by Bill | Jul 29, 2020 | charity, Mexico
Background Where are you from? I am originally from a little town in Minnesota – St. Michael, Minnesota. I left that community when I was around 19 and lived in different parts of the country. I grew up on a farm. How long have you been in Tucson? I am going on my...
by Bill | Aug 21, 2015 | charity, Mexico, microcredit, microfinance
In addition to supporting Cimarron and EnComun, ProMex Group is now supporting FinReg. All three are microfinance (microcredit) organizations work to support small business development in the northern Mexican state of Sonora (bordering with the US). We are glad to...
by Bill | Nov 28, 2014 | charity, Mexico, microcredit, microfinance
The results of a randomized impact study done in Nogales, Agua Prieta and Caborca are in and they can help us determine how to best serve our clients. Win Some Lose Some? Evidence from a Randomized Microcredit Program Placement Experiment by Compartamos Banco Manuela...
by Bill | Nov 28, 2014 | borrower profile, charity, Mexico, microcredit, microfinance
Teresa Garcias runs a small grocery store (a miscellaneous store) in Nogales, Mexico. She buys products in bulk and sells them in her neighborhood. She has been living in Nogales for 19 years and started working with ProMex Group in 2006. Her current loan is for...
by Bill | Nov 28, 2014 | borrower profile, charity, Mexico, microcredit, microfinance
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...
by Bill | Nov 28, 2014 | borrower profile, charity, Mexico, microcredit, microfinance
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...
