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Flor De Jacinto Group
In this Group: Juana, María Dorys, Lucia, María Santos
Juana J. M. is 43 years old and is the representative of the enterprising family Flor de Jacinto; in this type of group the borrowers are family members but each one of them has his or her own business. Juana sells groceries. She started the business because her husband lost his job and then his severance pay was invested into the small business. The store is the principal source of income for the household and as an extra activity, her husband buys and sells wood; they invest approximately 5,000 pesos for each order of wood.


Juana has 3 children, one is at a university, one is in high school and one is in middle school. She needs the loan in order to buy rice, sugar, corn, beans, oil, milk and other basic products.


Juana wants her children to be able to finish their studies and for this reason she works with a lot of effort and dedication so they can have success in the future. She also earns income from raising pigs. She dreams of having a large grocery store in order to contend with the competition in her community.


Lucía G. R. belongs to Juana’s Group, she is 47 years old and sells pozol which is the traditional drink of the region as well as artisanal crafts ( bags, tortilla baskets, baby cradles and fans among other crafts) She started her pozol selling business approximately 20 years ago.


Luica needs the loan in order to buy corn, cacao and firewood to continue selling pozol. She also wants to buy a scale; for now, in order for her to complete her orders, she has to borrow a scale from a neighbor.


She has 3 children studying in university; for this reason she needs to invest more in her business. The purchase of the scale would make things easier so she wouldn’t have go to her neighbor’s house to weigh her products; her main clients are the people in her community.


Currently she sells her products at home and has dreams of having a place next to her home to set up her business.

View original language description ↓
Juana J. M. tiene 43 años, es representante de la Familia Emprendedora Flor de Jacinto; en este tipo de grupo los prestatarios son familiares pero cada uno de ellos tiene su propio negocio. Juana se dedica a la venta de abarrotes, inició con el negocio porque su esposo fue despedido e invirtió el dinero de la liquidación en su pequeño negocio. La tienda es la principal fuente de ingreso para su hogar y como actividad extra, su esposo se dedica a la compra-venta de madera; invierten aproximadamente 5,000 pesos por cada pedido de madera.

Juana tiene 3 hijos, uno de ellos en la universidad, otro en la preparatoria y el último en la secundaria. Necesita el préstamo para comprar arroz, azúcar, maíz, frijol, aceite, leche y otros productos básicos.

La señora quiere que sus hijos terminen su carrera y por eso trabaja con esfuerzo y dedicación para que tengan éxito en un futuro. También obtiene ingresos de la cría de cerdos. Ella sueña con tener una tienda de abarrote amplia para hacer frente a la competencia que enfrenta en su comunidad.


Lucía G. R., pertenece al grupo de Juana tiene 47 años y se dedica a la venta de pozol que es la bebida tradicional de la zona y a la elaboración de productos artesanales (bolsas, tortilleras, moisés y abanicos entre otros). Comenzó con el negocio de venta de pozol desde hace aproximadamente 20 años.

Lucía necesita el préstamo para comprar maíz, cacao y leña para seguir vendiendo pozol además quiere comprar una balanza ya que para realizar sus ventas tiene que pedir prestada la balanza a un vecino.

Tiene 3 hijos que estudian la universidad por lo que necesita invertir más en su negocio. Con la compra de la balanza se le facilitaría su actividad pues ya no tendría que desplazarse para pesar su producto en casa del vecino, sus principales clientes son las personas de la comunidad.

Actualmente ella vende sus productos en su casa y sueña con tener un local a lado de sus domicilio para establecer hay su negocio.

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
  • 22
    View loans »
    Mexico Loans Fundraising
  • $18,615,650
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Jacinto Group's $1,250 loan helped a member purchase basic products: sugar, rice, beans, salt, oil, soap, milk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2010