Alfredo Martinez operates a small grocery store from a room connected to his home. He buys products at larger stores and sells them to his neighbors in Nogales, Mexico. He has been running this business for 4 years and has been borrowing from ProMex Group for 2 years. His inventory and sales have dramatically increased.
Jesus Brigido has a bakery in Nogales, Mexico. He is originally from Puebla but has lived in Nogales for 27 years. He has been with ProMex Group microfinance project since 2010. His current loan is for US$1,000.
He has two employees at his bakery and produces about 6,000 pieces of bread each week. His bakery is part of his home. He used his loan to buy equipment and expand his business. He has three kids and their lives have improved greatly because of the success of his business and ProMex Group.
Señora Duran is an Avon representative and sells other health and beauty products. She has been in business for seven year.
She buys and resells products with approximately a 40% commission. She generally sells for cash but has a few clients on credit.
She borrowed 3,500 pesos (about US$290) in July, 2011 to expand her business.
Señor & Señora Melendez have two businesses in Nogales, Sonora, Mexico. For one, they sell fresh and artificial flower arrangements. The other is professional photography for weddings, quinceañeras, and special events.
They borrowed 10,000 pesos (about US$833), from a charitable micro-lending organization supported by ProMex Group, five months ago to start the flower arrangement business. This gives them more stability with the two businesses.
Señora Castro borrowed 2,000 pesos (about US$165) a month ago to start a new “fast food” business. Her loan came from a ProMex Group supported charitable micro-finance organization in Sonora, Mexico. She used to rent a microwave oven but with her loan, purchased one. She sells her food close to her home at a little stand. She marks up what she sells about 40%.
We are excited to get ProMex Group started and grow reponsible micro-finance on the Mexican border. ProMex Group will expand the opportunities for the people of the Mexican border.
We hope our work provides opportunities in Mexico and prevents deaths in the desert from desperate people trying to illegally cross the border.