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El Fresno De La Soledad Group
In this Group: Francisca, Omar, Rogelio, Felipe, Juan, Luis Antonio*
* not pictured
Don Juan is 61 and married to Señora Angelina. Living with them are one daughter who studying nursing in college and two grandchildren. They help one of their daughters to support her children. Juan belongs to a group called El Fresno de la Soledad [The Ash Tree of La Soledad]. He says that they chose this name because there was an ash tree near their meeting place, and because their community is called La Soledad, and they decided to join the names together to name their group so that it would be easier to remember. He says that he has had a small grocery store for eight years, and that he opened it so that he could better help his family and his household. He also cultivates avocado and corn, which he sells at a supply center in a nearby village. He says that he sells his products twice a week to various other stores. He tells us that he opened his store in order to improve his household income and because there are no well-stocked stores like his in the area. He tries to have all the basic staples in his store for sale. He says that he is now requesting a loan for the purchase of eggs, even though the price of eggs has gone up quite a bit, because it is his most popular product. He will also buy sugar, soap, milk, bleach, salt, oil, cornmeal, rice, beans, chilli, mayonnaise, ham, sausage, bread, toilet paper, feminine products, etc. He wants to improve his store because he cannot afford to lose customers. His store is the best store in the community. He says that he also wants to buy some fertilizer and insecticides in order to improve his avocado trees, since he has to keep them very well-protected against the strong frost that is coming. He also needs to buy good fertilizers that won't burn the plants.
The other five group members are called Francisca, Omar, Rogelio, Felipe and Luis Antonio. They will invest their loans in the planting of avocado, in fertilizer, in seasonal fruits and vegetables, and in other supplies for growing avocados for sale.
View original language description ↓
Don Juan tiene 61 años de edad el está casado con la señora Angelina, con el vive una hija la cual estudia una escuela técnica en enfermería y dos nietos que mantiene ya que le ayuda a una de sus hijas con los gastos de sus niños. El pertenece a un grupo que se llama El Fresno de la Soledad y dice que le pusieron ese nombre por que donde hacen sus reuniones había un árbol de fresno y como la comunidad se llama La Soledad decidieron juntar los dos nombres y ponerle así al grupo para que les fuera más fácil a ellos aprenderse el nombre de su grupo. Dice que él tiene una pequeña tiendita de abarrotes desde hace 8 años y que la puso para poder estar más al pendiente de su familia y de su casa, también se dedica al cultivo de aguacate y maíz el cual sale a venderlo a la central de abastos de una población cercana a la de él. Dice que el surte sus productos que vende en diferentes tiendas y que dos veces por semana.
Platica que puso su tienda para mejorar la economía de su casa y porque cerca de ahí no hay tiendas bien surtidas como la de él y trata de tener todo lo indispensable para su venta. Dice que ahorita está pidiendo un crédito para la compra de huevo aunque ahorita subió mucho de precio pero es el producto que le piden mas, así como azúcar, jabón, leche, cloro, sal, aceite, maizcena, arroz, frijol, chiles, mayonesa, jamón, salchicha, pan empaquetado, papel higiénico, toallas femeninas, etc. El quiere mejorar su tienda porque no quiere perder a sus clientes ya que es la mejor tienda de su comunidad. Dice que también él quiere comprar un poco de abonos e insecticidas para mejorar sus árboles de aguacate ya que tiene que tenerlos muy bien protegidos por que pronto se vendrán las fuertes heladas y tiene que comprarles buenos abonos para que no se quemen. Los otros cinco integrantes del grupo se llaman Francisca, Omar, Rogelio, Felipe y Luis Antonio ellos invertirán sus créditos en planta de aguacate y abonos, frutas y legumbres de temporada e insumos para huertas de aguacate para su venta.

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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,362,500
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Fresno De La Soledad Group's $4,475 loan helped a member to stock up on items for his grocery store and for supplies for cultivating avocado.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Oct 27, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013