A loan of $1,900 helped a member to buy supplies.

Una Nueva Esperanza Group's story

Efrain is 46 years old and sells Mexican snacks and hamburgers. He tells us that he is very proud to belong to the group called “Una Nueva Esperanza” (A New Hope) and says that he sets up his business during popular festivals in adjacent towns and that he likes what he does very much. His hamburgers, fries, and chicharones are delicious. He is asking for this loan in order to buy supplies that he needs to make his snacks. He buys [his supplies] in different stores in a nearby town. The other five members are Maria Magdalena, Ma Victoria, Leticia, Petra, and Francisco. They will invest in their grocery store business, frozen treat and soft drink business, bakery, and cheese making business.

In this group: Maria Magdalena, Ma Victoria, Leticia, Efrain, Petra, Francisco

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Translated from Spanish by Kiva volunteer Hugo Reyes

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Loan details