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Estrella Group
In this Group: Norma , Angelica Maria , Luz Maria , Mercedes , Francisca Clara , Patricia Carolina *, Hipolita, Maria Guadalupe , Amanda*, Ignacia
* not pictured
Sra. Ignacia M. S. (in the red blouse) is 44 years old and returned to school where she finished her training as a technical nurse. She also has a vending stall where she sells products grown by her family. Doña Ignacia is in a common law marriage with Sr. Juan Miguel Martínez, who also sells fruits and vegetables. They have 3 children, two in elementary school and the other in high school. She lives at Avenue 4 Lot 35 in the Moctezuma settlement of the city of Orizaba VeraC.. Doña Ignacia tells us that her community is peaceful and well managed, and that most of the residents have their own businesses. It is one of the oldest settlements in the city of Orizaba and has a rich tradition as well as a great atmosphere that prevails throughout the community.


Doña Ignacia learned about Fundación Realidad through friends and was encouraged to organize a group, which was named “Estrella” (Star). She saw this was a great opportunity to grow her business because she wanted to add groceries to the products she offers. She will use her loan to buy fruit (apples, bananas, pears, and oranges), vegetables (tomatoes, peppers, onions, potatoes, carrots, and lettuce), and groceries (oil, rice, paper, soap, and mayonnaise).


The “Estrella” Group is composed of 10 women who have been friends for a long time and meet on the weekends. They are requesting a loan so that they can improve the quality of life for themselves and their families. Most of them sell products by catalog, but others sell clothing, snacks, and natural yogurt.


Doña Ignacia is very pleased with her loan because she will be able to offer a variety of fruits, vegetables and groceries and give her customers more choices. She will be able to get better returns which will enable her to repay her loan and improve the quality of life for her children.


The dream of Doña Ignacia is to provide for her children so that they can finish their studies. She hopes to have her own vending location so that she can increase her earnings and expand her business by selling chickens. She is grateful to Kiva for helping ordinary people who are complete strangers. The assistance provided to these women help them have their own businesses and improve the quality of life for their families.

View original language description ↓
La señora Ignacia M. S. ( blusa roja) ella cuenta con 44 años de edad fue a la escuela donde termino la carrera técnica en enfermería , ella renta su local donde vende sus productos, ella se dedica a esa actividad por que viene de familia, vive en unión libre con el señor Juan Miguel Martínez que también se dedica a la venta de frutas y verduras y juntos ven por sus 3 hijos las dos pequeñas estudian la primaria y el niño la secundaria. Ella vive en la avenida 4 lote 35 de la colonia moctezuma de la ciudad de Orizaba VeraC., en esa comunidad nos relata doña Ignacia que la gente es muy pacifica, tratable y la mayoría se dedica al comercio. Esa es una de las colonias mas viejas de la ciudad de Orizaba y con mucha tradición por el gran ambiente que se vive en la comunidad; Doña Ignacia supo de FRAC por medio de amistades y fue así como se animo a organizar un grupo llamado Estrellaspues vio que era una gran oportunidad para que su negocio creciera ya que ella quiere meter abarrotes a sus ventas, ella va a utilizar el dinero del préstamo para comprar frutas (manzana, plátano, tunas, naranja ) verduras (jitomate, chile, cebolla, papa, tomate, zanahoria, lechuga) abarrotes ( aceite, arroz, papel, jabón, mayonesa).

El grupo Estrella esta conformado por 10 señoras que llevan una amistad desde hace mucho tiempo, el fin de reunirse y solicitar su préstamo es el de mejorar su calidad de vida de ellas y de sus familiares. En su mayoría ellas se dedican a la venta de catalogo, pero también hay quienes venden ropa, antojitos yogurt natural.

Doña Ignacia esta muy contenta ya que al recibir su crédito va a poder tener variedad de frutas, verduras y abarrotes y así sus clientes van a tener mucho mas surtido para escoger además de que podrá obtener mejores ganancias y así podrá pagar el préstamo y mejorar la calidad de vida de sus hijos.

El sueño de doña Ignacia además del bienestar de sus hijos es que ellos terminen sus estudios y el de tener su propio local para que así sus ganancias sean mayores y pueda aumentar a su actividad la venta de pollo.
Ella agradece a Kiva que ayuda a la gente humilde a pesar de no conocerlas y en especial la ayuda que ofrecen a las señoras que tienen una actividad económica para mejorar la calidad de vida de la Familia.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mexico

  • $11,249
    Average annual income
  • 11
    View loans »
    Mexico Loans Fundraising
  • $18,605,350
    Funds lent in using Kiva
  • 13.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Estrella Group's $2,775 loan helped a member purchase fruits, vegetables, and groceries to offer a variety of products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 25, 2009
Listed
Sep 10, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010