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
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...
by Bill | Nov 28, 2014 | borrower profile, charity, Mexico, microcredit, microfinance
Maria Rosa Garcia sells new and used clothing. in Nogales, Mexico She buys clothing in US and resells in Mexico. She tries to buy seasonal items that will sell well and quickly. Her goal is to turn her inventory monthly. She has been in this business for four...
by Bill | Nov 28, 2014 | borrower profile, Mexico, microcredit, microfinance
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),...
by Bill | Nov 28, 2014 | borrower profile, charity, Mexico, microcredit
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...