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El Cedro Group
In this Group: Cenorina , Camerina , Maria Lucrecia Justa , Eva, Yuridia, Rosalia , Genoveva, Elodia , Dora Maria *, Maria Del Carmen *, Lindsay , Martha , Guadalupe , Denisse Arely , Hipolita
* not pictured
Hipólita, 41, completed elementary school. She’s married to Gerardo who works in the fields. They have two children who are going to high school. She and her family live in a community noted for its kind and very hardworking residents.

She tells us that a little over 2 and a half years ago she decided to start her own grocery selling business because she wanted to move her children who were going to school ahead and help her husband with household expenses; she tells us that the economic situation our country is in is more difficult every day.

Hipólita tell us that she decided to rent a locale in her community where she’s set up two sets of shelving where she arranges her merchandise and that’s where she conducts her sales. She says that, thanks to God, she does very well and that her customers always find what they are looking for. She is satisfied because the number of her customers grows daily.

She needs this investment to buy oil, powdered detergent, bath soap, detergent, chlorine bleach, sugar, beans, canned goods, soft-drinks, juice, candy, Sabritas brand snacks, olives, cookies and cream to resell.

Hipólita hopes that with this loan her business will progress and that she’ll be able to succeed in business because she wants her business to be larger in the future and that her family has a good future.

The group’s members are:
Cenorina- tailors shop
Camerina- underwear
Maria Lucrecia- clothes
Eva- groceries
Yuridia- nutrition club
Rosalba- groceries
Geronimo-underwear
Eladia- Cosmetics
Dora- underwear
Maria del Carmen- tailors shop
Lindsey- soft-drinks
Martha- low-cost meals
Guadalupe- soft-drinks
Denisse- pastries
View original language description ↓
La señora Hipolita tiene la edad de 41 años, estudio hasta la primaria, se encuentra casada con el señor Gerardo quien trabaja en el campo, ellos tiene 2 hijos los cuales estudian en la preparatoria. Ella y su familia viven en una comunidad que se caracteriza por que sus habitantes son personas amables y muy trabajadoras.

Ella platica que desde hace un poco mas de 2 años y medio decidio hacer su propio negocio de venta de abarrotes porque queria sacar adelante a sus hijos que se encuentran estudiando y apoyar a sus esposo con los gastos de su hogar ademas nos dice que cada dia la situacion economica en nuestro pais es mas dificil.

Doña Hipolita nos dice que decidio rentar un local en un logar de su comunidad, en ese anaquel tiene unos anacales donde acomoda sus abarrotes y desde ahi ella realiza sus ventas y que gracias a Dios dice que le va muy bien y que siempre sus clientes encuentran lo que buscan y se encuentra satisfecha por cada dia ve que tiene mas clientes.

Ella necesita esta inversion para la compra de aceite, jabon en polvo, jabon de baño, detergente, cloro, azucar, frijol, productos enlatados, refresco, jugos, dulces, sabritas, aceitunas, galletas y crema para su posterior venta.

Doña Hipolita espera que con este credito su negocio pospere y pueda salir adelante con su negocio pues quiere tener en un futuro su negocio sea aun mas grande y que su familia tenga un buen porvenir.

Este grupo esta integrado por:

Cenorina- Taller de Costura
Camerina- Ropa Interior
Maria Lucrecia- Ropa
Eva- Abarrotes
Yuridia- Club de Nutricion
Rosalba- Abarrotes
Geronimo-Ropa Interior
Eladia- Cosmetico
Dora- Ropa Interior
Maria del Carme- Taller de costura
Lindsey- Refrescos
Martha- Cocina economica
Guadalupe- Refrescos
Denisse- Reposteria

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
  • 6
    View loans »
    Mexico Loans Fundraising
  • $17,358,450
    Funds lent in using Kiva
  • 13.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Cedro Group's $4,025 loan helped a member to buy stock merchandise for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2011
Listed
Oct 5, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012