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La Palma De Calmeca Group
In this Group: Eduarda, Ogilve , Paula, Paulina
This communal bank is named La Palma de Calmeca. Ogilve and Paulina are members who will use the loan to buy palm. Eduarda will buy pumpkin seeds, allspice, peanuts, cumin seeds, black peppercorns, and garlic. Paula will buy items made from palm.

Ogilve is 42 years old and married. Her husband is an agricultural worker. They have ten children, five girls and five boys. Four of her children are in school. Three girls are in primary school, and one boy is in high school.

She requested a loan to buy palm and paint to make handicrafts from palm. She will make things like fans, tortilla baskets, and toy figures. She started her business 20 years ago out of necessity. She started with much enthusiasm in order to get her children ahead. She started with what she had and bought palm to start the handicrafts.

Her business is important because it helps feed them, and because she can then buy more palm. She likes to make the “tanates” (baskets for tortillas) and fans. She is proud of how her finished baskets, fans, and figures look so pretty. She is well-known for making handicrafts from palm by all in her community.

She is planning to expand her business and make other different figures, and she thinks she will do it with the loan she will receive. Her dreams and hopes are for her business to grow, to continue making tortilla baskets, fans, and figures from palm. She also dreams of her children learning to make these handicrafts.

The members of the group want to say thanks to Kiva and the Fundación Realidad. “Many thanks for the loans that help us to keep working in the businesses and to have a better family life.”
View original language description ↓
Este grupo solidario se llama La Palma de Calmeca, está conformado por las señoras Ogilve y Paulina van a comprar con su préstamo palma por ciento, la señora Eduarda va a comprar semilla de pipián, Jamaica, cacahuate, cominos, pimienta clavos, ajos, la señora Paula va a comprar artículos de palma. La señora Ogilve tiene 42 años de edad, ella es casada, su esposo es campesino ellos tiene 10 hijos 5 mujeres y 5 varones están estudiando 4 de sus hijos 3 mujeres en la primaria y un varón en la secundaria, ella solicito su préstamo para comprar palma, pintura para elaborar artesanías de palma como aventadores, canastos para tortillas y figuras de juguete, ella inicio su negocio hace 20 años por necesidad y con mucho entusiasmo para salir adelante con sus hijos, ella inicio con lo que tenia para su gasto compro palma para iniciar con las artesanías, su negocio es importante porque de ahí se va ayudando para comer y para volver a comprar la palma, a ella le gusta elaborar los tanates (canastos para tortillas) y aventadores, ella se siente orgullosa de saber trabajar en esta artesanía cuando ve sus tanates, aventadores y figuras ya terminados y se ven muy bonitos, su negocio es muy conocido todos en su comunidad elaboras las artesanías de palma, ella está planeando ampliar su negocio elaborar otras figuras diferentes y lo piensa logran con el préstamo que va a recibir. Sus sueños y esperanzas son que su negocio crezca, seguir elaborando tanates, aventadores y figuras de palma y que sus hijos aprendan a elaborar estas artesanías. La integrantes del grupo quieren decirle a Kiva y a Fundacion Realidad "muchas gracias por sus préstamos nos ayudan a seguir trabajando en los negocios y a vivir mejor con la familia".

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

  • $15,600
    Average annual income
  • 19
    View loans »
    Mexico Loans Fundraising
  • $19,049,100
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Palma De Calmeca Group's $1,025 loan helped a member to buy palm and paint to make baskets, fans, and toy figures.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2012
Listed
Feb 27, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012