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Las Flores Group
In this Group: Angela, Maria De Los Angeles, Maria Luisa , Karla , Margarita , Irma
Las Flores is a group made up of 6 people, each of whom has a economic trade with the aim of offering their family a better life on a day to day basis. Angela sells shows, Maria de los Angeles sells drinks, Maria Luisa sells cosmetics, Karla sells shoes, Margarita sells drinks and Irma sells groceries.

Margarita is a happy and enterprising woman who has two children, she only studied a primary school education and is married to Roberto. She tells us that she always wanted to have a grocery shop in her home to be able to help with the household expenses. Five months ago, with the help of her husband, she was able to set up a little shop where she sells various groceries, sweets and drinks. Margarita opens her business early every day to welcome her neighbours. Her favourite thing about her business is that her children are learning to work as they occasionally help in the store.

A loan from Vision Fund will help her to restock her business by buying beans, oil, rice, soup, sugar, toilet paper, tin foil, tooth paste, shampoo, biscuits and drinks. She hopes that with this investment her business can continue growing and offering a better service to her customers and in the future she will be able to give her children the opportunity to continue with their studies.

NB. the woman in the background wearing the blouse and black trousers is not a group member, but she wanted to be in the photo.
View original language description ↓
Las Flores es un grupo integrado por 6 personas cada una de ellas realiza una actividad económica con el propósito de día a día brindar a su familia una mejor calidad de vida: Angela vende calzado, Maria de los Angeles vende refrescos, Maria Luisa se dedica a la venta de cosméticos, Karla venta de calzado, Margarita venta de refrescos e Irma a la venta de abarrotes.

Doña Margarita es una mujer alegre y emprendedora, ella tiene dos hijos, solo estudio la primaria y esta casada con el señor Roberto. Ella platica que siempre había querido tener una tienda de abarrotes en su hogar para poder ayudar con los gastos del hogar y hace 5 meses con el apoyo de su esposo puso su tiendita en la cual vende variedad de abarrotes dulces y refrescos. Doña Margarita abre su negocio todos los días desde muy temprano para que sus vecinos acudan a comprar, lo que mas le gusta de su negocio es que sus hijos están aprendiendo a trabajar ya que de ves en cuando la ayudan a despachar.

Un crédito de Vision Fund le dará la oportunidad de resurtir su negocio comprando, frijol, aceite, arroz, sopa, azúcar, papel higiénico, aluminio, pasta dental, shampoo, galletas y refrescos. Ella espera que con esta inversión su negocio continué creciendo para brindar un mejor servicio a sus clientes y en un futuro dar a sus hijos la oportunidad de seguir estudiando.

Nota: la señora del fondo de blusa y pantalón negro no es miembro del grupo pero quiso salir en la foto.

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
  • 12
    View loans »
    Mexico Loans Fundraising
  • $18,777,525
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Flores Group's $1,825 loan helped a member to buy beans, oil, rice, soup, sugar, toilet paper, tin foil, toothpaste, shampoo, biscuits and drinks.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013