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El Ayle Group
In this Group: Ivan, Imelda, Ausencio, Ma Julia

Update on El Ayle Group

Imelda is 39 years old and is originally from a community called Dongu. She is part of the “El Ayle” group. She says that where they have their loan meetings is under a tree called an Ayle, and this is why they named the group that, so they won’t forget the name. She explains that she has been in the group for several loan cycles and she is very proud to belong to a group because everyone helps out when one of them has a problem. She says that she has worked for more than 25 years cultivating and selling avocados. She also sells bell peppers, prickly pear fruits, and peaches that she cultivates. She studied through the third year of secondary school because her parents couldn’t continue supporting her economically because she had several siblings. Imelda is married to Demetrio, who works in the Central Groceries market in Mexico City. They had 5 children, and 3 of them live with her. Their names are: Carlos, who is 18 years old and works and helps with the household expenses; Vanessa, who is 16 years old and is in high school; and Fernanda, who is 14 years old and is in secondary school.

She says she is requesting the loan from Vision Fund to buy fertilizers and insecticides. She also wants to buy an insecticide sprayer to spray her plants with insecticides because there is an infestation in her trees and she is very worried because this will reduce her harvest if she doesn’t apply the insecticides in time to eliminate the bugs. Imelda learned this business because she has a piece of land that is very large, and also to help her husband with the household expenses. She says that she goes to sell in the central groceries market in a town near hers everyday. She gets up at 4:00 in the morning so that her fruit will be fresh so she can sell it fast and at a good price. She says, “Hopefully the lender can lend me the new loan so that I can save my trees and have a good harvest. I’ve invested a lot of inputs in order to improve the trees.” Imelda’s goal is to continue planting more trees. She has 87 trees and she hopes to continue planting because this is the inheritance that she will leave to her children. The other 3 members of the group are named Ivan, Ausencio, and Julia. They will all invest in their avocado crops since they also work in the same type of business.
View original language description ↓
Doña Imelda tiene 39 años de edad y es originaria de una comunidad llamada Dongu, ella es parte del grupo "El Ayle" y dice que donde hacen sus reuniones del crédito se ponen debajo de un árbol llamado Ayle y es por eso que le pusieron así al grupo para que no se les olvidara el nombre. Platica que ella ya tiene varios ciclos con su grupo y que está muy orgullosa de pertenecer a su grupo porque todos se ayudan cuando tienen alguna problemática, platica que ella se dedica desde hace mas de 25 años al cultivo y venta de aguacate y también vende chiles manzanos, nopal y duraznos que ella cultiva, dice que ella estudio hasta tercer año de secundaria porque sus papás ya no pudieron seguir apoyando económicamente ya que eran más hermanos. Imelda está casada con Demetrio quien trabaja en la central de abastos de México y tuvieron 5 hijos pero 3 de ellos viven con ella llamados Carlos: de 18 años el cual trabaja y le ayuda con los gastos de la casa, Vanesa de 16 años la cual estudia la preparatoria y Fernanda de 14 años estudiante de secundaria. Dice que está pidiendo un crédito en VisionFund para comprar abonos, insecticidas y quiere comprar una bomba para regar las plantas de insecticidas ya que hace poco le cayó plaga a sus árboles y eso la tiene muy preocupada porque disminuirá su cosecha si no le pone a tiempo los insecticidas para eliminar las plagas. Imelda emprendió este negocio porque tiene un terreno bastante amplio y para poder ayudarle a su esposo con los gastos del hogar, dice que a diario sale a vender a la central de abastos de una población cercana a la de ella; se levanta diario a las 4 de la madrugada ya que su fruta la lleva fresca para que se le venda rápido y a un buen precio, ella dice “ojala la financiera me pueda prestar el nuevo crédito para poder salvar mis arboles y pueda tener buenas cosechas ya que le he metido muchos insumos para poder mejorarlos”. La meta que tiene Imelda es seguir plantando mas arboles ya que tiene aproximadamente tiene 87 árboles y que espera seguir sembrando ya que es la herencia que les dejara a sus hijos. Los otros 3 integrantes del grupo se llaman Ivan, Ausencio y Ma Julia todos ellos invertirán en el cultivo de aguacate ya que se dedican al mismo tipo de negocio.





Previous Loan Details

Auscencio is 50 years old and comes from a community whose principal economic activity is the cultivation of poinsettias and avocados, as the soil in the area is ideal for this type of crop. He tells us that for more than 12 years he has grown avocados and says that he started his business becaus... More from El Ayle Group's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 40
    View loans »
    Mexico Loans Fundraising
  • $18,347,550
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Ayle Group's $3,200 loan helped a member to buy organic fertilizers, insecticides, and avocado seedlings.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013