell her products on the plaza with the merchants, and to help her children continue to go to school.

The members of the group want to tell Kiva and Fundación Real, "Thank you for your loans. You offer us your support and confidence without knowing us, and we are not going to disappoint you."

In this group: Isabel, Maria Del Carmen, Eufrocina, Yecenia, Maria Manuela , Virginia, Eva
*not pictured

Translated from Spanish by Kiva volunteer Pam McMurry


Loan details

Loan length:

6 months
Disbursed date: January 11, 2012
Facilitated by Field Partner: VisionFund Mexico

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: January 11, 2012
Facilitated by Field Partner: VisionFund Mexico