Funded

Total loan: $3,675
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La Guadalupe Group


A loan of $3,675 helped a member to buy a variety of threads, fabrics, rhinestones, and a punch press.


La Guadalupe Group's story

The communal bank "La Guadalupe" is comprised of four people and located in the community of San Miguel Soyaltepec, which is on the shores of the Temaxcal Lake. This helps trade in the area since many locals are involved in fishing and people from neighboring communities come here to buy "mojarra" fish.

Martha is a member of this small group. She is 37 years old and only has a secondary education. She is married to Raymundo who emigrated to the United States in search of better work. She has three children, Erika, 19, who goes to the university, Nieves, 15, in high school and Raymundo, 13, in junior high.

She says some years ago she took a course on making costume jewelry and typical regional costumes. She learned it well and liked it, and decided to set up a small workshop in her home to make costume jewelry (earrings, bracelets, rings and necklaces) and embroidered regional costumes. What she enjoys most about her work is that she can be creative to come up with different styles of earrings, bracelets, rings and necklaces that her customers will like. She works on the jewelry at home but in the afternoon goes to friends' and neighbors' houses to sell her products. Sometimes she receives orders for custom designs. Martha says she earns more from the regional costumes because by selling one she can make the same amount of money as she does with one month's sale of jewelry.

She has requested a loan through VisionFund to buy threads, fabrics, rhinestones and a punch press to continue with her craft work. In the future she wants to renovate the workshop and rent a shop to display and sell her products.

The other members of the group are: Raúl, who runs a mechanic workshop José Luis, who is in the publicity business Jorge, who is in the transportation business

In this group: Raúl, Marha Leticia , José Luis, Jorge Alberto
*not pictured

Translator profile picture

Translated from Spanish by Kiva volunteer Sherry Bess


Loan details

Loan length:

6 months
Disbursed date: October 22, 2013
Facilitated by Field Partner: VisionFund Mexico

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: October 22, 2013
Facilitated by Field Partner: VisionFund Mexico