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La Huizachera Group
In this Group: Maria Guadalupe, Reyna , Josefina, Lucia, Maria De Los Angeles
This community bank is called 'La Huizachera'. It is located in the community of Nueva Olintepec, in Ciudad Ayala, in the State of Morelos, Mexico. The group has 5 female members who know each other and are neighbors. They are:

** Mrs María Guadalupe G. C. who will use her loan to buy milk by the crate, flour in bulk – 10kg, sugar in bulk, baking tins and iron cake stands for her cakes.

** Mrs Reyna S. Ramírez who will buy corn in bulk and have maintenance work done on her three-wheeled cart (which is the vehicle she sells from).

** Mrs Josefina M. Sánchez who will buy merchandise such as soap, oil, diapers, coffee, soft drinks, water and sugar in bulk to stock her grocery store.

** Mrs Lucia M. Sánchez who will buy boxes of merchandise wholesale: tomatoes, serrano chili peppers and jalapeños

** Mrs María de los Ángeles Rodríguez R. who will buy merchandise: vegetables, tomatoes, chili peppers, rice, onion, corn, oil, and soup pasta so that she can make her Mexican 'antojitos' (traditional Mexican snacks generally sold at street stands).

Mrs María Guadalupe G. C. is a member of the group. She is 47 years old and studied up to the third year of her secondary education. She is married and has 3 children: José Ramón is 26 and works, Maritza is 20 and works and Pedro Ivan is 18 and he is studying computer engineering.

Mrs María Guadalupe has a confectionery and desserts business. She requested this loan so that she could stock up with ingredients such as flour, sugar, boxes of condensed milk, peaches, eggs, whipped cream, jam and chocolate for making her cakes and desserts to sell in December and January which is when people buy her cakes the most.

María Guadalupe started her business 9 years ago although she learned when she was in high school. There they taught her to make cupcakes, cakes, desserts, pineapple 'carlotas' and 'niño envuelto' (literally 'wrapped child', a type of jelly roll / Swiss roll). She has loved making these since she was a child and her family suggested that she sell them. She started selling 'panques de naranja con nuez' (a type of orange sponge cake with nuts).

At the beginning, her husband gave her money to buy her ingredients, then she started group saving with her neighbors (this is a very informal and traditional way of saving in Mexico). She saved up so that she could buy from large stores. She bought by the box load which helped her to make more profit. Her customers are her neighbors, family members and other people who her customers recommend her to.

Once a young boy bought a cake from her for another community in Cuautla. Now there are people who travel from Cuautla to Maria Guadalupe's town only to buy cakes from her. The business is important to her because it has allowed her to help her husband, to help her children when they were studying at school, and to contribute to household expenses. The business also makes her feel very proud because when it is one of her children's birthdays, or her husband's or some family member of her husband's, they give them a cake and no longer buy one. This makes her feel very satisfied indeed.

When they once had problems at home and things weren't going very well she managed to cover their food expenses and their household expenses and she didn't have to ask her husband for any money. Her business is popular because people always find her quickly. They ask for “Lupita de los pasteles” (Lupita the cake lady) and find her easily. The challenges which she faces in her business are that sometimes she doesn't have the money she needs to stock her business. This is the reason she left the group saving process and looked for a loan instead because she wanted to be able to buy enough ingredients to that she could sell her cakes in the months of December and January. With the profits from her business, she invests some, pays off her loan, buys supplies and buys food. She would like to rent premises and set up a refrigerator display case but her husband tells her to wait and he will help her. Maria Guadalupe's husband helps her in her business. He helps to buy the things that she needs.

Olintepec is a town which is still very rural. It is also a tourist area. There are springs which bring forth water and the Axocoche and Colibrí spas. The streams of these spas pass through Olintepec where their water is used to irrigate crops in the fields.

Maria Guadalupe would like to make some improvements to her home. She would like to plaster her house but that will have to happen later. Her dreams are to have an established business and to have premises in a busier area, where more people pass by. Right now she has her customers but she would like to have an established business. The improvements that she would like to make for her children's future is for them to be able to live more comfortably and for her youngest son, who is single, to finish his studies. She plans to achieve all this by being persistent, selling her products and doing her best.

Maria Guadalupe is happy to know that people around the world are helping her group and have faith in them. “Thanks to your support we will do well”, she says. The members of the group would like to say to Kiva and Fundación Realidad “Many thanks for your support. Thank you for this opportunity to grow our businesses and thank you for having faith in us. We will make our repayments on schedule so that you support us again in the future. Thank you very much”.
View original language description ↓
Este grupo solidario se llama La Huizachera, se encuentra localizado en la comunidad de Nueva Olintepec, Cd. Ayala, en el estado de Morelos, México, este grupo está conformado por 5 integrantes mujeres que se conocen y son vecinas, ellas son:
**La señora María Guadalupe G. C. que va a comprar con su préstamo leche por caja, harina por bulto de 10 kg., bulto de azúcar, moldes, bases de herrería para sus pasteles.
**La señora Reyna S. Ramírez va a comprar elotes por bulto y va a darle mantenimiento a su triciclo (que es el vehículo donde vende.
**La señora Josefina M. Sánchez va a comprar mercancía jabón, aceite, pañales, café, refrescos, agua, azúcar por bulto para surtir su tienda de abarrotes.
**La señora Lucia M. Sánchez va a comprar mercancía por caja y por mayoreo de jitomate, tomate, chiles serranos y jalapeños.
**La señora María de los Ángeles Rodríguez R. va a comprar mercancía, legumbres, jitomates, chiles, arroz, cebolla, maíz, aceite, sopas en pasta para elaborar sus antojitos mexicanos.
La señora María Guadalupe G. C. es integrante del grupo ella tiene 47 años de edad , estudio hasta el 3° año de secundaria; ella es casada tiene 3 hijos: *José Ramón tiene 26 años y trabaja, *Maritza tiene 20 años y trabaja y *Pedro Ivan tiene 18 años de edad está estudiando en el tecnológico ingeniero es sistemas computacionales.
La señora María Guadalupe tiene su negocio de pastelería y postres, ella solicitó su préstamo para surtirse de la materia prima como: harina, azúcar, cajas de leche condensada, duraznos, huevos, chantillí, mermelada y chocolate para la elaboración de sus pasteles y sus postres para las ventas de diciembre y enero que es cuando más compran sus pasteles.
Ella inicio su negocio hace 9 años, aunque aprendio a realizar ésta actividad desde que iba en la secundaria, ahí le enseñaron a hacer panquesitos, pasteles, postres, carlotas de piña, niño envuelto. Desde muy chica le gusto y en su casa le sugierieron venderlos, así empezó vendiendo panques de naranja con nuez.
Al principio su esposo le dio para la materia prima, después ahorraba con sus vecinas en tandas (una forma muy informal y tradicional de ahorrar en México) ahorraba para comprar en tiendas grandes, compraba por caja y le quedaba más ganancia. Sus clientes son sus vecinos, familiares y otras personas que sus clientes le van recomendando.
Una vez un muchacho le compró un pastel para otra comunidad en Cuautla, desde ahi, hay gente que viaja de Cuautla al pueblo de Maria Guadalupe solo para comprarle pasteles a ella.
Este negocio es importante porque de ahí le ha ayudado a su esposo, a sus hijos cuando estudiaban en la escuela y gastos de la casa.
Le ayuda a su esposo, este negocio le da gran orgullo cuando es cumpleaños de sus hijos, su esposo o de algún familiar de su esposo ellos le regalan el pastel y ya no lo compran, le da gran satisfacción.
Cuando en una ocasión tuvieron un problemas en su casa y las cosas no estaban muy bien ella estuvo solventando los gastos de la alimentación y de la casa y no le pedía dinero a su esposo. Su negocio es popular porque la encuentran más pronto a ella, preguntan por "Lupita de los pasteles" y la encuentran más fácil, los desafíos que enfrenta el negocio son que hay veces que no tiene el dinero necesario para surtirse por eso ya dejo las tandas y mejor busco los préstamos y se le hace más fácil, la señora María Guadalupe se siente contenta y emocionada con el préstamo que le proporcionan por que va a poder comprar la materia prima y va a poder vender sus pasteles en este mes de Diciembre y Enero, las ganancias del negocio las va invirtiendo, para pagar el préstamo y para la materia prima y para la alimentación. Ella quiere rentar un local y poner su vitrina como refrigerador pero su esposo le dice que se espere que después él le puede ayudar.
Su esposo le ayuda en el negocio le va a comprar las cosas que le hagan falta.
Olintepec es un pueblo donde todavía es campo y es zona turística hay manantiales donde nace el agua esta el balneario el Axocoche y el Colibrí y sus arroyos de estos balnearios donde nace el agua pasan por la olintepec donde utilizan el agua para los riegos de los sembradíos. Las mejorías que desea hacer a su viviendo es repellar su casa pero será más adelante y sus sueños son tener su negocio establecido, quiere un local donde sea más transitado, donde pase mas gente; ahorita ya tiene sus clientes pero si le gustaría un negocio establecido. Las mejoras que desea lograr para el futuro de sus hijos son vivir más desahogados y que termine sus estudios su hijo más pequeño que es soltero y lo piensa lograr siendo constante, vendiendo y echándole ganas. A ella le da gusto saber que personas alrededor del mundo les ayudan y les tienen confianza "gracias al apoyo de ustedes también nosotros nos beneficiamos", las integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “muchas gracias por sus apoyos, gracias por la oportunidad de hacer más grande nuestros negocios, por tener confianza, nosotros vamos a cumplir llevando los pagos como debe de ser para que nos vuelvan a apoyar, 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

  • $15,600
    Average annual income
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,761,850
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Huizachera Group's $1,375 loan helped a member to buy flour, sugar, a box of milk, a box of Carnation condensed milk, peaches in syrup, eggs, whipped cream, jam and chocolate.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011