Check out some available loans that are similar to this one!
Las Margaritas 2 Group
In this Group: Magally, Abelina, Isabel, Floricel, Bertha*, Eulalia, Herminia, Lazara, Divina, Paula, Ponciana, Paula
* not pictured
This group is called Las Margaritas 2 (The Daisies 2). The members decided upon this name because they are pure women who can identify with the flower. This description is about Magali, who is part of this group. She is 23 years old, married and has a son, 8-year-old Eduardo, who is in his third year of school. Magali has maD. a living making and selling pizzas for the past four years. She decided to start this business out of necessity because she didn't have sufficient income for her son's education and to give him a better quality of life. She plans to invest the loan in the purchase more ingredients to make her pizzas, such as tomatoes, tomato sauce, flour, ham, meat, cheese, pineapple, sausages and peppers. She wants to continue investing in her business so she can set up a pizzeria, since then she will increase her production and selection and improve and increase her sales and profits. In this way she can keep supporting her son's education and in the future he can end up with a very good career. She chats with all her fellow group memeber, who are responsible women who all know each other and don't have any problems with one another. Magali says she is very grateful to Kiva and FRAC, since thanks to them she is continuing ahead and has been able to start her own business and support her son. The women who make up the Las Margaritas 2 group and their activities are as follows: Magali - selling pizzas; Abelina - selling beans; Isabel - selling perfumes; Floricel - selling shoes; Bertha - selling candy; Eulali - running a taqueria; Herminia - running a fruit stand; Lazara - selling fish; Divina - selling clothing; Paula - selling snacks; Ponciana - running a fruit stand; and Paula - running a corn mill.
View original language description ↓
Este grupo lleva por nombre las margaritas 2, las integrantes decidieron ponerle este nombre, por que como son puras mujeres y pues se identifican con esa flor, esta historia es acerca D. la señora Magali, ya que forma parte D. este grupo, cuenta con 23 años D. edad, está casada y tiene 1 hijo, Eduardo D. 8 años D. edad quien cursa el tercer año D. primaria, ella se dedica a la elaboración y venta D. pizzas desD. hace 4 años.

Doña Magali decidió iniciar con este negocio por que tenía la necesidad D. hacerlo, pues no contaba con la solvencia económica suficiente, para la educación D. su hijo y para darle una mejor calidad D. vida, ella decidió invertir el crédito en la compra D. más insumos para la elaboración D. sus pizzas como son: jitomates, puré D. tomate, harina, jamón, carne, queso, piña, salchichas y chiles.

Ella desea seguir invirtiendo en su negocio para poder poner una pizzería, ya que así tendrá una mejor producción y variedad D. su producto, para mejorar e incrementar sus ventas y ganancias, para seguir apoyando a su pequeño hijo con sus estudios y en un futuro puedan terminar una muy buena carrera profesional.

Platica que todos sus compañeros, son personas responsables y pagadoras puesto que todas se conocen y no tienen ningún problema entre ellos.

Dice que esta muy agradecida con los prestatarios D. kiva y con FRAC, ya que gracias a ellos esta saliendo adelante y ha podido tener su propio negocio, asi poder apoyar a sus hijos en sus estudios.

Las personas que integran el grupo D. las margaritas 2 y las distintas actividades que realizan son las siguientes: Magali-venta D. pizzas, abelina-venta D. frijoles, Isabel-venta D. perfumes, floricel-venta D. zapatos, Bertha-venta D. dulces, eulalia-taqueria, Herminia-frutería, lazara-venta D. pescados, divina-venta D. ropa- Paula-antojitos, ponciana-fruteria y Paula-molino D. nixtamal.

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
  • 13
    View loans »
    Mexico Loans Fundraising
  • $19,046,850
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Margaritas 2 Group's $4,700 loan helped a member to purchase ingredients such as tomatoes, tomato sauce, flour, ham, meat, cheese, pineapple, sausages and peppers.
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