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El Manantial Group
In this Group: Gloria , Paulina , Elvira , Lourdes , María , Romualda , Camila , Olivia Leticia
The group "Manantial" (Spring) is located in a Mazahua community. In order to get to their meeting place, the members must travel a long distance on foot since it is impossible for any form of transportation to reach this site. The name of the group was chosen a long time ago. The members adopted this name because some of them previously belonged to another group with the same name. Even though they do not know the exact reason why they chose this name, they all believe that it is because the place where they live has many small springs where people can draw water for drinking and bathing.


Doña María, a member of the group, says that she is 51 years old and married to Sr. Fernando. Every evening, she scrapes the leaves of the agave plant in order to make traditional "pulque" (a fermented beverage). María and her husband have been together for more than 30 years. They formed a family, but only two of their children are dependents who continue to live with them even though they are no longer in school.


Doña María has been raising sheep for 30 years. She also has a grocery store that she opened approximately 20 years ago. María explains she began raising sheep when her mother gave her two lambs to care for. It was then that she learned everything about the business and decided to start one of her own. The store was established later on after her children and husband convinced her to start it. They also help out financially.


This time María is requesting a loan in order to buy five heads of sheep and to restock her grocery store with canned goods, soft drinks, candies, bread, eggs, milk, and other items. She is pleased and grateful that the loan will help to replenish the inventory of her store since she lacks various products. In her activities, María has no difficulties with her sheep since they are kept in very good conditions and her store is improving gradually. Her goal is to remodel her store since it only has planks of wood for displaying her products and a roof. She would like for her store to have larger shelves for storing her products. María would also like to have more sheep so that she can improve her quality of life. Overall she is very pleased because she is always able to reinvest her earnings in her businesses. She is also able to pay for the household expenses and cover her loan payments.


Doña María and the rest of her group and very happy with and appreciative of Kiva and Vision Fund (FRAC) because they will be able to invest in their various livestock activities. The other members of the group are Elvira, Lourdes, Romualda, Gloria, Paulina, Camila, and Olivia.

View original language description ↓
El grupo “Manantial” se encuentra ubicado en una comunidad mazahua. Para llegar al lugar de reunión se tiene que recorrer un largo camino a pie ya que no entra el trasporte hasta ese lugar. El nombre del grupo se eligió hace tiempo, las integrantes lo adaptaron porque algunas de ellas ya estaban una asociación anterior con el mismo nombre. A pesar de no conocer con exactitud porqué se eligió ese nombre en un inicio, todas piensan que es porque el lugar en donde viven hay muchos manantiales pequeños donde las personas van a traer el agua para beber o para lavar.

Doña María, un miembro del grupo, comenta que tiene 51 años de edad y está casada con el señor Fernando, quien todas las tardes se dedica a raspar el maguey para hacer el tradicional pulque. Hace mas de 30 años que están juntos; ellos formaron una familia, pero solo 2 de sus hijos siguen viviendo con ellos y aunque ya no estudian, siguen dependiendo de dicha pareja.

Doña María se dedica a la crianza de borregos, actividad en la cual ya tiene 30 años. También tiene una tienda de abarrotes, la cual abrió hace 20 años aproximadamente. Explica que la crianza de borregos la adoptó ya que su mamá le dio dos borreguitos que ella tuvo que cuidar, fue entonces que aprendió todo lo relacionado con el engocio y decidió iniciar la actividad. La tienda la puso posteriormente ya que sus hijos y esposo la motivaron para iniciarla y ellos mismos le ayudaron económicamente.

Esta vez está solicitando el crédito para comprar 5 borregos y surtir su tienda de abarrotes para la cual tiene planeado comprar productos enlatados, refrescos, golosinas, pan, huevo, leche, etc. Doña María está muy contenta y agradecida con el crédito ya que le servirá volver a surtir su tienda (desde hace tiempo le faltaban varios productos).

En sus actividades, María no tiene dificultades ya que sus borregos están en muy buenas condiciones y la tienda está mejorando poco a poco. La meta que tiene doña María es arreglar su tiendita ya que solo tiene maderas para colocar su producto y es techado, le gustaría tener su tienda colada y estantes grandes para sus productos. También le gustaría tener más borregos, todo esto para que su calidad de vida mejore. Además María explica muy contenta que siempre invierte nuevamente sus ganancias en los negocios, pero también obtiene para los gastos del hogar y para los pagos de su crédito.

Doña María y el resto del grupo están muy contentos y agradecidos con Kiva y Vision Fund (FRAC) pues podrán invertir en sus actividades (venta de ganado). Las personas que conforman el grupo son: Elvira, Lourdes, Romualda, Gloria, Paulina, Camila y Olivia.

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
  • 10
    View loans »
    Mexico Loans Fundraising
  • $17,551,825
    Funds lent in using Kiva
  • 14.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Manantial Group's $5,875 loan helped a member to buy five heads of sheep and merchandise for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012