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Avenida Lopez Avelar Group
In this Group: Francisca, Marta , Angela, Tranquilina, Ma De Los Angeles, Eustolia, Josefina, Florencia Marta, Gloria Yecenia, Maria Eulalia, Amada, Maria De Jesus
You will find the village of Jantetelco, which belongs to the Jantetelco Moleros municipality, 28 km from the city of Cuautla. Josefina Binilla E., 43, lives there. She has been a widow since her husband died a year and a half ago. She has two children who live with her. Both of them go to school. Her daughter is taking an advanced hairstyling course. Her son goes to kindergarten.

Josefina has a grocery store called “Abarrotes Dona Jose”. She has been serving people for nine years. She had the idea to set up a store with her husband. They had some money saved, and they saw that there weren’t any stores on the street. The others were very out-of-the-way. She started her business with a small table with very few groceries. Little by little, it was growing into what it is now. Her store is located on the main street in Jantetelco, the Avenida Lopez A. No.1. Due to its good location and excellent service, many customers, from her village or others, come to her store every day.

Josefina is asking for a loan from the Fundación Realidad to buy sugar, bread, grain, oil, milk, eggs, potatoes (chips), canned goods, toilet paper, jugs of water, soft drinks, bottled water, and soaps, etc. In the future she hopes to make her store larger and to set up a stand where she sells fruit and vegetables.

She found out about FRAC from a friend who invited her to be part of a group. However, several months ago she had an operation and could not continue with FRAC. Now that she has recovered, she returns to ask for a loan to restock her store and have more products to offer her customers. Her group is called Avenida Lopez A., and it is comprised of 12 women.

Tranquilina F. Piña, La Sra. Angela C. Hernández, Francisca A. B., Marta R. L., Eustolia A. R., Amada M. C., and María De Jesús V. Aragón sell by catalog. Maria De Los Angeles A. C. sells farming products. Florencia Marta sells cloths in the street markets of the communities in the outskirts of her village. Maria Eulalia R. Jiménez has a clothing store. Gloria Yecenia sells food. Of course, Josefina is also in the group.

Josefina is grateful to KIVA and to FRAC for the loans given to groups with hardworking and honest people like Josefina and her friends.
View original language description ↓
Ubicado aproximadamente a 28km de la ciudad de Cuautla se encuentra el poblado de Jantetelco perteneciente al municipio de Jantetelco Moleros, ahí vive la señora Josefina Binilla E. quien tiene 43 años de edad es viuda tiene año y medio que falleció su esposo tiene 2 hijos los cuales viven con ella y los dos estudian su hija esta tomando un curso de estilista mas avanzado y su niño va al kinder.

Doña Josefina tiene una tienda de abarrotes llamada “Abarrotes Dona Jose” tiene nueve años sirviendo a toda la gente, comenta que tuvo la idea de poner una tienda junto con su esposo ya que tenían un dinero ahorrado y vieron que no había ninguna tienda en la avenida y las otras estaban muy retiradas. Inicio su negocio con una pequeña mesa con muy pocas cosas de abarrotes y poco a poco la fue agrandando hasta la que tiene ahora. Su tienda se ubica en la avenida principal de Jantetelco, la avenida Lopez A. No.1, y debido a su buena ubicación y al excelente servicio, muchos clientes la visitan a diario, ya sea del mismo pueblo o de otros.

Doña Jose solicita un crédito a Fundación Realidad para comprar azúcar, jabón, pan, cereales, aceites, leche, huevo, papas (chips), enlatados, papel higiénico, garrafones de agua, refresco, agua embotellada, cloro, jabones, etc.

En el futuro ella espera hacer más grande su tienda y poner una recaudería donde venda frutas y verduras

Ella se entero se FRAC a través de una amiga quien la invitó a formar parte de un grupo, sin embargo hace unos meses fue operada y no pudo seguir con FRAC, ahora que ya está mas recuperada nuevamente vuelve a pedir un préstamos para resurtir su tienda y tener mas productos que ofrecer a sus clientes, así que forma un grupo llamado “Avenida Lopez A.” y que está formado por 12 mujeres:
La Sra. Tranquilina F. Piña, La Sra. Angela C. Hernández, Francisca A. B., Marta R. L., Eustolia A. R., Amada M. C., María De Jesús V. Aragón, se dedican a la venta a través de catálogos; la Sra Maria De Los Angeles A. C. se dedica a la comercialización de productos agrícolas; la Sra. Florencia Marta vende ropa en los tianguis de las comunidades aledañas a su pueblo, la Sra. Maria Eulalia R. Jiménez tiene una tienda de ropa y la Sra. Gloria Yecenia vende comida, y porsupuesto la señora Josefina.

Doña Jose agradece a KIVA y a FRAC por otorgar los prestamos y por en los grupos y personas trabajadoras y honestas como ella y sus amigas.

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
  • 5
    View loans »
    Mexico Loans Fundraising
  • $17,358,450
    Funds lent in using Kiva
  • 13.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Avenida Lopez Avelar Group's $4,450 loan helped a member buy sugar, rice, soft drinks, chips, milk, bread, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2009
Listed
Sep 20, 2009
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2010