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La Santa Cruz Group
In this Group: Obdulia, Nicolasa, Maria De Jesus, Margarita, Saida Yasuli, Tania, Sonia, Maria Felix, Elizabeth, Lorenza
This group is called “Santa C.” (Holy Cross) because that’s the name of the neighborhood where they live and because they all come from there. This story is about Margarita because she’s the representative of this communal bank. She is 34 years old and married to Mario. They have five children: Ángel, Israel, Alondra, Marcela, Martin and Estefani. Only three of them are studying. The oldest is in 8th grade and the next two are in 5th and 6th grades. The last two are still too little; they are 2 years and 10 months old respectively. She has had a grocery store for six years.

Margarita chose this activity because it’s what sells best in her community and also because she says it’s a very good source of income that helps her continue to support her family’s economy. The loan she got she used to buy more merchandise like: soft-drinks, rice, beans, sugar, salt, cookies, oil, milk, soap, Clarasol (bleach), detergent and toilet paper.

The goal that Doña Mago (as she’s better known in her community) has for her business is to continue investing much more in it because she wants to make it grow because she’s planning to enlarge it to have it very well stocked to increase and improve her profits to continue to support her children with their schooling so that they will be able to have very good professional careers.

She comments that one works very well in her group because all the members know each other perfectly well and they are people who are responsible with their payments and, above all, very good hard workers.

The other group members are: Obdulia, Nicolasa, María de Jesús, Margarita, Saida, Tania, Sonia, María Félix, Elizabeth y Lorenza who carry out a variety of activities like fish sales, grocery sales, meat sales, snack sales, bedspread sales, tamale making, fruit sales, cosmetics sales, fast food sales, etc.
View original language description ↓
Este grupo se llama santa C., porque así se llama la colonia donde viven y pues todos son originarios de la misma, esta historia es acerca de la señora margarita, puesto que es la representante de esta UDE, ella tiene 34 años de edad está casada con el señor Mario, con el cual tiene 5 hijos Ángel, Israel, alondra, marcela, Martin y estefani, de los cuales solo 3 estudian, el mayor está cursando el segundo año de secundaria y los otros dos quinto y sexto de primaria, ya que los otros dos aun son muy pequeños de 2 y 10 meses de edad, ella tiene una tienda de abarrotes con la cual lleva 6 años.

Doña margarita eligió esta actividad, puesto que es lo que mejor se vende en su comunidad, también porque dice que es una muy buena fuente de ingresos, que le ayuda para continuar apoyando la economía de su familia, el préstamo que recibió lo invirtió en la compra de mas mercancía como son: refrescos, arroz, frijol, azúcar, sal, galletas, aceite, leche, jabón, clarasol, detergente y papel higiénico

La meta que dice tener doña mago, (como mejor la conocen en su comunidad) para su negocio, es la de continuar invirtiéndole mucho mas, ya que lo quiere hacerlo crecer, puesto que está pensando en ampliar su local, para tenerlo muy bien surtido y así mejorar e incrementar sus ganancias, para poder continuar apoyando a sus hijos con sus estudio, para que puedan tener una muy buena carrera profesional.

Nos comenta que en su grupo se trabaja muy bien, puesto que todos los integrantes se conocen perfectamente y son personas muy responsables con sus pagos y sobre todo bien trabajadores.

Las personas que conforman el grupo son las siguientes: obdulia, Nicolasa, María de Jesús, margarita, saida, Tania, Sonia, María Félix, Elizabeth y Lorenza, quienes se dedican a diferentes actividades como: abarrotes, venta de pescados, carne, refrescos, colchas, elaboración de tamales, frutería, venta de cosméticos, antojitos, etc.







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
  • 11
    View loans »
    Mexico Loans Fundraising
  • $17,551,825
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Santa Cruz Group's $3,075 loan helped a member to buy stock items for her store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2011
Listed
Jul 7, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011