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El Arroyito (Flat) Group
In this Group: Lorma , Elisabeth, Carolina
The group is called El Arroyito and is formed by three women, each of them living in a different Chicoasen neighborhood The interviewee is Lorma, who lives in a common-law marriage with José, with who she had three children who are still under her responsibility. They are studying secondary school and the youngest one is in primary school.

This loan is her seventh cycle and she says she is doing well because she invests it in the purchase of Jafra brand cosmetics, where she has been working for eight years. She says she is doing well because she has been getting her small family ahead thanks to it.

She started with this business to have her own income and also to provide support to her husband and together take care of the household expenses, so their children have everything they need and they can continue studying.

What she wants the most about her business is to become a distributor over time, so she can hire other colleagues who need a job. The ones joining the group are Elisabeth, who uses the loan to buy fruits and vegetables and Carolina, who buys ingredients for her economic kitchen.
View original language description ↓

El grupo se llama el Arroyito y se integra de tres señoras quien cada una vive en diferente barrio de chicoasen.

Quien ese le como la entre vista es la señora Lorma quien vive en unión libre con el señor José y con quien procreo tres hijos quienes aun estaña su responsabilidad y estudian en secundaria y la mas pequeña a esta en educación inicial.

Ella trabaja el préstamo hace siete ciclos y comenta que le va bien ya que en donde lo inviertes es en la compra de cosméticos de la marca jafra en donde lleva trabajando ocho años y comenta que le va bien ya que con ello a estado sacando a delante a su pequeña familia.

Inicio con esta actividad para poyarse con sus ingresos y también para brindarle un apoyo a su esposo y juntos encargarse de los gastos de su hogar, par que sus hijos tengan los más necesario y sigan estudiando.

Lo que más desea de su actividad es que con el tiempo ella pueda ser distribuidora y darles emplea a otras compañeras que necesitan trabajar.

Quienes se une al grupo son las señoras: Elisabeth quien trabaja el préstamo en la compra de frutas y legumbres y la señora Carolina en la compra de ingredientes para su 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

  • $15,600
    Average annual income
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Arroyito (Flat) Group's $3,050 loan helped a member to pay for the purchase of shoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013