Grameen de la Frontera

Borrower Financial Success Stories

Grameen de la Frontera is happy to be a part of enabling these poor women to become self-sufficient through personally owned businesses.  Every month, we will provide a short story showing the true success of our borrowers.  These "snapshots" will be updated every month - so make sure to keep checking!

April 2005

Alicia Nieblas Moroyoqui

Like many of her peers in Center #16, Alicia Nieblas Moroyoqui's only working experience before joining GDLF was in the fields.  With her first loan 4 years ago Sra. Moroyoqui opened a small tailor shop out of her home.  As her loans increased, so did Sra. Moroyoqui's drive to grow her business.  However, she could have hardly imagined that today she would be the proud owner of a home laundromat with four washing machines, an ambulatory gold and silver jewelry business, and a computer that she rents by the hour to schoolchildren for their homework and which she hopes to make internet accessible with her next loan.  Nor could she have known that she would be repaying $10,000 peso loans (approximately $1000 dollars) in six months, with bi-monthly installments of $1700 pesos (that is roughly equal to the bi-monthly salaries of the loan officers).  Like many mothers, Sra. Moroyoqui is most proud of her children.  Her oldest has returned to school to earn his high school diploma; her middle child is studying law at the University of Navajoa; and her youngest is finishing up high school.  Her husband told me that before Grameen they could barely make ends meet, and Sra. Moroyoqui explained that it was the earnings from her business that had allowed her to pay her children's school expenses as well as buy two new beds and a television  for the house.