10/02/2026
A Word From the President
At one of their weekly meetings, the savings group president surprised everyone with a bold suggestion: “Why don’t we start giving each other loans with the money we’ve saved?” Until then, the group had focused solely on disciplined weekly deposits, building consistency and trust. His idea sparked immediate interest, opening the door to a new way of strengthening their community.
In rural Mexico, families often face crushing debt from local lenders who charge 15–20% interest each month. Enrique’s proposal offered a way out: instead of feeding that cycle, members could lend to one another at fair rates, keeping money in the community and collectively multiply their savings. With the facilitator’s guidance, the group transitioned from a Straight savings group into an ASCA — Accumulated Savings and Credit Association.
A year and a half later, every member has had the chance to borrow from the group. What began as a daring experiment has become a source of joy and empowerment for their church community.