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Huexca Santa Cruz Group
In this Group: Gloria , Rodolfo, Alicia , Socorro, Alejandra, Maricela , Rocio, Maria Del Socorro, Eliza
This communal bank is called Huexca Santa Cruz and is made up of members Alicia, Maricela and Eliza who are going to buy sheep to breed; Gloria who is going to buy bracelets and gold rings; Rodolfo who is going to buy calves; Secorro who is going to buy milk to use making cheese and cream; Alejandra who is going to buy eggs, milk and soft drinks; Roció who is going to buy fertilizer; María del Socorro who is going to buy corn, meat, tomatoes, onions, chiles to make tlacoyos (similar to tortillas) and sandwiches.

Maricela is 40 years old. She is married and has 3 children, 2 sons and 1 daughter. The two youngest are high school students. She sells sheep and is asking for a loan in order to buy sorghum and corn and corn-feed in order to nourish the sheep. She began her business 8 years ago, encouraged by her husband, beginning with the profit from the sell of sorghum.

Most people in this community work as livestock farmers, having sheep in the fields. The business is important because it provides income for food, to reinvest, and for parties for the children. She likes to see the sheep grow and she feels proud to see her children helping to nurture the sheep and putting them out to pasture in the afternoon.

Her hopes and dreams are that her business continues growing, and to build a little room as a bedroom for her daughter, and that her youngest children continue studying.

The members of the group send this message to Kiva and the Fundación Realidad, “thank them for the loans, for their confidence in us, and say that we will make the payments and we hope that they continue supporting us through our loans.”
View original language description ↓
Este grupo solidario se llama Huexca Santa Cruz está conformado por las señoras Alicia, Maricela, Eliza van a comprar con su crédito borregos para crianza, la señora Gloria va a comprar pulseras y anillos de oro, el señor Rodolfo va a comprar becerros, la señora Socorro va a comprar leche para preparar queso y crema, la señora Alejandra va a comprar huevo, leche y refrescos, la señora Roció va a comprar fertilizantes, la señora María del Socorro va a comprar maíz, carnes, jitomate, tomates, cebolla, chiles para preparar tlacoyos y tortas. La señora Maricela tiene 40 años de edad, ella es casada tiene 3 hijos 2 varones y 1 mujer, los dos más pequeños están estudiando la secundaria, ella vende borregos, ella solicito su préstamo para comprar sorgo, maíz, milpa para alimentar a sus borregos, ella inicio su negocio hace 8 años su esposo la animo en este negocio lo iniciaron con lo que le dieron de la venta del sorgo, en esta comunidad la mayoría se dedican a la ganadería, los borregos los tiene en el campo, su negocio es importante porque tiene ingresos para la comida, para volver a invertir, de ahí toma los borregos para la fiestas de sus hijos, a ella le gusta ver que los borregos van creciendo y se siente orgullosa ver que sus hijos le ayudan en la crianza van en la tarde a pastorear los borregos. Sus sueños y esperanzas que su negocio siga creciendo, construir un cuartito para recamara de su hija y que sus hijos más pequeños sigan estudiando. Los integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “les damos las gracias por sus préstamos, por confiar en nosotros, vamos a cumpliren los pagos y esperamos que nos sigan apoyando con sus prestamos".

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
  • 11
    View loans »
    Mexico Loans Fundraising
  • $17,728,850
    Funds lent in using Kiva
  • 13.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Huexca Santa Cruz Group's $3,050 loan helped a member to buy sorghum and corn and corn-feed in order to nourish the sheep.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2011
Listed
Dec 14, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012