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El Tamarindo Group
In this Group: Araceli *, Margarita, Juana, Sacaria, Dulce Maria, Oralis, Noelia*, Lilia Minerva, Aracely, Maria Magdalena
* not pictured
This group is called "El Tamarindo" because the group members meet weekly under a leafy tamarind tree to make their payments. There are 10 members, all of whom are women. They are Rosa, Martha, Maria Magdalena, Araceli, Sacaria, Juana, Dulce Maria, Oralis, Noelia, and Lilia. They all live in the town of Florencio Villarreal in the state of Guerrero. They run their own small businesses. Rosa and Martha sell clothes; Maria Magdalena and Margarita sell tamales; Araceli, Sacaria and Juana buy and sell fish; Dulce Maria runs a butchers shop; Oralis runs a shoe shop; Noelia sells food; and Lilia sells perfume. All of them say that they help a lot with their sales.


Areceli is 25 years old and is married. She did not finish primary school, but she can read and write. She is the mother of 3 children, the oldest is 11 and has finished primary school, and the others are 10 and 2 years old. She sells fish in the market. As she lives far from the town center she rents business premises.


She says that her business gives her good results, but her premises are very small and she wants this loan in order to extend them and adapt them to her needs for selling to her customers and later to remodel her business equipment so she can have more space and more customers.

View original language description ↓
Este grupo se llama El tamarindo se llama asi por que las integrantes del grupo se reunen semanalmente bajo un arbol frondoso de tamarindo para que realicen sus pagos. Esta integrada por 10 personas todas son mujeres y son Rosa , Martha, Maria Magdalena, Araceli, Sacaria, Juana, Dulce Maria, Oralis, Noelia y Lilia todas viven en el municipio de florencio villarreal en el estado de guerrero. Tienen sus pequeños negocios, como Rosa y Martha venden ropa, Maria Magdalena y Margarita tamales, Araceli, Sacaria y Juana compra y venta de pescado, Dulce Maria carniceria, Oralis zapateria, Noelia comida y Lilia perfumes. Todas ellas comenta que se ayudan mucho con sus ventas.

La señora Areceli M. L. tiene 25 años de edad es casada, estudio primaria no la termino pero sabe leer y escribir es madre de 3 hijos el mayor tiene 11 años ya va a terminar la primaria, la otra tiene 10 y 2 años , ella vende pescados en el mercado ya que vive lejos del centro es por eso que renta un local .

Ella comenta que su negocio le da buenos resultados pero es muy pequeño el local es por eso que quiere prestamo para ampliarlo y adecuarlo a sus necesidades de venta para los clientes y posteriormente remodelar su equipo de trabajo y asi tener mas espacio y mas clientes .

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
  • 26
    View loans »
    Mexico Loans Fundraising
  • $18,007,650
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Tamarindo Group's $3,450 loan helped a member to extend her business premises.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010