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Arcoiris Group
In this Group: Gregoria, Noralit, Janet , Barbara, Martha
GRUPO ARCOIRIS (“Rainbow”)

The group chose the name Arco Iris (“rainbow” for the group because it seemed very happy and because it inspires them to think that each day will be better. The group is based in the town of Jantetelco Morelos, where all of the members live: Gregoria A. C. makes a living preparing food for banquets, Noralit Marín H. sells Tupperware, Janet V. Aragón sells prepared prickly pears and pigs’ feet in vinegar. Bárbara Domínguez T. has a small car wash. Martha B. González sells different kinds of sandwiches.

Gregoria, or ‘Gollita’ as she is known, is widowed and lives with 2 granddaughters who are in her care: Kenia Jaquielin Benítez A. and Laura Jayún Benítez V. are both currently in secondary school. She has 5 children: Enrique, Salvador, Guadalupe, Georgina, and Alejandra, all of whom are adults and are already married. Two of her children are in the United States, since they needed to emigrate.

For 40 years she and her husband made a living selling food such as “mixiotes” (steamed individual meat stews wrapped in a maguey leaf), barbecued pork, and slow cooked meat. Gregoria maintains the business to this day. She is asking for a loan so that she can purchase the ingredients she needs in order to sell her food. She is requesting this loan because she invested her earnings from her business when she began selling groceries, since the only store in her town is very far away. She therefore saw the business opportunity and started up her store.

When she started her grocery store she was left without money to invest in her food sales, and that is why she is requesting the loan.

Gollita dreams of turning her land into an animal farm.

Gollita and the others are greatly benefiting from the loan, which they will use to purchase more utensils, livestock products, and vegetables, etc. They are very pleased to be receiving economic help from Fundacion Realidad and Kiva for the first time. They are grateful that they would not be charged interest and could keep working with the institution, and they will not let the institution down. Many thanks!
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GRUPO ARCOIRIS (FLAT)

Le pusieron arco iris al grupo por que les pareció muy alegre y por que les inspira que cada día será mejor, es en la localidad de Jantetelco Morelos y de donde ellas son residentes: Gregoria A. C., se dedica a la elaboración de comidas para banquetes, Noralit Marín H. vende topper ware, Janet V. Aragón vende nopalitos preparados y patitas de cerdo en vinagre, Bárbara Domínguez T. cuenta con un pequeño lavado de autos, Martha B. González ella vende Tortas de varios ingredientes.

La señora Gregoria, o Gollita como la conocen, es viuda con ella viven 2 nietas que están a su cargo: Kenia Jaquelin Benítez A. y laura jayún Benítez V. ambas estudian actualmente la secundaria, tiene 5 hijos Enrique, Salvador, Guadalupe, Georgina, Alejandra todos mayores de edad y ya casados, únicamente 2 de ellos están en estados unidos, pues tuvieron la necesidad de emigrar.

Ella junto con su esposo hace 40 años se dedicaban a la venta de comidas para como: mixiotes, carnitas de puerco, barbacoa y hasta la fecha continua con esta actividad, ella solicita un préstamo para comprar los ingredientes necesarios para seguir con la venta de comidas. Ella solicita éste préstamo debido a que las ganancias que había tenido de éste negocio las invirtió en iniciar la venta de abarrotes por que la única tienda que existe en su comunidad les quedaba muy lejos, entonces ella visualizó la oportunidad de negocio y comenzó con su tienda.

Así al iniciar el negocio de la tienda de abarrotes se quedó sin dinero para invertir en la venta de comida, es por ello que solicita el préstamo.

Doña Gollita sueña con poder acondicionar bien su terreno como criadero de animales.

A ella y a las demás les beneficia mucho el crédito por que con esto compraron mas utensilios, producto de ganado, verduras etc. Se sienten muy contentas por que recibieron por primera vez el apoyo económico por parte de Fundacion Realidad y Kiva, Agradecen que no les cobren interés y que les permitan seguir trabajando con la institución y que no los van a defraudar, muchas gracias.

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
  • 12
    View loans »
    Mexico Loans Fundraising
  • $17,551,825
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Arcoiris Group's $1,575 loan helped a member purchasing ingredients, goats and pigs for preparing food, and a small investment in a store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2010
Listed
Mar 7, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2010