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Mariposas Group
In this Group: Aurelia, Amalia, Jacinta*, Maria Ana, Maria Yenny, Martha Alicia, Sonia Guadalupe, Yasmin Yessica
* not pictured
Las Mariposas (The Butterflies) is a communal bank in Credituyo composed of 8 women; it’s in its first cycle. They chose this simple name simply because they like butterflies. Most of the women in this group are merchants and sell a variety of products like clothes, shoes, perfume, jewelry and snacks.

Aurelia is one of the members of the group. She is 66 years old and has 5 children. All her children work; some as bricklayers, others work in repair shops and as secretaries. Aurelia used to have a hamburger stand that she ran with her husband. However, her husband passed away recently and keeping the business going by herself was very difficult for her, especially because of her diabetes.

Because of this, Aurelia decided to refurbish a room in her house to start selling snacks. Currently she only sells tostadas, duritos (crispy fried dough) and bollos (freezy pops). She wants to use the loan to buy an electric pot to melt cheese as well as the necessary ingredients to start selling nachos with cheese and other fried food items and regional snacks that are commonly made with melted cheese.
View original language description ↓
Las Mariposas es un grupo solidario de Credituyo compuesto por 8 mujeres que esta en su primer ciclo. Ellas pusieron este nombre al grupo simple y sencillamente, porque les gustan las mariposas. La mayoria de las mujeres de este grupo son comerciantes y se dedican a la venta de diversos productos como ropa, zapatos, perfumes, joyas, y snacks.

Aurelia es una de las integrantes del grupo. La señora Aurelia tiene 66 años y 5 hijos. Todos sus hijos son trabajadores y trabajan como albañiles, en talleres mecanicos y como secretarias. Aurelia solia tener un puesto de hamburguesas que administraba junto con su esposo. Sin embargo, su esposo falleció recientemente y mantener el negocio abierto fue muy complicado para ella sola, sobre todo a causa de su diabetes. Es por eso que Aurelia decidió habilitar un cuarto de su casa para comenzar alli un negocio de snacks. En este actualmente solo vende tostadas, duritos y bollos (freezy pops). Con su crédito quiere comprar una olla electrica para derretir queso asi como los insumos necesarios para comenzar a vender nachos con queso así como otras frituras y botanas que son preparadas comunmente con queso derretido en la región.

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
  • 16
    View loans »
    Mexico Loans Fundraising
  • $17,728,850
    Funds lent in using Kiva
  • 11.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mariposas Group's $2,675 loan helped a member to buy utensils and merchandise for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2011
Listed
Jun 7, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011