A loan of $750 helped a member to buy refreshments, lard, cold cuts and chicken, among other items.

Manantial Group's story

Lesbia is a member of the El Manantial group; she is 24 years old and the single mother of 1 son who is three years old. She started out in business in the year 2008 with a small general store. She opens the business from 7:00 am, and closes it at 8:00 pm. The advantage she has is that there are no other businesses nearby and she has little competition. One of the challenges she confronted was that she had to battle with customers who did not pay her on time, but now she only sells in cash and that way avoids losses in her business.

Lesbia requests this loan to invest in the purchase of products such as: lard, cold cuts, chicken, refreshments, sugar, beans, rice, among others. The challenges Lesbia faces in her business are due to the fact that food staples are more expensive every day and people aren’t buying like they used to. The business will change with the loan because she will have a greater variety of products and that way will sell more. Lesbia’s goals are to help her son get ahead, to make her business larger and more productive one day, and to have a better standard of living. This is the third loan she requests with FAMA, and she has complied with her payments punctually.

In this group: Lesbia Onely, Rudy Yulissa, Mack Edgar

Translated from Spanish

Loan details

Lenders and lending teams

Loan details