Check out some available loans that are similar to this one!
La Flor Group
In this Group: Manuela Elizabeth , Efren Angelina, Leonor Cecilia , Candida Paulina

Update on La Flor Group

The new members of the group are Leonor Cecilia who is going to use her loan to buy blouses, skirts, sweaters, and pants and underwear, and Candida, who is going to buy peanuts wholesale. The rest of the members are still doing their previous activities.

Leonor Cecilia is 54 years old. She is married and her husband sells yogurt. They have 4 children, 2 boys and 2 girls, who are all adults. Three of them are married and one son is single.

Leonor Cecilia sells clothing. She is requesting this loan to purchase sweaters, pants, blouses, skirts, men's jackets, pants for men, women and children, and underwear. She started her business 15 years ago when she needed to support her family since her children were in school and expenses were high. She started off selling underwear. Then people requested skirts. She worked by the order since she didn't have much cash. The business grew and she saved money to invest in her merchandise and now her business is bigger. Twice a week she goes to the center of her community to sell clothing on Tuesdays and Fridays. Her business is important because they live off it, they meet people, and she is her own boss. She likes to sell and provide good service to her customers so that they return. Her husband helps her set up her stand and a daughter in law helps attend to customers. She feels proud to be able to help her children and grandchildren. She can give them a jacket or pants as a gift.

Her business is known for good prices. She provides her customers with the items that they like or what is in style, and she lets them pay in installments. She is happy with this loan for the opportunity it provides to expand her business and have it well-stocked. The members of the group want to tell Kiva and Fundación Realidad "thank you very much for supporting us. In this way many families are working without as much economic pressure and it helps improve our lives".


**Maria Teresa, who was part of the prior loan, appears in the picture but decided not to be part of this loan.
View original language description ↓
Las nuevas integrantes del grupo son señora Leonor Celicia va a comprar con su prestamo blusas, faldas, sueteres, pantalones y pants, la señora Candida va a comprar cacahuate por carga, el resto de las integrantes desarrollan la actividad que vienen desempeñando. La señora Leonor Cecilia tiene 54 años de edad, ella es casada su esposo vende yogurt, ellos tiene 4 hijos 2 hombres y 2 mujeres, todos mayores de edad 3 casados y un varón soltero, ella vende ropa, ella solicito su préstamo para comprar suéteres, pants, blusas, faldas, chamarra de caballero y pantalones de dama, caballeros y niños, calcetas, ropa interior, ella inicio su negocio hace 15 años por necesidad para apoyar a la familia ya que sus hijos estaban estudiando y los gastos eran fuertes, ella inicio vendiendo ropa interior, le hacían pedidos de faldas, trabajaba por pedido ya que manejaba poco efectivo, fue creciendo y fue ahorrando para seguir invirtiendo en mercancía y ahora ya esta mas grande su negocio sale 2 veces a la semana al centro de su comunidad a vender su ropa los martes y los viernes. Su negocio es importante porque de ahí viven, conocen a las personas y son su propio patrón, a ella le gusta vender atender bien a sus clientes para que regresen a comprar le ayuda su esposo le ayuda a poner el puesto y un nuera a atender a los clientes. Ella se siente orgullosa de poder ayudar a sus hijos y nietos le puede regalar una chamarra o pantalones. Su negocio es conocido por el buen precio y les trae a sus clientes sus pedidos lo que a ellos les gusta o que está de moda y les da la oportunidad de pagar en pagos. Sus sueños y esperanzas son viajar a España para visitar a su hija. Ella se siete feliz con este préstamo por la oportunidad que le dan de ampliar su negocio y tenerlo bien surtido. Las integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “muchas gracias por apoyarnos, así muchas familias están trabajando sin muchas presiones económicas y nos ayudan a vivir mejor”.

**EN LA FOTO APARECE LA SEÑORA MARIA TERESA, QUIEN ESTUVO EN EL PRÉSTAMO ANTERIOR Y ÉSTA VEZ DECIDIO NO TOMAR EL PRESTAMO**

Previous Loan Details

This solidarity group is called “La Flor” (The Flower) and consists of the following members: • Sra. Gudelia will use her loan to buy flour, paint, bags, ribbons, and oil for making wafers. • Sra. Gudelia Elizabeth will buy clothing, trousers, blouses, and skirts. • Sras. María Teresa and Efrén… More from La Flor Group's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 15
    View loans »
    Mexico Loans Fundraising
  • $17,541,650
    Funds lent in using Kiva
  • 14.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Flor Group's $1,575 loan helped a member to purchase sweaters, pants, blouses, skirts, men's jackets, pants for women, men, and children, and underwear.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2011
Listed
Dec 28, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012
This photo was used before for a previous loan for La Flor Group. It was first posted on Kiva on Sep, 2011. Learn More