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Hortensias Group
In this Group: Lazaro, Martina, Rosalba, Leopoldo
Martina is 67 years old and is married to Señor Florentino. They have five children, who are all married. Martina is originally from an area called Rincón de Curungueo, where most people work growing poinsettias. She is part of a group called "Hortensias", because Doña Martina loves these flowers and decided to give that name to the group.

She is a very hard-working and enterprising woman, who goes out daily to the villages living near her area to sell seasonal fruits and vegetables such as avocado, lettuce, green chili peppers, tomatoes, cactus, plantains, mandarins, oranges, beans, and apples, peaches, melons, guavas, and more. She comments that she began this vegetable business more than 19 years ago to help her husband with the household expenses. She also notes that she sells in different markets around her community.

Doña Martina says that the loan that the Fundación is giving her will be invested in various fruits and vegetables. She says that she is very happy about this loan, because sales are high right now as she has been going to other locations to sell with her son, who helps her. She says that she stocks up on fruits and vegetables in the central supply store in the village of Zitacuaro, where they give her low prices so that she can make some profit.

One of her goals is to have a stable stall in one of the village markets, so that she doesn't have to spend so much on transporting her products. She says that she is very grateful for the loans which the financing institution has made to her, because her business has been growing bit by bit.

The other three members of the group are called Lazaro, Rosalba and Leopoldo. They will invest their loans in their businesses: a stationery store, a grocery store, and buying and selling second-hand clothing.
View original language description ↓
Martina tiene 67 años de edad y está casada con el señor Florentino ellos tuvieron 5 hijos ya todos casados, ella es originaria de una localidad llamada Rincón de Curungueo la cual en la cual la mayoría de las personas se dedican al cultivo de flor de noche buena, ella es parte de un grupo llamado “Hortensias” porque le gusta a doña Martina esas flores y decidieron ponerle ese nombre al grupo.

Ella es una mujer muy trabajadora y emprendedora ya que a diario sale a vender a las poblaciones aledañas a su localidad frutas y legumbres de temporada como aguacate, lechuga, chiles verdes, jitomate, nopales, plátanos, mandarinas, naranjas, frijoles, y chiles manzanos, duraznos, melones, guayaba y más. Comenta que desde hace más de 19 años empezó con el negocio de las verduras para ayudarle a su esposo con los gastos de su casa, también plática que vende en diferentes tianguis aledaños a su comunidad.

Doña Martina dice que el préstamo que Fundación le está dando ella lo invertirá en diferentes frutas y legumbres, dice que está muy contenta por este crédito porque ahorita son altas ventas ya que se ha ido a otras localidades a vender con su hijo que es el que le ayuda. Dice que ella surte sus frutas y legumbres en la central de abastos de la población de Zitacuaro en donde le dan precios bajos para ella poder ganarle algo.

Una de sus metas es poner un puesto estable en algún mercado de la población para ya no gastar tanto en flete, dice que está muy agradecida con los prestamos que la financiera le ha hecho porque su negocio a crecido poco a poco.

Los otros tres integrantes de su grupo se llaman Lazaro, Rosalba y Leopoldo ellos invertirán sus créditos en sus negocios de papelería, en una tienda de abarrotes y en la compra venta de ropa de segunda.

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
  • 28
    View loans »
    Mexico Loans Fundraising
  • $18,610,225
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Hortensias Group's $5,175 loan helped a member to purchase seasonal fruits and vegetables such as avocado, lettuce, green chili peppers, tomatoes, cactus, plantains, mandarins, oranges, beans, and apples, peaches, melons, guavas, and more.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2012
Listed
Apr 2, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012