Check out some available loans that are similar to this one!
Mujeres Con Futuro Group
In this Group: Nelva Griselda, Maricela, Edith , Crispina Martina, Florencia Martha, Aleida, Celia
This communal bank is called “Mujeres con Futuro” (Women with a Future). Its members are Nelva Griselda, Maricela, Edith, Aleida and Celia who will use the loan to buy flour, paint, oil, bags, and cellophane tape. Florencia Martha will buy wafers, bags, cellophane tape and containers. Crispina Martina will buy chicken.

Florencia Martha, 37, has a spouse and three daughters attending school, two in secondary school and the little one in elementary school. She sells 'obleas' [thin wafer sandwiches filled with caramel] that she makes in different shapes with honey and pumpkin seeds that she sells in round containers. She asked for the loan to buy raw materials: wafers, honey, pumpkin seeds, vegetable oil, bags and cellophane tape. Part of it will be used to repair her truck and another to pay laborers. She started the business 14 years ago. She paid for the machinery in installments. Her business is important because it’s an income for the family and she can give employment to several people. She feels proud of her business for thanks to it her daughters have everything they need. She goes out to the street market to sell and earns income. She uses profits for all of her daughters’ school expenses, for food and to repay the loan. Her daughters help her assemble the ‘obleas’ and her husband makes the containers. Her dreams and hopes are that the business grows and that her daughters continue with their schooling and attain careers.

The group members want to say to Kiva and to Fundación Realidad: “Thank you for your loans; they help us fix some problems we have. Please continue helping people in need.”
View original language description ↓
Este grupo solidario se llama Mujeres con Futuro, está conformado por las señoras Nelva Griselda, Maricela, Edith, Aleida, Celia ellas van a comprar con su préstamo harina, pintura, aceite, bolsa, diurex, la señora Florencia Martha va a comprar oblea, bolsa, diurex y estuches, la señora Crispina Martina va a comprar pollo. La señora Florencia Martha tiene 37 años de edad, ella vive en unión libre, ella tiene 3 hijas que están estudiando 2 en la secundaria y la pequeña en la primaria, ella vende obleas las hace en figuras, con miel y pepita y con estuche redondo, ella solicito su préstamo para comprar materia prima obleas, miel, pepita, aceite vegetal, bolsa, diurex, una parte para reparar su camioneta y otra para pagar a peones, ella inicio su negocio hace 14 años fue comprando la maquinaria en pagos, su negocio es importante porque es un ingreso para la familia y puede darle empleo a varias personas, ella se siente orgullosa de su negocio gracia a él tiene todo la necesario sus hijas, ella sale a la feria a vender y ya tiene ingresos, ella utiliza las ganancia para los gastos de la escuela de su hijas, para la alimentación y para pagar el préstamo, sus hijas le ayudan a combinar las obleas, su esposo hace los estuches. Sus sueños y esperanzas que crezca el negocio y que sus hijas continúen en sus estudios y alcancen una carrera. Los integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “gracias por sus préstamos, nos ayudan a arreglar algunos problemas que tenemos y que sigan ayudando a las personas que lo necesitan”.

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
  • 38
    View loans »
    Mexico Loans Fundraising
  • $19,089,875
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Con Futuro Group's $5,725 loan helped a member to buy wafers, honey, pumpkin seeds, vegetable oil, bags and cellophane tape.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 31, 2012