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Las Conchitas Group
In this Group: Maria , Ana Luisa, Valentina, Maria Eleuteria, Maria Modesta, Rosa, Felipa, Maria Guadalupe, Juana, Nicolasa
The following group is called “Las Conchitas” and has 10 members, all women. The group is located in the community of Concepción Chico. The community is somewhat large but it’s on a hill. The main road is paved but during the rainy season sand starts to wash off and there is mud everywhere. People in the group live near each other so are good neighbors and this is the reason they joined together and formed a credit group. They called it “Las Conchitas” because they are women from the community of Concepción (whose lovable nickname is Concha).

María is the group Treasurer and she relates the story behind her business. She has a general store where she sells candy, soft-drinks, bread, milk, etc; everything related to groceries. Her store is small but she also owns a nixtamal (dough made from corn used for tortillas, tamales, etc.) mill. It’s customary out in the communities for the women to make hand-made tortillas and not to buy them at a tortilla shop. They need a mill that will grind the corn so that they can make tortillas and María has that mill so that people can grind their corn. She’s been in business a little more than 8 years and the difficulty she faces is competition from other stores and from individuals who also own mills. Aside from that, she also mentions that on occasion she’s been paid with counterfeit bills and she doesn’t notice and loses a lot of money. She also has to pay to service and repair the mill. She wants a new loan to pay to service the mill and to buy stock items for her store; she wants to sell new products. Her goal is to improve day to day and to buy some shelving to arrange her store nicely and be able to sell more merchandise. She hopes to have more profits because her fixed goal is to provide schooling for her children.

María has three children in school and she wants to support them with their transportation costs. She’s lived with her husband in a common law relationship for the last 15 years. She’s 43 years old. She lives with her family in her own house. Her husband works too and this is why María helps him out with what she earns in the store.

The other group members and their activities are:

1.-Ana Luisa, has a nixtamal mill
2.-Valentina, raises sheep to sell
3.-Maria Eleuteria, has a nixtamal mill
4.-Maria Modesta, has a general store
5.-Rosa, has a stationery shop
6.-Felipa, raises and sells horses
7.-Maria Guadalupe, sells fresh fruit juice
8.-Juana, sells vegetables
9.-Nicolasa, raises and sells sheep.
View original language description ↓
El siguiente grupo se llama "Las Conchitas" esta formado por 10 integrantes que son mujeres, el grupo se encuentra ubicado en la comunidad de Concepcion Chico, la comunidad es algo grande pero esta en un cerro, la carretera principal esta pavimentada pero en épocas de lluvia la arena se empieza a deslavar y es lodo por todos lados. La gente del grupo vive cerca una de otra, entonces son buenos vecinos, y esa fue la razon por la que se reunieron y formaron un grupo de credito, lo llamaron "Las Conchitas" porque son mujures de la comunidad Concepción (de cariño es concha).

La señora Maria es la tesorera del grupo y ella nos cuenta su historia de su negocio, la señora tiene una tienda general, vende dulces, refrescos, pan , leche etc, todo lo referente a una abarroteria, su tienda es pequeña, tambien tiene un molino de Nixtamal, como en las comunidades acostumbran que para comer las señoras hagan tortillas echas a mano,no compran en una tortilleria, y necesitan un molino que muela el nixtamal para poder hacer la tortilla y doña Maria tiene ese molino para que la gente pueda moler el nixtamal, en su negocio tiene poco mas de 8 años y sus dificultades son la competencia de otras tiendas y algunas gentes que tambien tiene un molino; aparte de esto nos menciona que le han llegado casos en los que le pagan con billetes falsos y ella no se da cuenta y pierde mucho dinero, también debe pagar el mantenimiento o las composturas que podría tener su molino, quiere un credito nuevo para poder pagar el mantenimiento de su molino y comprar mercancia para su tienda y quiere vender cosas nuevas, el proposito que tiene es mejorar dia con dia y comprar unos anaqueles para poder tener su tienda bien arreglada y poder vender mas mercancia, espera poder tener mas ganancias ya que tiene una meta fija y es darles el estudio a sus hijos.

Doña Maria tiene 3 hijos en la escuela y quiere apoyarlos con sus pasajes, vive en union libre con su esposo desde hace 15 años, tiene 43 años de edad, tambien vive con su familia en casa propia y su esposo trabaja, por eso doña Maria lo apoya con lo que gana en su tienda.
Los nombres de sus demas compañeras del grupo son los siguientes y tambien de sus actividades.
1.-Ana Luisa, tiene un molino de Nixtamal
2.-Valentina, cria y vende borregos
3.-Maria Eleuteria, tiene un molino de nixtamal
4.-Maria Modesta, tiene una tienda general
5.-Rosa, tiene una papeleria
6.-Felipa, cria y vende caballos
7.-Maria Guadalupe, vende jugos frescos
8.-Juana, vende verduras
9.-Nicolasa, cria y vende borregos.

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
  • 4
    View loans »
    Mexico Loans Fundraising
  • $17,739,950
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Conchitas Group's $3,450 loan helped a member to service a nixtamal mill and to buy merchandise for a general store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 20, 2011
Listed
Aug 16, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011