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San Pedro Ometepec Group
In this Group: Pedro, Socorro, Marcela, Martha
This group is called "San Pedro Ometepec." The members decided on this name because everyone in their community is very devoted to this saint. Apart from the fact that there are very beautiful places here, many people make their living by doing handicrafts.

This story is about Socorro, as she is one of the members of this group. She is 35, and married to Domingo. They have three children, and all three are going to school; one is in first year of high school, another in second year of junior high school, and the youngest is in fourth year of primary school.

She makes and sells bread, empanadas, and rolls, and has been doing this for two years. She says she decided to start this business, because from a very young age, her mother taught her to make these products. She wanted to put into practice everything she learned. Apart from this, it is a very good source of income, and provides good earnings; it enablies her to secure her children's education and future.

With the loan she received, she intends to purchase more ingredients such as flour, eggs, salt, sugar, yeast, milk, rice, cinnamon, bananas, cooking oil, etc. Soco's goal, (that is how she is known in the community) is to make her business grow, as she thinking about building a small shop to set up a bakery in; and also to buy more cooking utensils that she needs.

This way she will earn more and better income, enabling her to continue supporting her children with their studies, so that they will have good professions. She is very thankful to the Kiva lenders for the trust they are offering to her and her group. With their help, they are managing to move forward with their businesses and most important, help their families succeed, as they are the ones who most need this help.

The individuals who make up this group are Silvina, Pedro, Socorro, Marcela and Martha. Each of them has their own business.
View original language description ↓
Este grupo se llama san Pedro Ometepec los integrantes decidieron este nombre porque en su comunidad todos son muy devotos a este santo, el lugar donde viven se dedican mucho a la elaboración de artesanías aparte de que hay lugares muy hermosos, esta historia es acerca de la señora Socorro ya que es una de las integrantes de este grupo, ella cuenta con 35 años de edad y está casada con el señor Domingo con quien tiene 3 hijos, de los cuales los 3 estudian cursan primer año de prepa, segundo año de secundaria y el menos cuarto año de primaria, se dedica a la elaboración y venta de pan, empanadas y bolillos con el cual lleva 2 años.

Dice que decidió iniciar con esta actividad porque desde muy niña su mamá la enseño a elaborar estos productos y pues quiso poner en práctica todo lo que aprendió, aparte de que es una muy buena fuente de ingresos, ya que deja buenas ganancias puesto para asegurar la educación y futuro de sus hijos, con el préstamo que recibió piensa invertir en la compra de mas insumos como son: harina, huevos, sal, azúcar, levadura, leche, arroz, canela, plátanos, aceite, etc.

La meta que tiene doña Soco (así es como la conocen en la comunidad) es la de hacer crecer más su negocio ya que está pensando en construir un pequeño local para poner una panadería y comprarse más utensilios que necesita, para así obtener más y mejores ingresos y poder continuar apoyando a sus hijos con sus estudios y puedan tener una buena profesión.

Esta muy agradecida con los prestatarios de kiva por la confianza que le están brindando a ella y a su grupo, ya que con su apoyo están pudiendo sacar adelante sus negocios y más que nada a sus familias que son las que más necesitan esta ayuda.

Las personas que conforman este grupo son Silvina, Pedro, socorro, Marcela y Martha, cada uno de ellos tiene su propia actividad económica.

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
  • 12
    View loans »
    Mexico Loans Fundraising
  • $18,777,525
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Pedro Ometepec Group's $1,425 loan helped a member to buy more ingredients such as flour, eggs, salt, sugar, yeast, milk, rice, cinnamon, bananas, cooking oil, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012