A loan of $5,475 helped a member to buy gas, vegetables, salt, oil, etc.

Faltan Integrantes/revisar Monto Individual Géminis Group's story

The Géminis” Communal Bank is located in town. It is a group that has worked together through several loan cycles with FRAC. It has never defaulted and has always been a group that is very responsible in its payments and its meetings. The group’s name was chosen because that was what they liked calling themselves and there was no other choice.

Doña Maria del Carmen, who is one of the members of the group is a very hardworking and enterprising person. Above all she meets her responsibilities. She notes that she is 44 years old and is a widow with two dependents: one of her daughters is studying in the university.

Carmen has been living in the same town for 20 years and for the past 8 years, she has been selling “antojitos Mexicanos” (Mexican snacks). She says “I started my business because I love to cook food of all kinds, Spanish, Mexican, Chinese, however here we only know Mexican food and therefore I sell Mexican snacks. My only difficulty was when I started because I did not have a fixed place where I could sell my snacks, however now I have a space in front of the town hall where I put my vendor’s cart. I open from three in the afternoon until 12 at night.”

Carmen’s goal is for her daughter to finish her university studies. She does not want to tell her that she cannot finish her studies due to lack of money.

All of the members are very grateful and are working with FRAC because the loan will be a great help since it enables them to expand their businesses, such as Jose, Josefina and Saturnina, who will invest in clothing, Araceli in her store, Jessica in gifts, Rosa Celia in woven goods, Lidia in pigs, Maria Felisa in calves, Yolanda in the sale of tortillas and Erica in quilts, sheets, bedspreads and towels to sell. (Erica does not appear in the photo because she was working).

In this group: Rosa Celia , Erica *, Lidia , Saturnina , Josefina , Yolanda , Maria Felisa , Maria Del Carmen , Jose Telesforo , Araceli , Jessica

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Translated from Spanish by Kiva volunteer Diane Chaney

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