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El Pozito Comercio Group
In this Group: Julia , Natalia, Juana, Ma De Lourdes, Maricruz, Icela, Ma Juana
“El Pozito” Communal Bank is located in a community that is known for its cultivation of “nopales” (cactus). It is a very pretty and large community; above all it is very large. There are seven members in the bank and all are women. They themselves chose the name of their group and they say they chose this name because there is a "pozito" or small pool near where they meet, which has been there for several years.

The members of the bank are all very hardworking and enterprising people with productive businesses. Thus they are requesting a loan from FRAC. They include, for example, Sras. Maria de Lourdes, Maricuz, Maria Juana, and Icela, who will purchase cleaning products to sell, while Doña Julia will buy ceramic hotplates to sell.

Doña Natalia, who is also part of the group, has been a client of FRAC for several years and started by requesting a small loan to invest in her business selling hotplates and T-shirts. To date she has successfully had even larger loans.

She notes that she is 50 years old and has been married to her second husband, Sr. Remigio, for the past 25 years. They have four children, of whom only one is still dependent on them. Natalia has been selling hotplates and beachwear for 30 years and started the business because she wanted to help her husbands with household expenses. She says: “I enjoy selling very much because formerly I was a street vendor selling both in my own and neighboring communities, etc. Nowadays, we are selling in the city of Mexico. My only difficulty is during the rainy seasons because usually one cannot sell when it rains all day and I don’t have an established stall with all of my merchandise.” Nevertheless, the best seasons are yet to come for Natalia. Consequently she is requesting a loan from FRAC and Kiva.

Doña Natalia’s goal is to see her children become professionals.

All of the members of the bank are very grateful for the support and confidence shown by World Vision International and Kiva with the loan granted to them because it will be a great help in their productive activities.
View original language description ↓
El grupo “El Pozito” se encuentra en una comunidad que se caracteriza por la siembra de nopales, es una comunidad muy bonita y grande sobretodo eso es muy grande, los integrantes del grupo son siete todas son mujeres ellas mismas eligieron el nombre de su grupo y platican que pusieron este nombre porque cercas de donde se reúnen se encuentra un pozito que lleva ya varios años en ese lugar. Las integrantes del grupo son personas muy trabajadoras y emprendedoras todas y tienen una actividad productiva es por eso que están solicitando un crédito a la institución como por ejemplo las señoras María de Lourdes, Maricruz, María Juana, Ícela, compraran productos de Jarcería para su venta, mientras que Doña Julia comprara comales para su venta. Doña Natalia quien también forma parte del grupo es cliente desde hace ya varios años de la institución inicio solicitando un crédito pequeño para invertirle a su negocio de comales y playeras hasta la fecha mantiene un crédito ya mas grande, platica que tienen 50 años de edad esta casada con el señor Remigio desde hace 25 años con el cual ha formado una familia con cuatro hijos de los cuales ya solo uno es dependiente, Doña Natalia se dedica a la venta de comales y playeras en su negocio lleva ya 30 años e inicio el negocio porque quería ayudar a mi esposos con los gastos del hogar, conversando con la señora Natalia comento “Me gusta mucho vender ya que antes vendía ranchando por las calles ya sea en la comunidad, en otras comunidades, etc. Actualmente estamos vendiendo en la ciudad de México, mi única dificulta es cuando son temporadas de lluvia ya que por lo normal no se vende y llueve todo el día y como no tengo un puesto establecido toda mi mercancía” sin embargo para Doña Natalia viene las mejores temporadas es por eso que esta solicitando un crédito a la intititucion y Kiva, la meta de Doña Natalia es ver a su hijo realizarse profesionalmente en general todo el grupo esta muy agradecido por el apoyo y confianza de Vision Found y Kiva por el crédito otorgado ya que será de gran ayuda para sus actividades productivas.

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
  • 25
    View loans »
    Mexico Loans Fundraising
  • $18,347,550
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Pozito Comercio Group's $6,850 loan helped a member to purchase ceramic hotplates to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2013