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Las Malinches Group
In this Group: Adelaida , Herminia Veronica , Raquel , Genoveva , Anastacia , Consuelo
This solidarity group is called Las Malinches. It is located in the Tétela del Volcán community, in the state of Marelos, Mexico.

To stock their store, group members Adelaida and Raquel will use their loan to purchase soap, sugar, beverages, oil, milk, etc. Herminia and Genoveva will purchase fertilizer and insecticide to fumigate and treat their orchards so that they produce more fruit. Anastacia will purchase peaches and avocados. Consuelo will purchase feed to raise her pigs.

Adelaida is 66 years old, and has 10 older children that are married and working; they are as follows: Ofelia who is 48 years old, Raquel who is 47 years old, Roberto who is 46 years old, Albertico who is 44 years old, Evelia who is 42 years old, Victoria who is 40 years old, Ismael who is 38 years old, Fidencio who is 36 years old, Delfina who is 34 years old, and Edgar who is 32 years old. She has a small grocery store and an avocado orchard. She is requesting a loan to stock her store by purchasing merchandise, such as soap, oil, beverages, juices, snacks, corn, eggs, toilet paper, sardines, tuna, diapers, candles, candies, bread, etc. She thought to start this business 8 years ago, after her daughter gave her money which she used to purchase merchandise for her store. She also has an avocado orchard. When it is time to work in the orchard, she hires a laborer to fertilize and cut fruit. Her business is important because it allows her to earn income to eat, pay for expenses, and for when she falls ill. She is very excited about this loan because it will allow her to stock her store so that it looks nice and so that she has merchandise to offer her clients. She wishes to be in good health and that her children are happy and well.

The group members would like to tell Kiva and Fundación Realidad that, “we are very grateful to you for supporting us so that we can grow our businesses.”

The Tétela del Volcán area is cool, and there are many peach, avocado, pear, wild cherry, hawthorn, plum, and cuajinicuil fruit trees.
View original language description ↓
Este grupo solidario se llama Las Malinches, está localizado en la comunidad de Tétela del Volcán, en el estado de Morelos, México, está integrado por las señoras Adelaida y Raquel ellas van a comprar con su crédito jabón, azúcar, refrescos, aceite, leche, etc. Para surtir su tienda de abarrotes, las señoras Herminia y Genoveva van a comprar abono e insecticida para fumigar y darle mantenimiento a sus huertas y produzcan más fruta, la señora Anastacia va a comprar Durazno y aguacate, la señora Consuelo va a comprar alimento para criar sus cerdos, la señora Adelaida tiene 66 años de edad, ella tiene 10 hijos todos son mayores de edad ya se casaron y ya trabajan, ellas son Ofelia de 48 años de edad, Raquel de 47 años de edad, Roberto de 46 años de edad, Albertico de 44 años de edad, Evelia de 42 años de edad, Victoria de 40 años de edad, Ismael de 38 años de edad, Fidencio de 36 años de edad, Delfina tiene 34 años de edad y Edgar de 32 años de edad, ella tiene su tienda de abarrotes y sus huertas de aguacate, ella solicito su crédito para comprar mercancía jabón, aceite, refrescos, jugos, sabritas, Gamesa, maíz, huevo, papel higiénico, sardinas, atún, pañales, veladoras, dulces, pan, etc. Para tener surtida su tienda de abarrotes, ella inicio su negocio hace 8 años su hija le dio dinero y pensó en poner su negocio compro la mercancía para su tienda, ella también tiene su huerta de aguacate cuando hay que trabajar en las huertas contrata a un peón para que trabaje en las huertas abonando o cortando la fruta. Su negocio es importante porque tiene ingresos para comer, para los gastos y para cuando se enferma, ella está muy emocionada con este préstamo porque va a surtir su tienda para que se vea bonita y tenga mercancía para ofrecerles a sus clientes, ella quisiera que tenga salud, que sus hijos estén felices y que estén bien. Las integrantes quieren decirle a Kiva y a Fundación Realidad “Estamos agradecidas con ustedes que nos apoyan para crecer nuestros negocios”. Tétela del Volcán es fresco, hay árboles frutales, duraznos, aguacate, pera, capulín, tejocote, ciruela, cuajinicuil.

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
  • 20
    View loans »
    Mexico Loans Fundraising
  • $18,753,000
    Funds lent in using Kiva
  • 11.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Malinches Group's $2,350 loan helped a member purchase oil, beverages, juices, snacks, corn, eggs, toilet paper, sardines, tuna, diapers, candles, candies, bread, etc, to stock her small grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2011
Listed
May 3, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 16, 2011