Funded

Total loan: $7,400
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Institucionales Group

Mexico
Ometepe,Gro, Mexico / Clothing Sales

A loan of $7,400 helped a member to invest in buying shoes, sneakers, sandals, slippers, t-shirts, shirts, dresses, pants, etc.


Institucionales Group's story

This group is called 'Institucionales'. The members decided to give it this name because it is the name of the residential development where they live. This story is about Alma Cristian, one of the members of this group. She is 26 years old and married to Javier. The couple have two children, Abel and Rodrigo, who are in the sixth year of elementary school and the second year of pre-school. Alma Cristian has been selling clothing and footwear for more than eight years.

Alma Cristian comments that she chose to start this business because she wanted to find a way to support her husband and children. In addition, she considers it to be a very good source of income which allows her to improve her standard of living. She invested the loan that she received in buying shoes, sneakers, sandals, slippers, t-shirts, shirts, dresses, pants (trousers), etc.

Alma Cristian's dream is to be able to grow her business a lot further as she would like to rent premises in which to set up her shoe store. She would also like to save up so that she can guarantee her children's education. She would like them to be able to continue studying and to have a good career.

Alma Cristian thanks her lenders for helping people who work hard every day. They are very entrepreneurial people and she says that they will repay the trust that the company is placing in them.

The members of this entrepreneurial group and their business activities are as follows: Alma Cristian - clothing store Rosibell - clothing store Yolanda - poultry store Sara - perfume store Dalia - craft store Gloria - food sales

In this group: Alma Cristian, Rosibell, Yolanda, Sara, Dalia, Gloria
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard


Loan details

Loan length:

12 months
Disbursed date: February 17, 2012
Facilitated by Field Partner: VisionFund Mexico

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: February 17, 2012
Facilitated by Field Partner: VisionFund Mexico