Tuesday, August 17, 2010

Kiva - El Sueño Group from Mexico has a loan fundraising on Kiva

Kiva - El Sueño Group from Mexico has a loan fundraising on Kiva

This solidarity group called “El Sueño” (The Dream) is from Tlayecac, Ayala, in the State of Morelos in México. The group consists of five members who know one another since they are neighbors. This is their first loan with Fundación Realidad.


One of the group members is Sra. Araceli Espinoza Carvajal. She is 33 years old and was able to achieve her high school diploma. Araceli is married and has two sons: Eduardo who is 8 years old and attending elementary school, and Alexander who is 2 years old. She plans to start a business selling clothing, so she needs a loan to buy blouses, trousers, shirts, skirts, and other items so that she can be stocked with merchandise. Araceli will travel to the city of Cuernavaca to obtain her inventory. She wants to whitewash her house and install a door since her family just moved into their house, but the work is still not finished. The reason for starting this business is to help with the expenses and to complete the work on her house so that it will be beautiful and be more secure for her children. Her dreams include growing her clothing business, earning more income, and investing in her home. She operates her business out of her house in Tlayecac and has competition from different merchants who sell the same products. Araceli is excited about her loan because it will provide her the opportunity to get ahead and grow her business. In addition, she hopes that her children will continue with their studies and complete their education.


The members of the group are as follows:
• Araceli Espinoza Carvajal is starting her business and will sell blouses, trousers, shirts, skirts, and other items.
• Sra. Lulu Rodríguez Gutiérrez will restock her business with blouses, skirts, and women’s trousers to sell.
• Sra. Mitzi Yuridia Bonilla Rodríguez will buy perfumes and cosmetics from a wholesaler to sell.
• Sra. Virginia Castillo Burgos will buy women’s sandals to restock her business.
• Sra. Yeimi García Vargas will buy hairclips, tiaras, bracelets, and necklaces to restock her business.


The members of the group would like to say to Kiva and Fundación Realidad, “Thank you for supporting us with this loan. The money will help us move forward in our businesses and with our families.”

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