A loan of $3,500 helped a member to purchase an industrial range, a large frying pan, a bucket of oil, ripe plantain, and farmer's cheese, and also to improve her community.


Virgen De Guadalupe Group's story

Maritza is a 41-year-old woman. She has 10 children and her husband is a chainsaw operator who works as a day laborer. Only her oldest daughter is married. The younger children are students and the oldest son, who is 19, helps in the home along with his daily work in a mine. He pays monthly rent and his desire is to soon have his own home.

In the past, Maritza worked harvesting seashells in the mangrove swamp. These days, she sells fried ripe plátano with cheese in the afternoons.

This is her first loan from FODEMI and she learned about it from her siblings who have been borrowers for several years.

With this loan, she will purchase an industrial range, a large frying pan, a bucket of oil, ripe plantain and farmer's cheese.

She says that with her savings, she has managed to get sun shades and, so, serve her customers better. She states that these loans greatly help the families in this community because of their comfortable monthly installments.

In this group: Teresa Birjinia, Anggi Lorena, Gretti Didcenia, Maria Elena, Sergio Tomas, Maritza Andrea, Alixi Georgina
*not pictured

Translated from Spanish by Kiva volunteer Wendy Harris



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Loan details