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La Fe Group
In this Group: Lucia , Teresa De Jesus , Estela , Vidalina , Mariel Anahi , Matilde Magdalena
Matilde is a member of a group called 'La Fe' (Faith). The group's members decided to give it this name because they say "faith is the last thing to be lost and we have faith in our businesses". Matilde is 45 years old, completed her primary education, and is married to a mechanic. The couple have three children. Matilde and her family live in a community where the main business activity is sowing and producing sugar.

Matilde tells us that she has been renting a small sales location in the center of her community for some years now. In it she sells groceries and, in November, she sells 'coronas de muertos' ('crowns of the dead' - wreaths) in order to earn a little extra money and help her husband with their household expenses.

Matilde says that as she has been working in her businesses for some years, she already has a lot of customers who visit her to buy their groceries. She tells us that in November her customers make orders with her for her special wreaths which they take to the cemetery as an offering on the Day of the Dead. She says "I do very well on the Day of the Dead as I sell a lot of my wreaths. As it is only two days every year, I must make the most of it".

Matilde needs this loan to invest in buying oil, rice, soup, detergents, candies, soft drinks, cookies, salt, sugar, flour and canned goods with which to stock her store and paper, cellophane tape and Styrofoam for making her wreaths.

Matilde hopes that this loan will help her business thrive and that she will make more profits so that she can continue investing in her business and growing it little by little every day.

The other members of this group are:
Vidalina - who sells Mexican snacks
Estela - who sells sewing supplies
Lucia - who sells Mexican snacks
Mariel - who sells cheese
Teresa - who makes catalog sales
View original language description ↓

La señora Matilde es integrante de un grupo llamado La Fe este nombre lo han elegido sus integrantes porque dicen "La fe es lo ultimo que se pierde y tenemos nuestra fe en nuestros negocios". Doña Matilde tiene la edad 45 años, estudio la primaria y esta casada con el señor que trabaja como mecánico, ellos tienen tres hijos. Ella y su familia viven en una comunidad donde la principal actividad económica es la siembra y producción de azúcar.

Doña Matilde platica que desde hace algunos años renta un pequeño local en el centro de su comunidad en el cual vente abarrotes y en noviembre realiza ventas de coronas de muertos, para ganar un poco de dinero extra y ayudar a su esposo con los gastos del hogar.

ella dice que como ya tiene algunos años con sus negocios ya tiene muchos clientes los cuales la visitan para hacer sus compras de abarrotes, platica que en nobiembre sus clientes le hacen pedidos de coronas para llevar al panteon en ofrenda el dia de los fieles difuntos.
"en dia de los santos difuntos me va muy bien se vende mucho mis coronas solo soln dos dias tenemos que aprovechar"

ella necesita este credito para invertirlo en la compra de aceite, arroz, sopa, detergentes, dulces, refrescos, galletas, sal, azucar, arinas y productos enlatados para surtir su tienda y papel , cinta de celofan y unicel para la elaboracion de coronas.

Doña matilde espera que con este credito su negocio prospere y obtenga mas ganancias para continuar invirtiendo en su negocio y dia a dia cresca un poco mas.

los demas integrantes son:

Vidalina venta de antojitos Mexicanos
Estela venta de boneteria y merceria
Lucia venta de antojitos Mexicanos
Mariel venta de queso
Teresa venta de catalogo

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
  • 14
    View loans »
    Mexico Loans Fundraising
  • $17,728,850
    Funds lent in using Kiva
  • 13.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Fe Group's $1,750 loan helped a member to buy groceries.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2011
Listed
Oct 5, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012