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Las Buganbilias De Cochoapa Group
In this Group: Isidra*, Petronila, Leticia, Maria Estela, Gloria, Aurora
* not pictured
This group is named Las Buganbilias de Cochoapa. The members chose this name because at the home of the representative there are a number of bougainvillea trees and Cochoapa is the name of the community where they live.

Maria Estela, 51, is married and all of her children are also married already. She lives in Cochoapa, a town where the Amusgo dialect is used and many people work making blouses, jewelry, wallets and beaded bags. Maria Estela has been making beaded clothing for 4 years. Every day she sews for as much as 5 hours. It's an exhausting activity for her vision because they use very small beads.

She says that she decided to start this business because since she was a child she watched how her mom sewed artisan crafts and asked that she taught her since she likes it a lot. The loan that she gets will be used to get more materials like fabric, pattern paper, needles, thread and beads in bulk.

Maria is happy because she says that her business is going very well since her sales have increased because she has a better stock. She's thinking about buying a blender.

Her goal for her business is to continue investing in it. She wants to buy a sewing machine to make her work easier and also wants to start selling sodas.

She's very grateful to the Fundacion Realidad and the Kiva lenders for the support that they are giving her. Thanks to this help she has improved her life and that of her family.

The group members are: Isidra, Petronila, Leticia, Maria Estela, Gloria and Aurora. The have businesses like making beaded clothing, pharmacy, selling clothing, selling crafts, and preparing food.
View original language description ↓
Este grupo lleva por nombre las buganbilias de cochoapa las personas que lo conforman decidieron ponerle este nombre porque en casa de la representante hay varios árboles de esta flor y también porque así se llama la comunidad donde viven así se llama su comunidad, la historia es acerca de la señora María estela quien cuenta con 51 años de edad y está casada, ya todos sus hijos están casados, la comunidad donde vive se llama cochoapa un pueblo donde predomina el dialecto amusgo, una de sus principales actividades es la elaboración de blusas, bisutería, monederos y bolsas de chaquira, se dedica a la elaboración y venta de ropa de chaquira
desde hace más de 4 años, todos los días dedica máximo 5 horas a coser ya que es una actividad desgastante para la vista ya que utilizan cuentas muy pequeñas.

Cuenta que decidió iniciar con este negocio porque desde niña veía como su mama cosía estas artesanías y le pidió que le enseñara, ya que le gusto mucho esta actividad, el préstamo que recibió lo va a invertir en la compra de más material como son: telas, cuadrille, hilos, agujas y chaquira al mayoreo.

Doña María está muy contenta porque dice que le esta yendo muy bien con su negocio, ya que sus ventas van incrementado, por que ahora tiene un mejor surtido, tanto que está pensando en comprarse una licuadora.

La meta que tiene para su negocio es la de continuar invirtiéndole, también quiere comprar una máquina de coser, para agilizar su producción también dice que quiere empezar a vender refrescos.

Esta muy agradecida con fundación realidad y los prestatatarios de kiva por el apoyo que le están brindando, ya que gracias a esta ayuda ha mejorado su vida y la de su familia.

Estos son los nombres de las personas y las actividades a las que se dedican cada una de las integrantes del grupo.
Isidra, Petronila, Leticia, María estela, gloria y aurora quienes se dedican a diferentes actividades como son: elaboración de ropa de chaquira, farmacia, tienda de ropa, tienda artesanal, y cocina económica


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
  • 5
    View loans »
    Mexico Loans Fundraising
  • $17,305,675
    Funds lent in using Kiva
  • 14.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Buganbilias De Cochoapa Group's $2,375 loan helped a member to buy material like fabric, pattern paper, threads, needles and beads in bulk.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2012
Listed
Jun 5, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013