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Microfinance Loan Program for Rural Mexican Women
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Teotitlan 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 Brenda Martinez Gonzalez grows cochineal bugs on the paddles of the nopal cactus. The bugs are dried, then crushed to make a natural red dye.
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