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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 *, Lindsey, Martha , Guadalupe
* not pictured
The “El Cedro” (The Cedar) group is composed of 13 hardworking, cheerful women who very much want to get ahead. Each has a different economic activity. The main activities are sugar cane farming and collecting resin from rubber trees.

Rosalía is one of the group members. She’s 38 years old and studied up to third year of secondary school; she’s a single mother. Rosalía tells us that she’s always liked to work but because she’s a single mother she has had to work even harder to support her son. Rosalía opened a small grocery store at home a few years ago and in time has secured customers which helped the store to prosper. Currently, her store is located in a more spacious locale and is better stocked with all sorts of groceries, soft-drinks and cleaning products. She opens the store every day at 8am and she tells us that thanks to God her business is stable and as time goes by it’s getting better stocked.

She will use the loan to buy powdered detergent, salt, sugar, toilet paper, votive candles, milk, beans, rice, canned goods, cream, cheese, candy and soft-drinks to stock her store. Rosalía hopes that with this loan her business will continue to grow so that she can give her son a better quality of life.

The other group members are:

Cenorina-chicken
Camerina-clothes
María Lucrecia-groceries
Eva-groceries
Yuridia-nutrition club
Elodia-cosmetics
Dora María-clothes
María del Carmen- sewing
Lindsay-beverages
Martha-low cost eatery
Guadalupe-beverages
View original language description ↓

El Grupo El Cedro esta integrado por 13 mujeres trabajadoras, alegres y con muchas ganas de salir adelante, cada una de ellas tiene una diferente actividad economica, las principales actividades son la siembra y cultivo de caña y la recoleccion de la recina de los arboles de hule.

La señora Rosalia es una de las integrantes de este grupo, ella tiene la edad de 38 años, estudios hasta el tercer grado de secundaria y es madre soltera. Doña Rosalia nos platica que siempre le ha gustado trabajar pero desde que es madre soltera tuvo que trabajar mas duro para poder sacar adelante a su hijo. Doña rosalia desde hace algunos años abrio una pequeña tienda de abarrotes en su hogar y con el tiempo fue ganando clientes lo cual ayudo a que su negocio prosperara actual mente su tienda esta hubicada en un local mas amplio y esta mas surtida de todo tipo de abarrotes, refrescos y productos para la limpieza, ella abre todos los dias su negocios de ocho de la mañana a ocho de la noche y nos dice que gracias a Dios su negocio esta estable y con el paso de los dias esta susrtiendo mas.
Ella invertira este credito en la compra de jabon en polvo, sal, azucar, papel de baño, veladoras,leche, frijol, arroz, productos enlatados, crema queso, dulces y refrescos para resurtir su negocio.

Doña Rosalia espera que con este credito su negocio continue creciendo para poder dar a su hijo una mejor calidad de vida.

los demas miembros de este grupo son:
Cenorina-pollo
Camerina-ropa
Maria Lucrecia-abarrotes
Eva-abarrotes
Yuridia-club de nutricion
Genoveva-Calzado
Elodia-cosmeticos
Dora Maria-ropa
Maria del Carmen- costura
Lindsay-refrescos
Martha-cocina economica
Guadalupe-refrescos

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
  • 23
    View loans »
    Mexico Loans Fundraising
  • $18,324,475
    Funds lent in using Kiva
  • 13.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Cedro Group's $3,750 loan helped a member to buy stock merchandise for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2011
Listed
Jan 22, 2012
Currency Exchange Loss:
Possible
Ended:
May 15, 2012