Rayito De Sol Group
Update on Rayito De Sol GroupThe “Rayito de Sol” (Little Ray of Sunshine) group is comprised of nine, responsible, hardworking women who strive always to move their families forward. These women live in a community where people in addition to growing corn also work in commerce; it’s a small, very tranquil place. The name of the group was chosen because when they joined together one of the members had a children’s musical group called “Rayito de Sol.”
Elena, 40, who is a member of this group, relates that she’s been married to Israel for 20 years; they have formed a family and have two children attending school. Elena has been selling blender jars and cleaning supplies for 20 years having started her activity when she married her husband, Israel. Elena commented: “I started selling these items because I wanted to somehow help my husband with household expenses, especially for my children, so they would have a better quality of life and a good education.”
Elena has always enjoyed selling her products because when she does well she’s able to buy food, clothes and shoes for her children. The only difficulty is when the authorities in charge prevent them from going outside the market to sell their wares because this affects their profits. This hasn’t stopped her though; her goal has always been to have an established stand somewhere in order not to have to walk so much. Elena would like to improve her children’s quality of life.
The same as Elena, the other group members also have their activities. Florentina will buy stock merchandise for her store, Juana will buy robes and aprons, Eufemia and Carolina will buy television controls, Paula and Guadalupe will buy blender jars and Josefina will buy shawls and wraps.
Doña Elena quien forma parte del grupo platica que tiene 40 años de edad es una mujer casada desde hace 20 años con el señor Israel, juntos han formado una familia con 2 niños que se encuentran estudiando, Doña Elena desde hace 20 años se dedica a la venta de vasos de licuadora y productos de jarcería inicio con su actividad cuando se caso con su esposo Israel, Doña Elena comento "Yo inicie con la ve venta de estos productos porque de alguna manera queria ayudar a mi esposo con los gastos del hogar para mis hijos sobretodo para que ellos pudieran tener una mejor calidad de vida y una buena educacion" A Doña Elena siempre le ha gustado mucho vender sus productos ya que cuando le va bien puede comprar alimentos, ropa, zapatos para sus hijos, solo que su unica dificultad es cuando las autoridades encargadas no las dejan salir del mercado para ofrecer sus productos y esto le afecta en sus ganancias, esto no la detiene en nada ya que siempre ha tenido la intencion de poder llegar a tener un puesto establecido en algun lugar y ya no tenga que caminar tanto, a Doña Elena le gustaria mejorar la calidad de vida de sus hijos. Asi como Doña Elena tiene su actividad tambien las otras integrantes del grupo tienen su actividad como Doña Elvia, Florentina compraran productos para su tienda de abarrotes, Doña Juana invertira en batas y mandiles, Eufemia, Carolina controles para TV Paulay Guadalupe invertiran en vasos de licuadora, y Doña Josefina en Chales y rebosos.
Previous Loan DetailsThe “El Rayito de Sol” (Little Ray of Sunshine) group is composed of nine responsible, hardworking women who strive to move their families forward. These women live in a community called San Agustín Mextepec where the people in addition to growing corn also work in commerce in a small, very tran... More from Rayito De Sol 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
- Repayment Term
- 6 months (Additional Information)
- Repayment Schedule
- Dec 19, 2012
- Jan 7, 2013
- Currency Exchange Loss:
- May 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.