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Las Orquideas Group
In this Group: Dolores , Maria Guadalupe , Eva , Graciela
This community bank is called Las Orquideas (The Orchids). It is located in the community of Jaloxtoc, in the city of Ayala, which is in the state of Morelos, Mexico. It consists of four members, who are women and are neighbors.

The members of the group are: Dolores B. V., who is going to use her loan to buy men's and women's perfumes to fill the orders she has received from catalog sales; Señora María Guadalupe F. C. is going to buy chicken to sell by the piece; Señora Eva Barragán A. is going to buy sheets and bedspreads to fill her catalog orders; Señora Graciela H. M. is going to buy soft drinks and vegetables to increase her business, which is selling Mexican snacks and clothing through door-to-door sales.

Señora Graciela is 35 years old. She studied in the open junior high school for one year and obtained her certificate. She is married and has 3 children: René Josué is 14 and is in secondary school; Andrés is 13 and is in secondary school; and Anai is 11 and is in primary school. Señora Graciela has two businesses; she sells clothing door-to-door and she sells snacks such as tostadas, prepared chicharrones, and tamales. She is applying for the loan to increase her business. She is going to buy soft drinks and vegetables to prepare the snacks that she sells. In her clothing business, she offers her customers shoes and clothing such as pants, blouses, handkerchiefs and skirts. She began her business a year ago. She was instructed by Señora Guadalupe, who is also a member of the group and invited her to join. Señora Graciela liked it and decided to sell clothing door-to-door. Her husband lent her the money to buy the clothing, and she remembers that when she began to sell she was very happy. Her business is important because it has helped her earn money and they are better off, and it is a help when they need to buy something. Her favorite part of her business is when she goes out to offer clothing to her customers because it is relaxing and she meets more people. She calls on 20 to 25 customers a day. In addition, she feels proud when she makes sales and has money. She uses the earnings from her business to improve her house and to buy more clothing to sell. She wants to buy a three-wheeled vehicle to use in transporting her merchandise, and she thinks she can do it with loans. Her children help her in her business. When she sells tostadas, they help her carry her things to the corner, because not many people pass by her house. The improvements that she wants to do on her house are to finish the bathroom and tile it. Her plans and hopes are that her family will live better and that her business increases. Señora Graciela is very happy with the loan that she will receive because it is going to increase her business. Her goals for her children are that they excel and that they study for careers so that they live better. This loan will help her because she knows how to make good use of it.

The members of the group want to say to Kiva and Fundación Realidad (Reality Foundation) "many thanks for having confidence in us and lending us the money to excel in our businesses." Jaloxtoc is a pretty, peaceful, united, and community-minded town. The climate is warm.
View original language description ↓
Este grupo solidario se llama Las Orquídeas, se encuentra localizado en la comunidad de Jaloxtoc, Cd. Ayala, en el estado de Morelos, México. Está conformado por 4 integrantes mujeres que son vecinas, las integrantes del grupo son: **Dolores B. V. va a comprar con su préstamo perfumes para dama y niño para surtir sus pedidos de venta por catalogo. **La señora María Guadalupe F. C. va a comprar pollo para vender por pieza **La señora Eva Barragán A. va a comprar sabanas y colchas para surtir sus pedidos de venta por catalogo. **La señora Graciela H. M. va a comprar refrescos, verduras para incrementar su negocio de antojitos mexicanos y ropa para su negocio de venta de ropa ambulante. La señora Graciela tiene 35 años de edad, ella estudio la secundaria abierta en 1 año obtuvo su certificado, es casada y tiene 3 hijos: René Josué tiene 14 años está estudiando la secundaria, Andrés tiene 13 años está estudiando la secundaria y Anai tiene 11 años está estudiando la primaria. La señora Graciela tiene su negocio de venta ambulante de ropa, venta de tostadas, chicharrones preparados, tamales y solicitó su préstamo para hacer más grande su negocio va a comprar refrescos y verduras para preparar sus alimentos. Ella ofrece a sus clientes zapatos, ropa, pantalones, blusas, sudaderas y faldas, inicio con el negocio hace 1 año, le enseño la señora Guadalupe que también es integrante del grupo, la invitó, le gusto y se decidió por la venta de ropa ambulante, su esposo le prestó para comprar la ropa y recuerda que cuando comenzó a vender estaba muy contenta. Su negocio es importante porque le ha ayudado, han ganado estamos mas bien y es una ayuda cuando se necesita comprar algo de ahí toma, su parte favorita de este negocio es cuando sale a ofrecer la ropa con sus clientes porque se distrae y conoce a más personas, sus clientes son sus vecinas, habitantes del mismo pueblo, atiende de 20 a 25 clientes por día. Y se siente orgullosa cuando vende y tiene dinero. Las ganancias del negocio las utiliza en mejorar su vivienda, para compara más ropa. Ella quiere comprar un triciclo para utilizarlo en transportar la mercancía y lo piensa lograr con los créditos que le proporcionan. Sus hijos le ayudan en el negocio, cuando vende tostadas le ayudan a llevar a la esquina las cosas porque donde vive no pasa mucha gente. Las mejoras que desea hacer a su vivienda es acabar de arreglar su baño, ponerle azulejo, sus planes y esperanzas son que su familia viva mejor y agrandar el negocio. La señora Graciela está muy feliz con el préstamo que va a recibir porque va a agrandar su negocio y quiere vender refrescos. Las mejorías que desea para sus hijos son que se superen que estudien una carrera para vivir mejor, este préstamo le va a ayudar sabiéndolo aprovechar. Los integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “muchas gracias por confiar en nosotras y prestarnos el dinero para superarnos en nuestros negocio.” Jaloxtoc es un Pueblo bonito, tranquilo, unido, solidario, el clima es cálido

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
  • 8
    View loans »
    Mexico Loans Fundraising
  • $17,540,000
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Orquideas Group's $1,525 loan helped a member buy soft drinks and vegetables for her Mexican snacks business and buy clothing to stock her door-to-door clothing sales business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2010
Listed
Nov 30, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011