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Splash Group
In this Group: Elias, Deisy, Adriana, Erika Danilu, Oscar, Maria De Los Angeles, Rosa Maria, Cristian Enrique, Nancy, J. Jesus , Ana Gema, Maria Guadalupe
This communal bank is named "Splash" after the car wash business belonging to one of the members which they decided would make a memorable name for their group as well. This group is located in the municipality of Zitacuaro in the State of Michoacán. It is made up of 12 members.

The group's representative is María de los Ángeles R. Ángeles. She is 44 years old and married to Rafael who is a truck driver. They have three children but only two live with them, Guadalupe, 19, and Lucero, 14, who is a middle-school student. Rosa comments that her daughter Guadalupe did not continue in her high school studies this year for lack of resources. She comments that she did not have enough money for enrollment and school fees because her daughter-in-law had to have an operation and the hospital bill was very high. Ms. Ángeles is seeking her loan to invest in her clothing business. She says her best-sellers are ladies' jeans and she also sells socks and underwear for women and children. She comments that she is putting a lot into her work because she wants her daughter to go back to high school and not keep missing years. She sells her clothing to her customers at their homes and she also sells prepared suppers on the weekends. Right now one of her goals is to acquire more customers and to start selling at the open-air markets in surrounding areas. Her dream is to start a paper and gifts business in her home so that she may keep up with her home and daughters.

Nancy Martínez García is a member of "Splash". She is 22 years old and studies Education at the UPN (National Pedagogical University) in the Municipality of Zitacuaro of the State of Michoacán. Although she has not yet graduated she is getting together the money to graduate as it is quite expensive. She has an eighteen-month-old daughter named Jimena. Nancy is a single mother and very hard-working. She sells plastic products such as buckets, trash cans, tubs, scrubbers, brooms, mops, hangers etc. She sells her products at the open-air markets of Zitacuaro. She decided to start this business in order to support her small child and to save up for obtaining her degree. She also says that her customers come looking for her at home to buy from her. She is seeking this loan to invest in plastics and hopes also to sell cleaning products such as soap, shampoo, fabric softeners, bleach and other products. Her hope is to be able to graduate and make her business stable if possible in her home.

The other ten members are Elías R. Rodríguez, Deisy M. Leyva, Adrian M. Leyva, Erika Danilu Martínez García, Oscar Solís Martínez, María de los Ángeles R. Álvarez, Rosa María Martínez García, Cristian Enrique Álvarez Muñoz, Nancy Martínez García, J. Jesús Álvarez Hurtado, Ana Gema R. Coria, and María Guadalupe A. R.. They want the loans to invest in food sales, costume jewelry, clothing and plastics sales, an electrical workshop, furniture etc.
View original language description ↓
Este unidad de desarrollo (UDE) se llama “SPLASH” ellos le pusieron a su grupo así porque uno de los integrantes del grupo tiene un auto lavado llamado Splash y para que no se les olvidara el nombre del grupo decidieron ponerle de esa manera. Este grupo está ubicado en el municipio de Zitacuaro en el Estado de Michoacán. El grupo está conformado por 12 integrantes.

La representante del grupo se llama María de los Ángeles R. Ángeles, ella tiene 44 años de edad, está casada con el señor Rafael quien es chofer de camiones de carga, ellos tienen 3 hijos, pero nada más dos viven con ellos Guadalupe de 19 años y Lucero de 14 años quien estudia la secundaria, Doña Rosa comenta que su hija Guadalupe ya no siguió estudiando este año la preparatoria por falta de recursos comenta que no tubo dinero suficiente para la inscripción y colegiatura, porque a su nuera la tuvieron que intervenir quirúrgicamente y tuvo gastos muy fuertes en el hospital. Doña Ángeles está pidiendo su préstamo para invertir en su negocio de ropa y dice que lo que más vende son pantalones de mezclilla para dama, también vende calcetas y ropa interior para dama y niñas. Ella comenta que le esta echando muchas ganas a su trabajo ya que quiere que su hija entre a la preparatoria y no siga perdiendo años, ella vende su ropa a sus clientas y ofrece en las casas y que también los fines de semana vende cena. Ahorita uno de sus propósitos es aclientarse y vender también en los tianguis de las localidades aledañas a la población y su sueño es poner un negocio en su casa de papelería y regalos para estar al pendiente de su casa y de sus hijas.

Nancy Martínez García, es parte del grupo “SPLASH” tiene 22 años y termino sus estudios de Licenciada en Educación en la UPN (Universidad Pedagógica Nacional) en el Municipio de Zitacuaro del Estado de Michoacán, aunque todavía no se ha titulado ella esta juntando dinero para titularse ya que le sale muy caro, tiene una niña de un año y medio llamada Jimena, Nancy es madre soltera y es una mujer muy trabajadora, ella se dedica a vender productos de plástico como son cubetas, botes de basura, tinas, fibras, escobas, trapeadores, ganchos etc., ella vende sus productos en los tianguis de la población de Zitacuaro, ella decidió emprender este negocio para mantener a su pequeña hija y para ahorrar para su titulación, también dice que en su casa van sus clientes a buscarla para comprarle productos. Ella está solicitando su préstamo para invertir en plásticos y quiere vender también lo que son productos de limpieza como son jabón, shampoo, suavizante de telas, cloro y otros productos más, su esperanza es poder titularse y hacer su negocio estable si es posible en su casa.

Los otros 10 integrantes se llaman Elías R. Rodríguez, Deisy M. Leyva, Adrian M. Leyva, Erika Danilu Martínez García, Oscar Solís Martínez, María de los Ángeles R. Álvarez, Rosa María Martínez García, Cristian Enrique Álvarez Muñoz, Nancy Martínez García, J. Jesús Álvarez Hurtado, Ana Gema R. Coria, María Guadalupe A. R., ellos quieren los préstamos para invertir en venta de comida, bisutería, venta de ropa y plásticos, taller de electricidad, mueblería etc.

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
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 12.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Splash Group's $3,250 loan helped a member to purchase clothing such as pants, socks, blouses and underwear for children.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 25, 2010
Listed
Oct 28, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2011