La Palma De Calmeca Group
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.”
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.
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Success!! The loan was 100% repaid