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Peñitas Group
In this Group: Andres, Ines , Bibiana, Juana, Rosa, Irineo , Martha Florencia , Luis , Adelina , Maria Luisa, Guadalupe
The “Peñitas” group is located in a very beautiful community characterized by its large trees and also because it’s usually always cold there. The group has 11 members who are very hardworking and responsible and always try to be very punctual on any occasion when the group needs to be addressed for anything. The group name was chosen because that’s the name of the community they belong to and apparently it’s in the Mazahua tongue. The group members have requested a new loan to invest in their activities.

For example, Bibiana will invest in stuffed toys, Andrés in goats for barbeque, Inés, Rosa and Guadalupe in chickens and turkeys, Irineo and Adelina in their vegetable crops, Martha in her grocery store, Luis in his taxi and María in her piglets.

Juana who also forms part of this group relates that she has four children who are still minors; the oldest has just started secondary school. She’s been married 13 years and she’s 32-years-old. She lives in a borrowed house and her husband’s employed. The place they live in is the Las Peñas neighborhood that belongs to El Oro, México.

Juana sells plastic containers in all sizes and shapes. She usually sells to women. It’s good quality merchandise, not brand-name but durable nonetheless. For example, she carries sauce containers, lunch boxes, screw containers, drinking glasses and plates, among others. Juana says that sometimes it’s difficult to sell all her plastic wares because not all housewives venture to buy. She comments that the situation is very difficult and in order to sell and earn even a little profit she lowers her prices but does not like selling on credit because she runs the risk of some people not paying her. It’s also been hard to acquire customers because people might buy something from you at the moment and then after a month or two perhaps buy something else and this is why Juana wants to have a good stock of new merchandise on hand for her customers. There are newer, prettier styles of plastic ware than previous ones and this means that she will be able to sell them all. It’s advantageous for Juana to invest in packages and she comments that profits are higher that way and better for her because she doesn’t have to go restock so often. Her husband helps her occasionally to sell more quickly because he’ll sell to his friends at work.
View original language description ↓
El grupo peñitas se encuentra en una comunidad muy hermosa lo que caracteriza sus arboles grandes también por lo general hace siempre hace mucho frio siempre, el grupo está integrado por 11 personas las cuales son muy trabajadoras y responsables siempre tratan de estar muy puntuales con para cualquier situación que se tenga que hablar con su grupo el nombre del grupo lo eligieron porque así se llama la comunidad donde pertenecen y al parecer está en la lengua mazahua, los integrantes del grupo han solicitado un nuevo crédito para invertir en sus actividades como Bibiana quien invertirá en juguetes para algodones, don andres comprar borregos para barbacoa, Doña Inés, Rosa y Guadalupe invertirán en pollos y guajolotes, Don Irineo y Adelina en la cosecha de sus hortalizas, Doña Martha en una tienda de abarrotes, Don Luis en su taxi y Doña María en sus cerditos Doña Juana quien también forma parte del grupo platica que tiene 4 hijos no son mayores de edad y el mayor entro a la secundaria, tiene 13 años de casada y 32 años de edad, vive en casa prestada y su esposo trabaja, el lugar donde viven es en el barrio las Peñas en una comunidad que pertenece al municipio de el Oro, México. Doña Juana se dedica a vender Toopers de plástico, tiene variedades en tamaños y modelos por lo regular siempre les vende a mujeres, es mercancía de buena calidad no es de marca pero si son durables, por ejemplo trae consigo salseras, loncheras, tortilleros, vasos, platos entre otras cosas, Doña Juana dice que en ocasiones si ve difícil terminar de vender sus plásticos ya que no todas las amas de casa se animan a comprar, comenta que la situación está muy difícil y ella con tal de vender y de ganar aunque sea poco deja las cosas más baratas pero no le gusta dejar las cosas fiadas ya que corre el riesgo de que algunas gentes no le paguen, también lo que se le ha hecho muy difícil es conseguir sus clientes, porque son gente que tal vez en un momento te compren y después de uno o dos meses te vuelven a comprar otra cosa diferente y en este momento doña Juana tiene sus clientes y por esa razón quiere comprar nueva mercancía y lo que le gusta que siempre que va por nueva mercancía hay nuevos modelos de toopers mas bonitos que los anteriores y eso significa que los puede terminar de vender, a doña Juana le conviene invertir por paquetes nos comenta que tiene más ganancias y es mejor para ella porque evita ir mas seguido por cosas, también su esposo le ayuda en ocasiones para poder vender mas rápido las cosas porque en su trabajo ofrece a sus amigos.

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

  • $15,600
    Average annual income
  • 26
    View loans »
    Mexico Loans Fundraising
  • $19,061,275
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Peñitas Group's $4,850 loan helped a member to buy plastic ware.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2013