A loan of $1,600 helped a member to buy stock merchandise for their store.

Grupo C Group's story

The C group consists of three members who are family members and belong to a very peaceful community which is part of the municipality of San Felipe del Progreso. This is the first time they are requesting a loan from Vision Fund México and Kiva.

Arturo is the group representative. He relates that he’s 35-years-old and in a common law relationship with María. They have formed a family together with three children two of which are in pre-school. Arturo relates: “We were obliged to request a loan because my father signed us up for government assistance program. We requested a grocery store. The three members of the group are in the project. Our request was approved and we will get the cash so that we can buy the groceries. However, they are asking us for an equal percentage in cash and this is why we are requesting the loan. We are very grateful and committed to the institution because for us having a business of our own is a very good opportunity.”

Irma and Azucena will manage the grocery store. None of them have ever had a business; this is their first time and they are very hopeful that everything will turn out well. The dream the three of them share is for each one of them to become independent with their respective businesses to improve their families’ quality of life.

In this group: Arturo, Azucena, Irma

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Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details