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La Ilusion Group
In this Group: Agustina, Juana, Maria Del Socorro, Leocadia, Ma Rosa*, Elena, Sara , Maria Dolores, Maria Del Carmen
* not pictured
The group La Illusion is a group made up of women only who all know each other very well because they live in the same community where people are known by their businesses, large or small. The members of the group say that they chose their name because for them, when they were offered credit, it was a new dream to begin their businesses or productive activities and positions and its working very well because now they have productive activities.

Juana who is a member of the group says that she is 59 years old and married to Fidel who works as a builder and they have a family with grown independent children. Juanita, as she says warmly, raises and fattens pigs for sale and this time she is asking for a loan from the institution to buy feed and hominy for her animals because she has 10 pigs and it is difficult to feed each and every one. Juanita says that she began her business because Fidel’s work was only seasonal and during the long seasons without work she needed some way to help her husband with household expenses and school fees for the children who were small, and there were too many expenses. Juanita says that the only difficulty is not having a good pigpen to keep her pigs in good condition, and because of the space she can’t raise more livestock, but she and her husband Fidel have the goal of having a bigger homestead in order to have more animals.

Juanita and the members are very happy and grateful to the institution because for them it will be a big help to continue their productive activities. Agustina will invest in feed for her calves, Leocadia, Sara, and Dolores will invest in lambs, Socorro in clothing sales, Rosa and Elena will invest in pigs, and finally Carmen will invest in sweets for sale.
View original language description ↓
El Grupo “La Ilusión” es un grupo integrado por solo mujeres todas se conocen muy bien porque viven en la misma comunidad donde la gente se caracteriza por tener sus negocios ya sean grandes o pequeños. Las integrantes del grupo platican que el nombre lo eligieron ellas mismas porque cuando les ofrecieron el crédito para ellas era una nueva ilusión para iniciar con sus negocios o actividades productivas y situación que si les ha funcionado muy bien porque hasta ahora todas tienen sus actividades productivas Doña Juana quien es una integrante del grupo platica que tiene 59 años de edad esta casada con el señor Fidel quien trabaja de constructor juntos formaron una familia con hijos pero ya todos son independientes, la señora Juanita, como le dicen de cariño, se dedica a cría y engorda de cerdos para su venta esta vez está solicitando a la institución crédito para comprar alimento y maíz molido para sus animales porque ya tiene 10 cerdos y se le dificultara para alimentarlos todos juntos Doña Juanita cuenta que inicio su negocio porque el trabajo de Don Fidel solo era por temporadas y en temporadas largas no tenia trabajo y de alguna manera tenia que ayudar a su esposo con los gastos del hogar y algunos gastos para la educación de sus hijos porque sus niños estaban pequeños y eran demasiados los gastos. Doña Juanita menciona que la única dificultad que presenta es la falta de un buen corral para mantener en buen estado sus cerdos porque debido al espacio no puede hacer crecer más ganado, sin embargo ella y Don Fidel su esposo tiene la meta de tener su granja mas grande para poder vender más animales, Doña Juanita y las integrantes están muy contentas y agradecidas con la institución porque para ellas será de gran ayuda para seguir con sus actividades productivas como Doña Agustina invertirá en alimento para sus becerros, Leocadia, Sara, Dolores invertirán en borregos, Doña Socorro en la venta de ropa, Doña Rosa, Elena invertirán en Cerdos, finalmente Doña Carmen invertirá en Dulces para su venta.

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
  • 24
    View loans »
    Mexico Loans Fundraising
  • $18,615,650
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Ilusion Group's $4,000 loan helped a member to buy feed and corn for 10 pigs.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 11, 2013
Listed
Feb 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013