Check out some available loans that are similar to this one!
Un Nuevo Resplandor Group
In this Group: Feliciana, Arnulfa, Maria Marcela, Maria Magdalena, Griselda, Consuelo, Pascasia
Feliciana is 38 years old. She is married to Saúl, who is a builder, and has three daughters: Berenice (a high school student), Marlene (an elementary school student) and little Guadalupe. Feliciana tells us that she buys maguey cacti so that she can extract 'aguamiel' (a non-alcoholic drink). She tells us that it was her mother-in-law who taught her how to scrape the maguey cactus in order to extract the drink. She sells her 'aguamiel' in the town of Zitacuaro by the liter. She has been in this business for approximately five years and says that it is a very good business. She says that she is requesting a loan to buy maguey catci. She also sews napkins, pillowcases, tablecloths etc. She tells us that she sells the products that she sews in Mexico city where she travels twice a month. Feliciana is very grateful to the financial institution for the support that they are giving her because it will enable her to grow her business. Her goal is to start another business raising and selling lambs so that she can grow a little more in her activities and make more profits so that she can support her children in their education.

The other six members of this group are Arnulfa, Maria Marcela, Maria Magdalena, Griselda, Consuelo and Pascacia. They will invest their loans in buying materials for making embroidered products, buying products for a grocery store and buying lambs to sell.
View original language description ↓
Feliciana tiene 38 años de edad, ella está casada con Saúl el cual es albañil y tiene 3 hijas de nombres Berenice estudiante de secundaria, Marlene estudiante de primaria y la pequeña Guadalupe. Platica que se dedica a la compra y venta de magueyes para sacar el aguamiel (bebida no alcohólica) comenta doña Feliciana que su suegra fue que le enseño a raspar los magueyes para extraer la bebida, ella lo vende en la población de Zitacuaro por litro y tiene con este tipo de negocio aproximadamente 5 años y dice que es muy buen negocio. Comenta que está pidiendo un crédito para la compra de magueyes y también dice que hace costuras como servilletas, almohadones, manteles etc. Dice que las costuras las vende en la ciudad de México y que se va dos veces por mes ya que se lleva varias costuras. Doña Feliciana está muy agradecida con la financiera por este apoyo que le están haciendo porque así podrá hacer crecer su negocio. La meta que tiene es hacer otro negocio de cría y venta de borregos para así poder crecer un poco más su negocio y tener más ganancias para apoyar a sus hijos con la escuela. Las otras seis integrantes del grupo se llaman Arnulfa, Maria Marcela, Maria Magdalena, Griselda, Consuelo y Pascacia ellas invertirán su crédito en material para hacer bordados artesanales, para la compra de artículos para una tienda de abarrotes, compra y venta de borregos.

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
  • 0
    View loans »
    Mexico Loans Fundraising
  • $17,775,800
    Funds lent in using Kiva
  • 13.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Un Nuevo Resplandor Group's $3,850 loan helped a member to buy maguey cacti so that she can sell 'aguamiel'.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2012
Listed
May 28, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012