A loan of $5,850 helped a member to invest in items for her grocery store.


El Eucalipto Group's story

Santa is from the residential unit of Emiliano Zapata. She says that she has already completed several loan cycles with VisionFund in the group called "El Eucalipto" (The Eucalyptus), and that she likes how the lending agency works. She says, "The payments have not been hard to make, and apart from that, I have the opportunity to save and to stock my grocery store."

She says that she has had a small grocery store in her community for 20 years and that it was one of the first that existed in her town. She is asking for this loan to improve her shop. Although it is small, she keeps it very well stocked. It is in her home and her spouse built a little room out of wood so that she could put her business there. She wanted to start this type of business because she didn't have a stable job since she hadn't studied beyond primary school, and she couldn't find work elsewhere. Since she saw that there weren't any shops close to her home, she decided to start one.

She buys her products in different shops in the town of Zitacuaro, where they give her low prices. With the loan she is requesting, she wants to stock her shop with items like eggs, bleach, sugar, milk, beans, toilet paper, tissues, lightbulbs, napkins, soft drinks, snacks, bread, cookies, canned chiles, tuna, sardines, mayonnaise and cream. She also wants to get tomatoes, onions, serrano chiles and manzano chiles, which she says she will buy at the wholesale food market in Zitacuaro.

Santa's goal is to be able to build her shop out of a material that won't get ruined by the weather. The other group members are named María Margarita, Elvira, Lilia, Fausto, Ma. de los Ángeles, Cleotilde, Virginia, Camerina and María Guadalupe. They will invest in their businesses and buy fruits and legumes from the region, items for grocery stores, and jewelry items to re-sell.

In this group: Maria Margarita, Elvira*, Lilia, Santa, Fausto, Ma De Los Angeles, Cleotilde, Virginia, Camerina, Maria Guadalupe
*not pictured

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Translated from Spanish by Kiva volunteer Aesclinn Donohue


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Loan details