A loan of $4,350 helped a member to buy Swarovski crystals, imitation pearls, glass tube beads, beads, natural stones, wire, nylon thread, copper thread, staples, hooks and clasps for making bracelets, necklaces, rings, etc.


Flores Magon Group's story

Carol is 20 years old and a member of the 'Flores Magon' group. She is requesting a loan to buy Swarovski crystals, imitation pearls, beads, glass tube beads, natural stones, wire, nylon thread, copper thread, staples, hooks and clasps for making bracelets, necklaces, rings, etc. She says that she makes these products and sells them at the university where she is studying. She says that she has been making her creations for more than three years. She started the business in order to support her parents in covering her university expenses. She is studying to become a teacher and is in her third year of her degree. She says that she is very happy and proud to be able to help her parents because her university expenses are high. She says that she buys all her materials in the state of Jalisco because there she is able to buy them for a lower price and so can earn a little more. She says that, thanks to the loans she has received, she has been able to gradually grow her business. In the past she only sold bracelets and necklaces but now she also sells tiaras with gems, belts with gems, watches and other ladies' accessories. She says that one of her dreams is to finish her degree and get a position as a teacher in a kindergarten. Another of her dreams is to have stable premises from which to sell her jewelry.

The other 12 members of this group are called María del Socorro, Reyna, Clementina, Stephanie, Teresa, Patricia, Rocio, Vianey, Norma, Mercedes, Rosa Elena and Jazmín. They will all invest their loans in their business activities such as buying shoes through a catalog, clothing and lingerie, different flavored sweet treats, groceries, raw materials for making desserts, material for making clothes, cosmetics and ladies' jewelry, bedspreads, ladies' bags etc.

In this group: Maria Socorro, Reyna, Clementina, Stephanie, Teresa , Patricia, Rocio, Vianey, Carol Paola, Norma*, Mercedes, Rosa Elena, Jazmin
*not pictured

Translated from Spanish by Kiva volunteer Linda Oxnard


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