A loan of $4,825 helped a member to buy more merchandise to sell at her kiosk such as ice cream, candy and soft drinks.

Union Magisterio Group's story

Ragina, shown above on the left in the black shirt, is a 44-year-old mother of three children, ages 21, 17 and 6. The two younger children live at home with her and attend school. For the past three years Ragina has been operating her kiosk at a local school where she sells ice cream, soft drinks and candy to students. She will use this loan to buy more items for her kiosk including ice cream, soft drinks and various small food items.

Regina is also an artisan who produces handmade crafts. Her dream is to someday sell these products out of her home in order to supplement her income during the summer vacation when the school is closed.

Regina enjoys the support she has received as a borrower of local MFI, Fondo Esperanza. She says the weekly meetings that she is required to attend have been very useful and have taught her a lot. She has learned to run her business more efficiently and appreciates the importance of equality for women.

In this group: Regina Del Carmen*, Marcela Andrea, Virginia De Las Mercedes, Regulo Augusto, Fernando Antonio, Claudia Elizabeth, Luis Ernesto, Nieves De Las Maria, Bernarda Del Carmen, Nelfa Rosa, Guillermo Osvaldo, Cristina Iris, Emilia Carmen, Elvira Del Carmen, Hugo Augusto, Maria Petronila, Paola Andrea, Romina Marilyn
*not pictured

Loan details

Lenders and lending teams

Loan details