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La Semillita Group
In this Group: María Balbina, Rosa, María Isabel*, María Santos, Edith, José David, María Guadalupe, Diana, Yolanda*, Elodia, Maria Eufemia
* not pictured

Update on La Semillita Group

Edith, 25, is single and lives with her mother. She is a member of a group called La Semillita. She says that she was motivated to apply for a loan in order to grow her business. She studied to be a beautician. She says that she always enjoyed styling and dressing people, so she decided to study a short degree in styling.

She is applying for a loan from VisionFund to buy the materials which she uses. She says that her business is going quite well and that she is getting more practice now. She does not have much experience and she has been in this business for 3 years, but there are people who have plenty of faith in her. She laughs, "There are women who tell me I have a good hand for haircuts because their hair grows very quickly, and that makes me more famous." She will buy dye, good-quality scissors, peroxide, tubes, and an iron to straighten her clients' hair. She says that she runs her business in her home, but she would love to have a salon with furniture in order to give her clientele a good-quality service.

The other members of the group are María Balbina, Yolanda, Elodia, Rosa, María Isabel, María Santos, José David, María Guadalupe, Diana, and María Eufemia. They will invest in their businesses, such as a clothing store, raising chickens for sale, a home-style restaurant, selling shoes from a catalog, a grocery store, and the sale of fruits and vegetables, mobile phone accessories, fantasy jewelry, and turkeys.
View original language description ↓
Edith tiene 25 años de edad es soltera y vive con su mama, ella es parte de un grupo llamado La Semillita, dice que se animo a pedir un crédito por que quiere hacer crecer su negocio, ella estudio la carrera de cultora de belleza dice que siempre le agrado la cuestión de peinar, arreglar a las personas y decidió estudiar una corta carrera de estilismo es por eso que ella está pidiendo un crédito a VisionFund para la compra de los materiales que ocupa, dice que mas o menos le va bien que ahorita esta agarrando mas practica aunque no tiene mucha experiencia ya que tiene 3 años en el negocio pero hay gente que le tiene mucha fe ella dice "hay señoras que me dicen que tengo buena mano para cortar el pelo que por que les crece muy rápido y eso hace que tenga mas fama" y ríe. Ella dice que comprara tintes, unas tijeras de buena calidad, peróxidos, tubos, y una plancha para alaciar el cabello de las clientas. Platica que tiene en negocio en su casa pero que a ella le encantaría tener una estética con todos sus muebles que ocupa para dar un servicio de calidad a la clientela. Los demás integrantes del grupo se llaman María Balbina, Yolanda, Elodia, Rosa, María Isabel, María Santos, José David, María Guadalupe, Diana y María Eufemia ellas invertirán en sus negocios en una tienda de ropa, en la compra de pollos para cría y venderlos, en frutas y legumbres para su venta, en una cocina económica, compra y venta de zapatos por catalogo, en accesorios para celular que vende, en tienda de abarrotes, en joyería de fantasía que vende y para la compra y venta de guajolotes.

Previous Loan Details

Karen is 19 years old and is an original member of the community called "la venta". She was only able to study until third grade as she lacked the resources due to her family having other children who were also studying. This is why she started her business of selling home items from a catalog.... More from La Semillita Group's previous loan »

Additional Information

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.

About Mexico

  • $15,600
    Average annual income
  • 14
    View loans »
    Mexico Loans Fundraising
  • $19,043,075
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Semillita Group's $5,500 loan helped a member to buy dye, good-quality scissors, peroxide, tubes, and an iron to straighten clients' hair.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013