Check out other loans that are currently fundraising!
El Cedral Group
In this Group: Irma, Lucia , Adriana Berenice, Monica , Bertha
This communal bank is called El Cedral. Of its members, Señora Irma is going to buy bread with her loan; Señora Lucia is going to buy an electric razor, a set of dyes, a dryer, and brushes; Señora Adriana Berenice is going to buy packages of Jafra and Mary Kay cosmetics; Señora Monica is going to buy oil, sugar, toilet paper, light bulbs, eggs, soap, coffee, and soft drinks to stock her store; Señora Bertha is going to buy suckling pigs, fatten them and sell them.

Señora Lucia is 29 years old. She attended school up to the third year of secondary school. She is married. Her husband works in the fields, and when there is no work in the fields, he works as an assistant to a bricklayer. They do not have children. She has a beauty salon. She is applying for the loan to buy electric clippers for haircutting, a dryer, an iron, and various liquids and dyes for hair. She began her business a year ago. She learned in a course from the municipality that she took nearby. She began with a few things with her savings from selling tlacoyos (a Mexican snack). Every day she went out to sell her tlacoyos of fava beans, cheese curds, and kidney beans in the center of the community where she lives. Her business is important because she likes what she does and it generates income for her. She feels proud when she dyes hair, curls it, or does hairdos and the customer likes the result. Her clients are relatives, friends, and neighbors from the community. She is planning to expand her business and to buy all the supplies, furniture and materials necessary for her work, to give her customers better comfort and the services that they request. She thinks she will succeed by making an effort and saving, and with the loan she is going to stock up on all the materials. She will use the earnings for household expenses and to reinvest in her business. She is happy to be receiving the loan because she is going to acquire some products that she needs in her salon.

The members of the group want to say to Kiva and to Fundación Realidad, "We are very grateful to you and happy that you can help us. May you continue helping more people. With your loans we can grow our businesses and our families."
View original language description ↓
Este grupo solidario se llama El Cedral está conformado por la señora Irma va a comprar con su préstamo pan, la señora Lucia va a comprar una máquina para rasurar, gama de tintes, secadora y cepillos, la señora Adriana Berenice va a comprar de paquetes de cosméticos de Jafra y Mary Kay, la señora Mónica va a comprar aceite, azúcar, papel higiénico, focos, huevo, jabón, café, refrescos para surtir su tienda, la señora Bertha va a comprar puercos lechones y alimento para engordarlos y venderlos. La señora Lucia tiene 29 años de edad, ella estudio hasta el 3er. año de secundaria, ella es casada, su esposo trabaja en el campo y cuando no hay trabajo en el campo, trabaja como ayudante de albañil, ellos no tienen hijos, ella tiene una estética, ella solicito su préstamo para comprar una máquina para cortar el cabello, una secadora, una plancha y algunos líquidos y tintes para el cabello, ella inicio su negocio hace un año, aprendió en un curso que tomo en una localidad vecina de parte del ayuntamiento, inicio con pocas cosas con sus ahorros de las ventas de tlacoyos (mexican snack), ella del diario sale a vender sus tlacoyos de aba, requesón y frijol en el centro de la comunidad donde ella vive, su negocio es importante porque le gusta lo que hace y le genera ingresos, ella se siente orgullosa cuando pinta el cabello, hace chinos o peinados y a la gente le gusta como le queda, sus clientes son familiares, amigos y vecinos de la comunidad, ella está planeando ampliar su negocio comprar todos los insumos, mobiliario y materiales necesario para trabajar para proporcionar a sus clientes mayores comodidades y los servicios que soliciten, ella lo piensa lograr esforzándose, ahorrando y con el préstamo va a surtirse de todos los materiales. Las ganancias las utiliza en gastos para la casa y para volver a invertir, ella está feliz con este préstamo que va a recibir porque va a adquirir algunos productos de los que necesita su estética. Los integrantes del grupo quiere decirle a Kiva y a Fundación Realidad “estamos muy agradecidas con ustedes y felices de que nos puedan ayudar, ojala sigan ayudando a más personas con sus préstamos podemos crecer los negocios y las familias”.

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
  • 14
    View loans »
    Mexico Loans Fundraising
  • $19,043,075
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Cedral Group's $1,475 loan helped a member to buy electric clippers for cutting hair, a dryer, an iron, and liquids and dyes for hair.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Aug 4, 2011
Aug 22, 2011
Currency Exchange Loss:
Dec 15, 2011