Update on Mu´ssha GroupJosefa, 67, is a widow. She lives alone and is a very hardworking, very cheerful woman who belongs to an indigenous town called Francisco Serrato where the Mazahua culture still predominates. She’s part of the group called “Mussha.” She says that they formed this group because several of the people wanted to start business of their own because people in the big towns wouldn’t hire them because they came from indigenous communities. “People in the cities sometimes discriminate against us because we speak our own dialect and dress in traditional, multi-colored skirts and they don’t want to hire us which is why we are asking for loans to set up our own businesses,” she says.
She says that she did not go to school because she’s been an orphan since she was very little and her grandmother didn’t care one way or the other if she went to school or not. She says that she taught herself to embroider when she was very little and also how to plant since she has large parcels of land with very fertile soil that produces very good quality corn.
She has a business selling candy, fast-food snacks, soft-drinks and juice outside a school and her town’s health center and she says that she does well since there are just two stands there. She buys the candy in a nearby town where she finds low prices and the soft-drinks are delivered to her by the various soft-drink company delivery trucks.
Right now she’s asking for a loan because she wants to stock her stand and also wants to sell marigolds and velvet to sell in her community for the Day of the Dead since year after year residents in her community visit the graves of their departed and decorate them with flowers and food which is why the loan is urgently needed now so she can buy everything she needs.
She says that she’ll go buy the flowers in a town near her community that specializes in growing this type of flower used for Day of the Dead. She says that she’s very happy because she thinks she’ll do very well. She’s grateful to Vision Fund because her life has been improving thanks to the loans she’s requested because with profits obtained she’s been buying one or two sheets of metal to make improvements in her little house because it’s made of wood and pasteboard.
The other six members of the group are Venancio, Aurelia, Elpidio, Aurelia, María Eduviges and Yolanda. They will invest their loans in a carpentry shop buying supplies to manufacture furniture, in a sewing shop buying fabric and supplies to make traditional indigenous costumes, to stock up on soft-drinks to sell, to buy supplies to do artisanal embroidery and to buy some goats to raise and then sell.
Previous Loan DetailsAurelia is originally from the community of Francisco Serrato, located in the state of Michoacan. It is a locality that is rich in pine trees and it has a beautiful view of its forests. Here, the Mazahua language and clothing are predominant. Aurelia says that she is an artisan who produces ladies'… More from Mu´ssha Group's previous loan »
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.
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Success!! The loan was 100% repaid