Funded

Total loan: $2,700
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Un Nuevo Resplandor Group


A loan of $2,700 helped a member to buy supplies such as marquesa fabric.


Un Nuevo Resplandor Group's story

Amulfa is a happy, enthusiastic and hardworking woman who is 38 years old. She is married to Federico, who is a day laborer, and they have 2 children. One of their children is in high school and the other attends middle school. Amulfa belongs to the communal bank named "Un Nuevo Resplandor" (A New Radiance). She says that they gave the group this name because the loans have really helped them out a lot. She says "thanks to the Vision Fund, my business and the businesses of my fellow group members have improved because we have capital to invest and put to work. This way we can pay off the loan and also improve conditions for our families. I thank the lender in the name of my companions and myself for helping us."

Amulfa says that she has been making embroidered garments for 12 years. She started out making napkins, but later the people in her town were seeing the pretty things she was making, and how well-embroidered they were, and they started making orders with her. She decided to start to sell in her town, and then later she was selling in the markets in the communities surrounding her town. In addition, she raises turkeys and sheep.

Amulfa says that she is requesting a loan from Vision Fund to buy material such as marquesa fabric, embroidery hoops, needles, ribbons, yarn, thread, hooks and thick yarn to make scarves, hats, and other knitted items for the winter season. This is when she sells the most of these types of garments. She says that a year ago, she made winter garments and the sales were very good, especially the sets of scarves, hats and gloves. She says that she buys her raw materials in different stores in a nearby town.

The other members of this group are named Feliciana, Maria Marcela, and Pascacia. They will invest in their businesses cultivating maguey catci to extract "aguamiel" (a beverage), buying supplies to make embroidered handicrafts, and buying animal feed so that they can raise sheep to sell.

In this group: Feliciana, Arnulfa, Maria Marcela, Pascasia
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Lisa Grobar


Loan details

Loan length:

8 months
Disbursed date: October 23, 2012
Facilitated by Field Partner: VisionFund Mexico

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: October 23, 2012
Facilitated by Field Partner: VisionFund Mexico