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El Ayle Group
In this Group: Ivan, Imelda, Ausencio, Ma Julia
Auscencio is 50 years old and comes from a community whose principal economic activity is the cultivation of poinsettias and avocados, as the soil in the area is ideal for this type of crop. He tells us that for more than 12 years he has grown avocados and says that he started his business because there was a lack of stable work, and working as a day labourer does not pay well. Thanks to a gift of land from his father, he was able to begin planting avocados, and although this is a long-term investment, he is already seeing profits. He says that during the harvest season in May, he will go to sell his fruit by the bucket at the wholesale food market and earn a little more. He is asking for a loan to buy organic fertilisers which won't harm the land.

Auscencio is married to Petra, who works making embroidered napkins, and they have three children - Sandra, 17, who us studying at secondary school; Guadalupe, 6, who unfortunately suffered a hip injury at birth and needs therapy to be able to walk; and Alejandra, who is 3. Auscencio's goal is to buy another plot of land where he can plant more avocados and begin cultivating poinsettias, and also to buy a frame to build a nursery. The other three members of his group are called Iván, Imelda and Julia, who also wish to invest in cultivating avocados and buying supplies to keep their avocado farms in top condition.
View original language description ↓
Auscencio tiene 50 años de edad y es originario de una comunidad donde la principal actividad económica es el cultivo de flor de noche buena y el cultivo de aguacate ya que la tierra de ahí es muy prolifera para ese tipo de cultivos. Platica que desde hace mas de 12 años se dedica al cultivo de aguacate y dice que empezó este negocio por falta de un trabajo estable ya que como jornalero no pagan bien. Dice que gracias a que su padre le regalo un terreno el empezó a sembrar plantas de aguacate y que aunque es un negocio a largo plazo ahorita ya está viendo ganancias, dice que en temporada de cosecha que será por el mes de mayo el sale a vender el fruto a la central de abastos por cubetas para así ganarle un poco más. El está pidiendo un crédito para la compra de fertilizantes y abonos orgánicos para que no dañen la tierra. Don Auscencio está casado con la señora Petra ella se dedica hacer servilletas bordadas y tienen 3 hijos de nombres Sandra de 17 años la cual estudia la secundaria, Guadalupe de 6 años la cual desgraciadamente que al nacer le lastimaron la cadera y tiene que pagar terapias para que la niña pueda caminar y Alejandra de 3 años. La meta de don Auscencio es poder comprar otro terreno donde pueda sembrar mas plantas de aguacate y también empezar con el cultivo de flor de noche buena y comprar el armazón para hacer un vivero. Los otros tres integrantes del grupo se llaman Iván, Imelda y Julia ellos invertirán en el cultivo de aguacate y compraran insumos para tener las huertas de aguacate en optimas condiciones.

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
  • 6
    View loans »
    Mexico Loans Fundraising
  • $17,362,500
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Ayle Group's $2,825 loan helped a member to buy supplies for cultivating avocado, like organic fertilisers and insecticides.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2012
Listed
May 6, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012