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Geranios Group
In this Group: Rocio Humberta , Dolores, Rodemaribel*, Sheyla Berta, Imelda , Cirina, Edith Jhanet
* not pictured
This solidarity group is called "Geranios" (geraniums) and is made up of Señoras Rocio Humberta, Dolores, Rodemaribel and Sheyla Berta (who will use their shares of the loan to buy flour, paint, bags, glue, oil, sandpaper, ribbons and cinnamon); Imelda (who will buy peanuts, corn, sweet potatoes, peanut brittles, sesame seeds and candies); Cirina (who will buy corn and peanuts), and Edith Jhanet (who will buy wafers).

Dolores, aged 35, lives in a common-law marriage and is the mother of two children, a boy and a girl. The boy attends secondary school and the girl upper secondary school. Dolores sells wafers. She applies for this loan to buy flour, bags, paint, oil and ribbons to produce the wafers. She launched her business four years ago. She learned her activity when she was working for a woman who produced wafers. Later her husband applied for a loan to buy ingredients in order to start the business. This activity is important for Dolores, because it gives her the needed financial means to pay for food and tuition fees for her children.

Dolores is proud to provide for herself. Thanks to this well-managed business she was able to put a roof on her house and build her workshop. In her community many people produce wafers. She uses her profit to buy what is lacking at home and save some money with the idea of buying another machine to produce wafers. She dreams and hopes that she can keep on working until her children complete their education, get a job and can provide for themselves.

The members of this group want to thank Kiva and the microfinance institution Fundación Realidad for their help, and ask them to continue their financial support so that the group members can keep on working in their businesses and enjoy a better life with their families.
View original language description ↓
Este grupo solidario se llama "Geranios", está conformado por las señoras Rocio Humberta, Dolores, Rodemaribel, Sheyla Berta van a comprar con su préstamo harina, pintura, bolsa, pegamento, aceite, lijas, cinta canela, la señora Imelda va a comprar cacahuate, elotes, camotes, palanquetas, alegría, jamoncillo, la señora Cirina va a comprar elotes y cacahuate, la señora Edith Jhanet va a comprar obleas.
La señora Dolores tiene 35 años de edad, ella vive en unión libre y tiene 2 hijos 1 varón y una mujer, el varón está estudiando la secundaria y la joven esta en bachillerato, ella vende obleas, ella solicito su préstamo para comprar harina, bolsas, pintura, aceite, cinta para elaborar oblea, ella inicio su negocio hace 4 años, aprendió a realizar estos dulces por que le ayudaba a una señora en la elaboración de obleas, ya después su esposo solicito un préstamo y compro la materia prima para iniciar en el negocio; su negocio es importante porque le provee económicamente para la alimentación y gastos de la escuela de sus hijos.
Ella se siente orgullosa de valerse por ella misma, gracias a éste negocio y a lo bien administrado que lo tiene ha logrado ponerle techo a su casa y construir el taller donde trabaja, en su comunidad la mayoría se dedica a elaborar la oblea, ella utiliza las ganancias para comprar lo que falte en la casa, para invertir e ir ahorrando para comprar otra máquina de oblea, sus sueños y esperanzas son seguir trabajando mientras sus hijos terminan sus carrera y tengan una profesión y que sepan valerse por ellos mismos. Los integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “gracias por su ayuda y que nos sigan apoyando con su préstamos para que sigamos trabajando en los negocios y vivir mejor con las familias

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
  • 52
    View loans »
    Mexico Loans Fundraising
  • $18,367,975
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Geranios Group's $5,125 loan helped a member to buy flour, bags, paint, oil and ribbons to produce wafers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2012
Listed
Mar 17, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012