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Jazmín Group
In this Group: Juana, Consuelito, Herminia , Ernestina , Jorge
The Jazmín group is made up of five members, one gentleman and four ladies, who live on a small mountain where it takes 30 minutes to reach their homes. It’s a fresh place where coffee and bananas are raised.

Herminia was the one interviewed. She lives with Elogi and they have three adult children; all are married now. She did not go to school because her family lacked resources, but she wishes that she could have gone.

She requested this loan to invest in merchandise such as sugar, beans, cooking oil, soap, and other things to stock her grocery store. She has had it for six years and things are going well for her. She changed her business and the previous one was buying and selling jewelry.

What she would really like it to be able to continue working her small business and eventually grow it.

The other members of the group are Juanita who will invest the money from this loan in livestock; Consuelito who will also buy livestock; Ermestina who will buy chickens; and Jorge who will buy pigs to fatten up.
View original language description ↓
El grupo Jazmín se integra de cinco personas un hombre y cuatro mujeres quienes vive en una montañita y se camina media hora para llegar a sus domicilio es un lugar muy fresco en donde cosechan el café y plátano.

Quien se le tomo la entrevista es a la señora Herminia quien vive en unión libre con el señor Elogio y con quien procreo creo tres hijos quienes ya todos están casado, en la no estudio por falta de ingresos y pues se quedo con el deso de ir a la escuela.

Solicito el préstamo para invertirlo en la compra de mercancía como son: azúcar, frijol, aceite, jabón, entre otros para surtir su negocio de abarrotes en donde lleva seis años y le va muy bien se cambio de actividad ya que la otra actividad anterior fue la compra y venta de joyas.

Lo que más desea es que con esta pequeña actividad ella pueda seguir trabajando y con el tiempo agrandar más su negocio.

Las personas que integran el grupo son: Juana quien invertirá el préstamo en la comercialización de ganado, la señora Consuelito también invertirá en la compra y venta de ganados, la señora Ernestina invertirá en la compra y venta de pollos y don Jorge invertirá en la compra de marranos para engoradar.

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
  • 2
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Jazmín Group's $1,650 loan helped a member to stock her store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013