Funded

Total loan: $5,350
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A loan of $5,350 helped a member to buy different types of shoes.


Caridad Group's story

This group’s name is Caridad and is composed of eleven enterprising women. The group is from Victoria, a community where the main sources of employment are the sugar cane fields and a glass factory.

Luz María is 52 years old. She finished high school and is married to Raúl, who works in the cane fields. The couple have two kids, one man that is still dependent on them and a 22-year-old daughter, Amairan, who studies at the university, and is also still dependent on her parents. However, Luz Maria also takes care of one of her grandchildren, Catarina, who is 15 and goes to high school. She has been with the couple since she was little.

Luz says that she always wanted to work and make her own money, but five years ago she started selling shoes, since her daughter started studying away from home and they could not cover the expenses. Little by little, she started becoming well-known with her shoes business and has now many customers. She sells door-to-door, showing her customers her catalogs and taking orders that she delivers after some time. With a loan from VisionFund, she will be able to buy different shoes and continue selling. She will use the profits to continue paying for her daughter’s and granddaughter’s studies.

The remaining members are: Alejandra, who sells shoes; Cristina, who raises pigs; Amalia, who sells food; Karla, who sells cheese; Maria Victoria, who sells meat; Susana, who sells spare parts; Maura, who sells food and desserts; Edith, who sells clothes; Mariana, who sells pigs; and Isabel, who sells beverages.

In this group: Alejandra, Cristina, Amalia , Karla Selene, Luz Maria , Maria Victoria, Susana, Maura *, Edith, Mariana, Isabel
*not pictured

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Loan details

Loan length:

6 months
Disbursed date: October 31, 2013
Facilitated by Field Partner: VisionFund Mexico

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: October 31, 2013
Facilitated by Field Partner: VisionFund Mexico