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...
by Bill | Nov 28, 2014 | borrower profile, charity, microcredit, microfinance
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...
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...
