A loan of $2,225 helped a member to buy shoes.


San Sebastian Group's story

'San Sebastian' is the name of a Credituyo community bank which is starting its first loan cycle with the institution. The group is made up of six entrepreneurial women who live in Poniente district, in the city of Monterrey. They chose this name because most of the people in the group are neighbors and live in Villas de San Sebastián.

Norma is one of the women in this group. She is 46 years old and married. She and her husband are the parents of a large and united family. She and her husband have always looked after their children's welfare and work hard together. Norma's husband is a plumber and he always helps her a lot when things are going badly in her business. The couple have six children: three sons and three daughters. Most of their children are already married. Only two of the children are still single: one is 18 years old and working and their youngest, who is 10 years old, is in school. Currently, the youngest is the only one who is dependent on them.

Norma has been selling shoes through a catalog and used clothing for two years in different markets. She is taking out this loan so that she can stock up with shoes because they make her good commission. In the future, she would like to stop selling used clothing and start selling new clothing because she says that it sells better than used clothing.

In this group: Beatriz Alejandra, Elba Marisela, Felipa, Norma Hermelinda, Olga, Yadira Michelai

Translated from Spanish by Kiva volunteer Linda Oxnard


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Loan details