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Flor De Otoño Group
In this Group: Bertha Lidia, Eugenia, Irene Nayeli, Lorena Guadalupe, Lorena, Maria Teresa, Miriam, Rosa Elena, Santos
Flor de Otoño [Autumn Flower]. The name describes perfectly the spirit of this lively group of women entrepreneurs who have decided to invest in their businesses in order to grow and flourish.

Bertha, one of the members, is the mother of two children. When she started the adventure of marriage she did not know the economic highs and lows that were going to follow because of the work instability that her husband would have. So then, driven by love, she began to devise alternatives that could improve the reality of their life. Thinking about the possibilities, finally she decided to buy basic groceries and start an informal sale in her house. With the passage of time and acceptance in the neighborhood, the business started to take place and shape.

This business has borne fruit for her and it has been advisable to get a loan to enrich her products during this time.

She hopes to begin the new year on the right foot.
View original language description ↓
Flor de otoño, su nombre describe perfectamente el espíritu de este animado grupo de emprendedoras mujeres que ha decidido invertir en sus negocios para crecer y florecer.
Bertha, una de sus integrantes, es madre de dos niños. Cuando inicio la aventura del matrimonio desconocía las altas y bajas económicas que sobrevenían debido a la inestabilidad laboral que su esposo tendría. Entonces ella, impulsada por el amor, comenzó a idear alternativas que pudieran mejorar su realidad de vida. Pensando en las posibilidades, al fin se decidió por comprar abarrotes básicos he iniciar una venta informal en su casa. Con el paso del tiempo y la aceptación en la colonia el negocio fue tomando lugar y forma.
Este negocio le ha dado frutos y ha convenido contraer un préstamo para enriquecer sus productos en estas fechas.
Tiene esperanza de empezar el nuevo año con el pie derecho.

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
  • 13.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Otoño Group's $2,475 loan helped a member to invest in products to enrich her grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2011
Listed
Jan 20, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012