Check out some available loans that are similar to this one!
Las Margaritas Group
In this Group: Guadalupe Margarita, José De Jesús, Gabriela Elitania, Teresa De Jesús, María Estela, Ma Teresa, María Guadalupe*, Maribel, Anahí, Ma Leonor, Ma Luz
* not pictured
José de Jesús is a hardworking man from Zitácuaro. This historic city lies close to the Monarch Butterfly Biosphere Reserve, the destination of the annual migration of monarch butterflies from Canada.

José belongs to a group called las Margaritas (the Daisies) and he says that they chose the name because this type of flower grows where they hold their meetings. He has two taxis and says that he had great difficulty in obtaining the number plates because they will not sell them to just anyone who wants to work as a taxi driver.

He is seeking a loan to maintain his taxis since the vehicles are quite old. He says that he is doing well because he works with radios in his cabs, which means there is a base which people can call to request a taxi. He says that the hardest part of his job is the night shift, because he must not fall asleep. He wants to do well for his children's sake and he is married to Esperanza who is a housewife. He says that when he needs a car part, he goes to Toluca, as prices are lower there.

His ambition is to have a fleet of 5 taxis, as it is a good job which he can leave to his children.

The other 11 members of the group are called Guadalupe, Gabriela, Teresa de Jesús, María Estela, Ma. Teresa, María Guadalupe, Maribel, Anahí, Ma. Leonor and Ma. Luz. They will use their loans for their businesses: video games, women's and children's clothing sales, regional sweets, supplies for avocado production, sales of underwear and plastic cookware, selling quilts and shoes by mail order etc.
View original language description ↓
José de Jesús es un hombre trabajador, él es originario de una población llamada Zitácuaro una ciudad con mucha historia, muy cerca de ese pueblo se encuentra el santuario de la mariposa monarca la cual año con año arriban desde Canadá. El pertenece a un grupo llamado Las Margaritas dice que le pusieron ese nombre por que donde hacen sus reuniones hay des ese tipo de flores. El tiene dos taxis en servicio, dice que con mucho esfuerzo ha sacado las placas ya que no a cualquiera se las venden para trabajar como taxista, el esta pidiendo un crédito para darle mantenimiento a sus taxis ya que son algo antiguos sus autos. Dice que le va muy bien ya que trabaja con radios los cuales tienen una base y ahí les hacen pedidos de servicio de taxi, dice que cuando siente mas pesado el turno es el de la noche por que no tiene que dormir pero que el le echa ganas para salir adelante por sus hijos, el esta casado con Esperanza la cual es ama de casa. Dice que cuando necesita alguna pieza del vehículo va a solicitarla a Toluca ya que allá dan precios mas bajos. Su meta es tener unos 5 vehículos trabajando de taxis ya que es un buen trabajo que les puede heredar a sus hijos. Los otros 11 integrantes del grupo se llaman Guadalupe, Gabriela, Teresa de Jesús, María Estela, Ma. Teresa, María Guadalupe, Maribel, Anahí, Ma. Leonor y Ma. Luz ellas invertirán en sus negocios de juegos de video, venta de ropa para damas y niños, dulces regionales, insumos para cultivo de aguacate, venta de ropa interior y trastes de plástico para cocina, venta de colchas y zapatos por catalogo etc.

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
  • 8
    View loans »
    Mexico Loans Fundraising
  • $17,731,700
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Margaritas Group's $5,575 loan helped a member to maintain the cars used for a taxi service.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2012
Listed
Dec 5, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013