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Las Flores Del Campo Group
In this Group: Irma, Martha, Marcelina, Maria Remedios, Maria De Lourdes
Marcelina, age 51, is from a place where the main attraction is the Monarch butterfly. The Monarch butterfly is a universal heritage, and its conservation is the responsibility of all Mexicans.

She has been embroidering products by hand for over 20 years. She says that when it is vacation time she climbs to the sanctuary to sell the napkins, blouses, tablecloths, and pillows that she embroiders herself. She says that she buys the materials in different stores in the city of Zitacuaro. They give her low prices there, and that way she is able to make a little more. She says that she started this business in order to help her husband with the children’s expenses. They are five, and they still live with her.

She is requesting a loan to buy materials to do her embroidery. She will buy things like needles, fabric, thread, and hooks, etc. She says that if she gets the loan she will be able to make her business grow. She says that she is very happy to be able to receive this resource that will serve her to get ahead in her business.

Marcelina’s goal is to establish a stable business in her area. Also, she would like to have a grocery store so that she would not have to leave her house. That way she would be more vigilant with her children.

The other members are Irma, Martha, Maria Remedios, and Maria de Lourdes. They are requesting their loans to invest in renting video games in order to provide this service, buying grocery store products, and buying different flavors of sweets to sell.
View original language description ↓
Doña Marcelina tiene 51 años de edad, ella es originaria de una localidad donde la principal atracción es la mariposa monarca la cual es un patrimonio universal y su conservación, responsabilidad de los mexicanos. Ella se dedica desde hace mas de 20 años a la elaboración de bordados artesanales; dice que cuando es temporada de vacaciones sube al santuario a vender sus servilletas, blusas, manteles, almohadones que ella misma borda y elabora, dice que sus materiales los compra en diferentes tiendas de una población llamada Zitacuaro donde le dan precios bajos y así pueda quedarle un poco mas de ganancia, dice que emprendió ese negocio para apoyar a su esposo con los gastos de sus hijos, ya que son 5 y aún viven con ella. Ella está pidiendo un crédito para la compra de material para hacer sus bordados como agujas, estambre, cuadrille (tela), hilos, ganchos etc. Dice que si le dan el crédito ella puede hacer crecer su negocio y dice que está muy contenta de poder recibir este recurso que le servirá para seguir adelante con su negocio. La meta de doña Marcelina es poner un negocio estable en su localidad. Además, le gustaría tener una tienda de abarrotes para ya no salir de su casa y estar más al pendiente de sus niños. Las otras cuatro integrantes se llaman Irma, Martha, Maria Remedios y Maria de Lourdes; ellas pidieron sus créditos para invertirlos en la renta de juegos de video para dar servicio de estos, en artículos de tienda de abarrotes y en dulces de diferentes sabores para venderlos.

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
  • 8
    View loans »
    Mexico Loans Fundraising
  • $18,149,750
    Funds lent in using Kiva
  • 13.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Flores Del Campo Group's $1,750 loan helped a member to buy needles, fabric, thread, and hooks, etc. for her embroidery.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2012
Listed
May 28, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012