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Santa Cruz De Mechoacan Group
In this Group: Rosalba, Angelica Beatriz , Soledad, Estela, Ignacia, Altagracia, Celerina, Ilda, Emilia, Reyna
This group is called “Santa C. D. Mechoacan” because all its members live in the Santa C. neighborhood and their location is Santa Catarina Mechoacan and that’s why they named it so. Each member is in a different line of work that helps her survive economically. These women are indigenous people and very hard working.

Rosalba is one of the group’s members. She’s married to Aurelio who is a farmer. She has five children who are 15, 13, 12, 10 and 8 years of age. Two of them are in school and three of them work.

Rosalba requested the loan to buy ingredients to make fast food snacks because she has a small business at home where she sells enchiladas, crispy tacos, sopes and tostadas. She started the business six months ago due to the need she had because the money her husband earns from crops is insufficient and this is why she started the business.

She will use the loan to buy the ingredients she needs to make her products. She comments that competition does exist but, God willing; she’ll do very well in her sales. Profits she may earn are to help cover household expenses and for her two children’s education. Her greatest wish is that her children stay in school so that they will have their own source of income.

The members of the group are:

Rosalba, Angélica, Soledad, Estela, Ignacia, Altagracia, Ilda (Fast Food Sales)
Celerina y Emilia (Chicken Sales)
Reyna (Clay Pot Making)
View original language description ↓
Santa C. D. Mechoacan este grupo se llama así porque todas sus integrantes viven en el barrio Santa C. y su localidad es Santa Catarina Mechoacan es por el cual le denominaron así. Todas sus integrantes se dedican a diferentes actividades economicas el cual les ayuda a sobrevivir economicamente, estas mujeres son D. raza indigena muy trabajadoras.
La señora Rosalba es una D. las integrantes D. este grupo esta casada con el señor Aurelio quien se dedica a las labores del campo, tiene 5 hijos D. las respectivas edades (15, 13, 12, 10 y 8) D. los cuales 2 estudian y 3 trabajan.
Rosalba solicito el prestamo para comprar insumos para la elaboración D. antojitos, ya que ella tiene un pequeño negocio en su casa en donD. venD. enchiladas, tacos dorados, sopes y tostadas, ella tiene 6 meses que inicio con este negocio, debido a la necesidad que tenia ya que el dinero que obtiene su esposo D. las cosechas no le alcanza y por ello ella inicio con este negocio.
Con el credito ella comprara los ingredientes que necesita para la elaboración D. sus productos, ella comenta que existe competencia pero espera en dios que le valla muy bien en su ventas, ya que D. las ganancias que obtenga es para el apoyo en los gastos D. la casa y en la educación D. sus dos hijos.
Su mayor deseo es que sus hijos estudien; y tener su propia fonda económica.
Las personas que integran este grupo son las siguientes:
Rosalba, Angelica, Soledad, Estela, Iganacia, Altagracia, Ilda (Venta D. antojitos)
Celerina y Emilia (Venta D. pollos)
Reyna (Elaboracion D. ollas D. barro)


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
  • 38
    View loans »
    Mexico Loans Fundraising
  • $19,122,575
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Cruz De Mechoacan Group's $3,500 loan helped a member to buy ingredients to make fast food snacks.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2011
Listed
Jun 13, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011