Check out other loans that are currently fundraising!
Las Azucenas De Pueblo Nuevo Group
In this Group: Alma Isabel, Gabriela, Marisela, Fabiola*, Maria Isabel, Irma, Adelina, Jarintzi
* not pictured

Update on Las Azucenas De Pueblo Nuevo Group

Jarintzi, 24, is single and teaches elementary school in an indigenous community. She says: “I like to relate to people and teach new and innovative things to children. I like working with community people because they are responsible and even though they have no formal schooling they are respectful and kind people.” She’s a member of a group called “Las Azucenas de Pueblo Nuevo” (Pueblo Nuevo Easter Lilies). She says they decided on this name because the lady of the house they meet in has many of these flowers and the ‘Pueblo Nuevo’ part is because that’s the name of their location.

She says that besides working mornings as a teacher, she also sells shoes, clothes and various brand cosmetics via catalogue in the afternoon. She says she started this business to help her parents when she was a student since she studied in a city called Morelia which is the capital of the state of Michoacán and to help her parents pay for her books and other supplies she needed she decided to start her own business. She stocks up on merchandise at various authorized shoe, clothes and cosmetics distributors.

The other seven group members are: Alma, Gabriela, Marisela, Fabiola, María Isabel, Irma and Adelina. They will invest in their businesses: to buy raw materials to make cakes and pastries in a bakery, to buy candy to sell, to buy stock merchandise for a grocery store, to buy live chickens to then sell butchered by the kilogram and to stock up to fill cosmetics, shoes and clothing orders to sell.
View original language description ↓
Jarintzi tiene 24 años de edad es soltera y es maestra de primaria en una comunidad indígena, ella dice “ me gusta el relacionarme con la gente enseñar a los niños cosas buenas e innovadoras, me gusta trabajar con la gente de comunidad por que las personas son responsables y aunque no tienen estudio son personas respetuosas y amables” ella pertenece al grupo llamado Las Azucenas de Pueblo Nuevo” dice que le decidieron poner ese nombre al grupo por que en la casa donde se reúnen la señora tiene muchas flores llamadas así y lo de pueblo nuevo por que así se llama su localidad. Dice que aparte de trabajar como maestra por las mañanas por la tarde vende zapato por catalogo, ropa, cosméticos de diferentes marcas a sus compañeras de trabajo y a sus conocidas, dice que empezó con este negocio para ayudarle a sus padres cuando ella era estudiante ya que estudiaba en una ciudad llamada Morelia que es la capital del estado de Michoacán y para apoyar a sus papas con los gastos de sus libros y materiales que ocupaba decidió empezar su propio negocio. Ella surte sus productos en diferentes distribuidoras autorizadas de zapato y ropa y cosméticos. Las otras siete integrantes del grupo son Alma, Gabriela, Marisela, Fabiola, María Isabel, Irma y Adelina ellas invertirán en sus negocios en una pastelería ya que comprara materia prima para hacer sus pasteles y postres, para la compra de dulces para vender, artículos para tienda de abarrotes, para la compra de pollo vivo para después venderlos por kilos destazado y para surtir pedidos de cosméticos, ropa y zapatos para vender.



Previous Loan Details

Leonarda, 62, is a very hardworking, cheerful woman who makes all the group meetings pleasant. She relates that she only studied up to sixth grade in elementary school because her parents did not have the resources to send her to school because they were 11 siblings. She is part of the “Las… More from Las Azucenas De Pueblo Nuevo 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
  • 12
    View loans »
    Mexico Loans Fundraising
  • $17,278,200
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Azucenas De Pueblo Nuevo Group's $3,400 loan helped a member to buy cosmetics, shoes and clothes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013