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Microfinance Loan Program for Rural Mexican Women
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Teotitlán del Valle, Oaxaca, Mexico - Rural women in the Tlacolula Valley of Oaxaca benefit from a microfinance loan program run by the nonprofit En Via Foundation. Women can get interest-free loans starting at 1500 pesos ($75 US) to start or expand a business. The organization also gives classes in business basics, English, and internet marketing. Microloan recipient Amelia Ruiz Gonzales is a weaver; she shows salt she uses to fix colors in the yarn she has dyed.
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