A loan of $6,025 helped a member to buy more merchandise like corn, apples, mandarins, etc.


El Almendro Group's story

Inés, 54, is married; her husband, Miguel, works in the fields and they have three children who live under their protection. Unfortunately they don’t live together because of their schooling: Leonel is studying Economics, Fabiana is earning a degree and Rocibel is studying Law but they live happily as a family.

Inés has been selling corn for two years in her town, El Pericón, in the municipality of Tecoanapan, Guerrero. When sales are poor she goes beyond El Pericón to sell to other towns that aren’t too far away from her town so that transportation costs don’t cut too much into her profits. She sells her merchandise by the liter. She plans to use her loan to buy more corn but in order to earn more profits she wants to add fruit and vegetables like bananas, apples, mandarins, tomatoes and onions, among others to her business.

Inés is a member of the “El Almendro” (The Almond Tree) communal bank composed of 10 women and 1 man capable of working more in order to defeat the poverty they’ve been in recently.

They are mentioned here: Adelfa, Anastacia, Guadalupe, Nicéfora, Lizbeth, Araceli, Luvia, Félix, Inés and Leonilda who sell soft-drinks, groceries, clothes, paper goods, fish, chicken and corn.

In this group: Adelfa, Anastacia, Guadalupe*, Nicefora, Lizbeth, Araceli *, Luvia , Felix, Ines, Leonilda
*not pictured

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Translated from Spanish by Kiva volunteer Polliz


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