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El Durazno Group
In this Group: Libia , Florinda, Domitila , Araceli, Rosa, Enriqueta
This supportive group called El Durazno is made up of Libia, who is going to use her loan to buy walnuts; Florinda, Araceli and Rosa, who will buy wool yarn to make shawls, overcoats, bags and scarves; Domitila, who will buy fertilizer and manure for her avocados, limes, squash and raspberries; and Enriqueta, who will buy boxes and paper to pack avocados, pears, quince, peaches and figs.

Florinda, 48, studied until the 4th grade. She is married and has 9 children, 6 of whom are grown and working and 3 who are still in school - 2 in high school and 1 in elementary school. She makes artisan goods on a back strap loom like overcoats, shawls, scarves, bags, robes, carpets and blankets. She asked for this loan to buy wool yarn to stock up on prime materials. She has been part of a group of weavers from Hueyapan for 17 years. From a very young age from her mother and grandmother taught her to use the back strap loom. She goes out to sell her products in the street fairs with tourists and visitors. Her business is important because she likes doing it and it brings in profits. She reinvests part of the profits in materials, and the other part is used to buy cooking utensils and food. She is proud of being indigenous and participating in civic events and being the first to greet the governor on his visit, wearing her traditional clothing.

She is happy about the loan that she will receive, which she will use to buy thread to keep working. Her hopes and dreams are to see her children married and that the youngest who are still in school become professionals. The members of the group want to say to Kiva and Fundacion Realidad: "we thank you for believing in us and we will not let you down, so that you will lend to us again and we can move forward with our businesses."
View original language description ↓
Este grupo solidario se llama El Durazno, está conformado por la señora Libia va a comprar con su préstamo Nuez, las señoras Florinda, Araceli y Rosa van a compra hilo de lana para elaborar rebozos, gabanes, morrales, bufandas, la señora Domitila va a comprar fertilizante, abono para sus árboles de aguacate, limones, chayotes y frambuesa, la señora Enriqueta va a comprar cajas y papel para empacar aguacate, peras, membrillo, durazno e higos. La señora Florinda tiene 48 años de edad ella estudio hasta el 4º. Año de primaria, ella es casada tiene 9 hijos, 6 mayores de edad ya trabajan y 3 menores de edad que están estudiando 2 en la secundaria y uno en la primaria, ella elabora artesanías en telar de cintura como gabanes, rebozos, bufandas, morrales, mañanitas, bolsas, tapetes, cobijas, ella solicito su préstamo para comprar hilo de lana para surtirse de la materia prima, ella pertenece al grupo de gabaneros de Hueyapan desde hace 17 años, ella aprendió desde muy pequeña su mama y su abuelita le enseñaron a trabajar en telar de cintura, ella sale a vender sus productos en las ferias con los turistas y visitantes, su negocio es importante porque le gusta trabajar en este negocio y le deja ganancias, ella reparte las ganancias una parte para volver a invertir en material, otra parte para comprar utensilios para la cocina y para la comida, ella se siente orgullosa de ser indígena y de participar en eventos cívicos y ser la primera en recibir y saludar al gobernador se viste con su traje regional, ella está feliz con este préstamo que va a recibir la va a utilizar para comprar hilo para seguir trabajando, sus sueños y esperanzas son ver a su hijos casados y los más pequeños que están estudiando que tengan una carrera. Las integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “les damos las gracias por creer en nosotros y no le vamos a quedar mal, para que nos vuelvan a prestar y seguir adelante en nuestros negocios”.

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
  • 8
    View loans »
    Mexico Loans Fundraising
  • $17,540,000
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Durazno Group's $2,225 loan helped a member to buy wool thread to make overcoats, shawls, scarves, robes, bags, rugs and blankets.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2011
Listed
Aug 21, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011