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El Moralito Group
In this Group: Gloria, Juana Guadalupe, Rosa Isela, Maria Felicitas*, Oliva, Ana Laura, Ana Lilia, Beatriz, Pablo, Javier
* not pictured
Doña Beatriz, age 37, leads a group called El Moralito. Their neighbourhood is called El Moral, and to identify themselves easily, all the mmbers decided to call the group El Moralito. Beatriz is very happy to have such a hardworking group: there have been no problems with repayments, and they all help each other. She is a woman who works hard to improve her living conditions. From a very young age she began helping at her father's stall selling chips and pancakes, where she learned well. She now has over 15 years experience in her own business, selling churros, chips, French fries, pancakes, drinks, roast potatoes and gravy and much more, at fairs and festivals. She wants a loan to buy potatoes, caramel, strawberry jam, guava jam, condensed milk, ingredients to make pancakes, cooking oil, different types of sauces, and packs of strawberries to sell strawberries and cream. She buys all the products in local stores, where they give her the best prices. One of her goals is to expand her business and buy a used truck to transport her goods more quickly.

The other nine members of the group are called Gloria, Juana Guadalupe, Rosa Isela Maria Felicitas, Olivia, Ana Laura, Ana Lilia, Pablo, and Javier. They plan to invest in: jewelry and hair accessories, cosmetics and perfumes for men and women, women's clothing, men's clothing, supplies for making pancakes, and repairs to a taxi.
View original language description ↓
Doña Beatriz tiene la edad de 37 años y tiene un grupo llamado El Moralito, platica que todos los integrantes del grupo decidieron ponerle ese nombre porque la colonia donde viven se llama el Moral y para identificarlo más fácilmente decidieron ponerle el moralito. Platica que ella está muy contenta por tener un grupo muy trabajador y que no queda mal con los pagos ya que entre todos se ayudan. Ella es una mujer que día a día trabaja para mejorar sus condiciones de vida, dice que desde muy pequeña empezó ayudándole a su papá con un puesto de frituras y hotcakes donde ella aprendió muy bien el trabajo. Dice que ahorita tiene más de 15 años con su propio negocio, ella vende en ferias y fiestas patronales donde vende churros, chicharrones preparados, papas a la francesa, hotcakes, refrescos, papas doradas con salsa y muchas cosas más, dice que quiere un crédito para la compra de papas, cajeta, mermelada de fresa, de guayaba, leche condensada e ingredientes para hacer los hotcakes y para la compra de aceite, diferentes tipos de salsas y fresas empaquetadas para la venta de fresas con crema. Dice que ella compra todos los productos que ocupa en diferentes tiendas de su comunidad donde le den precios más bajos, platica que una de sus metas es ampliar su negocio y comprar una camioneta de uso para poder transportarse más rápidamente con sus artículos que vende en las ferias. Las otras nueve integrantes del grupo se llaman Gloria, Juana Guadalupe, Rosa Isela, María Felicitas, Olivia, Ana Laura, Ana Lilia, Pablo, Javier ellos invertirán bisutería y accesorios para el pelo, cosméticos y perfumería para dama y caballero, ropa para dama y caballero, insumos para hacer hotcakes y mantenimiento a un taxi.





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
  • 13
    View loans »
    Mexico Loans Fundraising
  • $19,048,500
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Moralito Group's $4,825 loan helped a member to buy potatoes, syrup, strawberry jam, guava jam, condensed milk, ingredients to make pancakes, cooking oil, different types of sauces, and packs of strawberries to sell strawberries and cream.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Feb 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012