Check out some available loans that are similar to this one!
Los Cedritos Group
In this Group: Araceli, Angelina, Leticia , Maria Fernanda, Fernando, Anayeli, Ana Velia
Angelina, 49, comments that she never went to school but she does know how to read and write because she taught herself by watching. She also comments that she likes work more and making crafts. Her parents taught her how to make figures and pots since they too were artisans. For the last 25 years she and her husband, Ausencio, started their own crafts business during the December season which is when most of the butterflies are sold; she paints them like Monarchs since the Monarch Butterfly Sanctuary is nearby. She also sells pots to make piñatas for the December season.

They have had a stand near the Zitácuaro bus terminal for the last 15 years. She sells her various crafts there. They started out selling in Mexico City but when street vending stalls were banned they decided to return home to sell their crafts. They have three children: Raquel who works and helps with household expenses, Esther, 15, who is in middle school and Elsi, 13, who is in elementary school.

Angelina comments that now, thanks be to God, she’s doing very well in her business but needs the loan to be able to invest and buy what they need to continue selling crafts like different colored paints to decorate them, clay, firewood, varnish, etc. The goal she has for her business is to ask the municipal government to rent her a space where she can sell her crafts because the space she currently uses to sell her items is very small and she wants to display more of her crafts.

The other six group members are: Araceli, Leticia, María Fernanda, Fernando, Anayeli, and Ana Velia. They will use the loan they are requesting to buy raw materials to make clay crafts and to buy fruit and vegetables to sell.
View original language description ↓
Angelina tiene 49 años, comenta que ella no estudio pero que sabe leer y escribir ya ella sola se enseño viendo, también comenta que le gusta mas el trabajo y la realización de artesanías de barro. A ella le enseñaron a realizar las figuras y ollas sus papas ya que también era artesanos, desde hace 25 años ella y su esposo el señor Ausencio empezaron su negocio propio de la artesanía en la temporada de diciembre es cuando más vende las mariposas y las pinta como las monarca ya que cerca de su localidad esta en santuario de la mariposa monarca, también vende las ollas para hacer las piñatas en la temporada decembrina. Ellos tiene un puesto cerca de central de autobuses de Zitacuaro, desde hace 15 años y que ahí vende sus diferentes artesanías, ellos empezaron vendiendo en la ciudad de México pero debido a que ya no dejaron poner puestos ambulantes decidieron regresarse a su localidad a vender las artesanías, ellos tienen 3 hijos de nombres Raquel que trabaja y les ayuda con los gastos del hogar, Esther de 15 años y estudia secundaria y Elsi que tiene 13 años estudiante de primaria. Comenta doña Angelina que ahorita gracias a dios le está yendo muy bien en su negocio, que si necesita el crédito para invertir y comprar lo que les hace falta para seguir vendiendo sus artesanías como pinturas de diferentes colores para decorar las artesanías, tierra, leña, barnices etc. La meta que tiene para su negocio es pedirle al gobierno municipal que le rente otro lugar de suelo donde pueda vender sus artesanías ya que donde tiene el puesto esta pequeño y ella quiere exponer más de sus artesanías.
Los otros 6 integrantes se llaman Araceli, Leticia, Maria Fernanda, Fernando, Anayeli, Ana Velia ellos invertirán el préstamo que están solicitando para la compra de insumos para elaborar artesanías de barro y en la compra de frutas y verduras para su venta.

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
  • 39
    View loans »
    Mexico Loans Fundraising
  • $19,089,875
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Cedritos Group's $2,400 loan helped a member to buy crafts making supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011