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Flor De Mayo 2 Group
In this Group: Jacoba, Clarita, Alberta , Inosencia , Eloisa, Oralia, Julia, Faustina, Eliz , Elizabeth, Soledad, Julieta
This Group is maD. up of 12 persons who are: Jovita, Clarita, Alberta , Inocencia , Eloisa, Oralia, Julia, Faustina, Eliz, Elizabeth , Soledad and Julieta. They all live in a settlement that is far from the municipal center in the state of Guerrero. Each has a small business: Jacoba is a fish and vegetable merchant. Clarita and Alberta sell fish. Inocencia sells fruit, Eloisa and Julia are seamstresses. Oralia sells candy and Faustina sells chickens. Eliz sells in a co-op and Elizabeth sells bread. Soledad sells nutritional products and Julieta sells women’s accessories.

Jacoba is married and has 5 children, who are 18, 17, 14, 11 and 10 years of age. She can read and write even though she did not finish school. She wants to buy a variety of different fruits, vegetables and fish. Because of her children’s expenses, she can’t afford to stock large quantities so, what little she sells, goes quickly. She wants to buy a variety of product so that she can sell more and earn more profits.

This is why she needs the loan: to invest in the purchase of various fruits, vegetables and fish. This way she will have more profits and that will help her with her children’s expenses.

To date, she is at peace with the group since they all know each other very well. She is happy with the loan that she will have granted because she has worked with other companies and she is seeing the big difference in interest percentage that they charge.
View original language description ↓
Este grupo esta integrado por 12 personas las cuales son : Jovita, Clarita, Alberta , Inocencia , Eloisa, Oralia, Julia, Faustina, Eliz, Elizabeth , Soledad y Julieta todas ellas viven en un poblado alejado D. la cabecera municipal en el estado D. guerrero, cada una D. ellas tienen sus pequeños negocios , Jacoba se dedica a la compra y venta D. pescado y verduras, Clarita y Alberta venden pescado, Inocencia venD. frutas, Eloisa y Julia son costureras, Oralia venD. dulces , Faustina, polL.; Eliz venD. en una cooperativa, Elizabeth venD. pan , Soledad, productos nutricionales y Julieta venD. accesorios para dama.

La señora Jacoba es casada tiene 5 hijos D. 18,17,14,11,y 10 años. Sabe leer y escribir aunque no termino la escuela, lo que ella quiere es comprar diferentes frutas y verduras asi como ditistos pescados. Ya que no se surte mucho por sus gastos para sus hijos y lo poco que venD. lo termina rapido, y ella quiere comprar variedad para que venda mucho y tenga mas ganancia.

Es por eso que necesita el prestamo para invertirlo en comprar diferentes frutas y verduras asi como distintos pescados ya que asi tendrias mas ganancias y asi se ayudaria mejor con L. gastos D. sus hijos.

Hasta ahorita esta tranquila con el grupo ya que todas se conocen bien , y esta muy contenta con el credito que se le otorgara ya que a trabajado con otras compañias y esta viendo la gran diferencia del porcentaje que cobran.

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

  • $15,600
    Average annual income
  • 14
    View loans »
    Mexico Loans Fundraising
  • $18,777,525
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Mayo 2 Group's $3,775 loan helped a member to buy vegetables and fish.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2010
Listed
Mar 1, 2010
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010