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Amanecer (Flat) Group
In this Group: Brijida , Candelaria, Soraida, Magdalena
The group called "Amanecer" (Dawn) consists of four women who live in the town of Coapilla. The Festival of the Virgin of Candelaria is celebrated here on February 2.


Magdalena was the person selected to be interviewed. She is married to Sr. Bulmaro and they have three children. Two of them are already married and the other one, who is still under her responsibility, is in the third year of high school.


Doña Magdalena is requesting a loan so that she can invest in the purchase of ingredients such as corn, oil, raisins, meat, and banana leaves for making tamales. She has been working for two years and four months and says that she has done very well. This has enabled her to make a slight improvement in her income. Magdalena engages in this business so that she can help her husband with the household expenses. She is also able to help with her children's expenses, such as school supplies. After she provides for the welfare of her family, she has enough left over to submit the loan payments in her group on time. She wants to continue receiving assistance so that she can move forward in her business. Over time, she would like to pursue another business.


The other members of the group are as follows:
• Brigida will invest in her business of selling medicinal products.
• Sra. Candelaria will invest her loan in the purchase of corn for eventual resale.
• Sra. Zoraida will invest in the purchase of medicinal products.

View original language description ↓


El grupo se llama amanecer y se integra de cuatro señoras quienes viven un pueblo llamado coapilla, en donde celebran la fiesta de la virgen de Candelaria el 2 de febrero.

Quien se le tomo la entrevista se llama Magdalena, ella es casada con el señor Bulmaro con quien procreo tres hijos quienes dos ya están casado y uno a un está a su responsabilidad en tercero de secundaria.

Doña magdalena solicito el préstamo para invertirlo en la compra de ingredientes como son: maíz, aceite, pasas, carne, hoja de guineo para la elaboración de tamales en donde lleva de trabajando dos años cuatro meses en la que comenta que le va bien ya que con ello ha logrado mejorar un poco mas sus ingresos.

Se dedica a esta actividad para apoyar a su esposo con los gastos de la casa así también apoyar a su hijos con sus gastos de sus útiles escolares y así estar bien como familia y con lo que le queda guarda para tener su pago puntual en el grupo.

Lo que desea es que la sigan apoyando para así seguir adelante con su actividad y con el tiempo tener otra actividad para seguir.

Las personas que integran en el grupo son: Brígida quien invertir su actividad en productos medicinales, la señora Candelaria invertirá el préstamo e la compra de maíz para posteriormente venderlo y la señora Zoraida invertirá en la compra de productos medicinales.

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
  • 15
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Amanecer (Flat) Group's $1,100 loan helped a member to buy ingredients for making tamales.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2012
Listed
May 9, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 28, 2012