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Dalias Group
In this Group: Minerva, Rosario, Norma, Rosalba, Leopoldo

Update on Dalias Group

Leopoldo is a hardworking man. He is responsible with his payments. He says that he previously was in a group but unfortunately one of the members died and the group broke up. He decided to join his neighbor’s group as he knew her as a hardworking and reliable woman.

He states that he works selling secondhand clothing and shoes. He says that it all began because when he was working in the United States he sent clothing to his wife for her to sell and as he saw it was a very good business he decided to return to be at his family’s side and they could make the business more productive together. Leopoldo says, “while my wife positions herself at the front door of the house I go to sell in the street markets in the area. Sometimes I take the car to sell at the farmhouses and if sales go very well it is because I bring quality clothing at a low price.”

He gets his clothing in a village called Hidalgo, Michoacán, where they sale bales (wholesale) of clothing of different sizes, colors, and for every taste. He says that he is asking for a loan because he wants to replenish his merchandise because now another season is coming and he wants to have warm weather clothing. His goal is to buy a stand at a marketplace so he doesn’t have to walk from one side to the other, being established.

The other members of the group are called Minerva, Rosalba, Rosario and Norma. they will invest their loans in a grocery store and in the purchase of supplies to make Mexican treats.
View original language description ↓
Leopoldo es un hombre trabajador, cumplido en sus pagos, dice que él anteriormente estaba en un grupo pero desgraciadamente falleció uno de sus integrantes y se desintegro ese grupo y decidió meterse al que pertenece su vecina que sabe el que es una mujer trabajadora y responsable. Platica que se dedica a la compra venta de ropa y calzado de segunda mano. Dice que todo empezó por que el estuvo en Estado Unidos trabajando y le mandaba ropa a su esposa para que la vendieran y como vio que era muy buen negocio decidió regresarse para estar a lado de su familia y así juntos hacer mas productivo el negocio, dice Leopoldo “mientras mi señora saca el puesto en la puerta de la casa yo me voy a vender a los tianguis de la región en mi carro y a veces me voy en mi carrito a vender por los ranchos y si se vende muy bien ya que traigo ropa de calidad y a bajo precio”. El surte la ropa en una población llamada Hidalgo Michoacán, donde le venden las pacas (mayoreao) de ropa de diferentes tallas, colores y para todos los gustos, platica que está pidiendo un crédito por que quiere volver a surtir porque ahorita viene otra temporada y quiere surtir otra ropa para el calor. Su propósito es comprar un puesto en un tianguis para no andar de un lado a otro y estar bien establecido. Las otras integrantes del grupo se llaman Minerva, Rosalba, Rosario y Norma ellas invertirán sus créditos en una tienda de abarrotes, en la compra de insumos para elaborar antojitos mexicanos.

Previous Loan Details

Adilene is part of the group called Dalias. The name Dalias comes from the fact that the area where they gather has beautiful dahlias. She is a single 20 year-old who studied in beauty school. She says that the people of her hometown go to her to get their hair cut. She also knows how to do h... More from Dalias 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
  • $18,792,250
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Dalias Group's $6,825 loan helped a member to buy secondhand clothing and shoes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 28, 2013
Listed
Feb 3, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013