A loan of $475 helped a member to buy rubber, raspberry plants and iron.

Alcatraz Group's story

This is the first time the “Alcatraz” group is requesting a loan from the institution. They are very committed to do well. It’s a group of four people each with a different productive activity and this is why they are requesting a loan to invest in their respective activities. For example, Juan will invest in his raspberry nursery, Guillermo and Cecilia in a grocery store and Virginia in a nixtamal [corn for making tortillas and tamales, etc.] mill. They chose this name because Alcatraz means abundance.

Juan is the group representative, he is 28-years-old, unmarried and has always lived in the community. For the moment, he’s living with his parents and Juan has a raspberry nursery. He got the nursery thanks to support he received from the father of his girlfriend. Juan commented: “I didn’t know anything about raspberries but we received some training where I learned how to plant them and how to make them grow and obtain a good harvest." Juan has been doing this activity for 8 months now and the only difficulty is the lack of resources to enlarge his business. He is requesting the loan to buy tubes, raspberry plants and the rubber. Juan is motivated most from seeing the amount of harvest he got during the last six months because the raspberry harvests are exported to the United States. Juan says, "Although I do well in my business I’d like to make it bigger to improve my quality of life and to make some home improvements, among others." Juan is very grateful to the institution FRAC because thanks to the loan he will be able to buy what he needs.

In this group: Juan, Cecilia, Virginia, Guillermo

Translated from Spanish

Loan details

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Loan details