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Girasol Group
In this Group: Magdai, Rosa Lidia , Yareni
The group is called "Girasol" [Sunflower] and is made up of three women, all of whom make a living doing different things.

The women in the group who was interviewed is named Magdai. She is a widow with four children who are all married. She is responsible for a granddaughter who has lived with her since she was a baby. Magdai requested a loan to invest in inventory for her grocery store. She says that it is going well as she has been working with them for seven years and 4 months.

Her children inspired her in this business. They gave her a small amount of funds to start a business. The business generates an income that supports her and also produces a little profit. Her hopes for this small business and the loan is that she can continue improving her business, each day a little bit more, so that she can support her growing granddaughter.

The other two group members are Yareni, who will invest the money to purchase cosmetics for resale, and Rosa Lidia, who will invest the money to purchase lambs for resale.
View original language description ↓
El grupo se llama girasol y se integra de tres señoras quien cada una se dedica a su respectiva actividad.

Quien se le tomo la entrevista se llama Magdai ella es viuda tuvo cuatro hijos quienes ta estan casados y a su resposnabilidad tiene a una nieta que vive con ella desde pequeña.

Ella solicito el préstamo para invertirlo en la compra de mercancía para surtir su tienda de abarrotes donde comenta que le va bien ya que con ellos lleva trabajando hace siete años y cuatro meses.

Quien la inspiro en esta actividad fueron su hijos quienes le dieron unos ahorritos para poner algún negocio el cual le deja ingresos para sostenerse con un poco mas de ingresos.

Lo que la desea es que con esta pequeña actividad y el préstamo ella pueda seguir mejorando cada día más su negocio para apoyar a su nieta que está creciendo.

Quienes integran en el grupo son la señoras Yareni quine invertirá el préstamo en la compra y venta de cosméticos y la señora Rosa Lidia invertirá en la compra y venta de 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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,362,500
    Funds lent in using Kiva
  • 13.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Girasol Group's $1,175 loan helped a member to buy groceries that they will then resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2011
Listed
Dec 19, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012