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Luz Del Día Group
In this Group: Audelia, Leónides, Josefina, Yolanda

Update on Luz Del Día Group

Mrs. Josefina, 56, is originally from a region with great cultural wealth and beautiful mountains. Locals take good care of nature because close to their village, lies the Monarch Butterfly Biosphere Reserve, visited by tourists from all over the world.

Josefina is a member of the "Luz del día" [Daylight] group. She says that thanks to the loans, her business has grown a lot. She started with a small table, selling sweets more than fifteen years ago. Step by step, she started buying nonperishable food and after a while, fruits and vegetables. She now has a larger store at home, which is located by the road leading to the reserve and the archaeological area of Zirahuato, which is also very popular.

Josefina says that she has been working with VisionFund for several cycles and that their loans have helped her a lot. She says: "since I started working with the institution, my store is better stocked and my neighbors choose it over other stores, since I have everything they need. I thank VisionFund because they help me improve my small store."

Josefina is requesting a loan to buy soap, bleach, eggs, milk, sugar, beans, oil, tuna fish, chilies with vinegar, sardines, toilet paper and canned food, among other things. She says that the loan will help her a lot because she also wants to buy some sewing supplies, since there are many women in her community that normally make handicrafts to sell to tourists.

The remaining members are Audelia, Leónides and Yolanda. They will use their loans to improve a sewing supplies store and a van used for public transport and to buy women and children’s clothes to sell.
View original language description ↓
Doña Josefina tiene 56 años ella es originaria de una localidad rica en cultura y belleza en sus montes ya que los pobladores cuidan y protegen las zonas ya que muy cerca de su población se encuentra el santuario de la mariposa monarca la cual es visitada por turistas de casi todo el mundo. Josefina es parte de un grupo llamado Luz del Día, dice que a través de los créditos su negocio a crecido mucho, dice que ella empezó con una pequeña mesita con la venta de dulces hace mas de 15 años y que luego poco a poco fue invirtiendo en productos no perecederos y luego compro fruta y verdura. Ahorita tiene una tienda más grande en su casa que esta a lado de la carretera que lleva al santuario de la mariposa y a la zona arqueológica de Zirahuato, también muy visitada. Dice que lleva varios ciclos trabajando con VisionFund y que le ha servido de mucho sus créditos ella dice “desde que comencé a trabajar con la financiera tengo mejor surtida mi tienda y así mis vecinos no se van a otras tiendas a comprar ya que tengo lo necesario de productos para venderles, agradezco a VisionFund porque me ayuda a mejorar mi changarrito”. Ella está pidiendo el crédito por que comprara jabón, cloro, huevo, leche, azúcar, arroz, frijoles, aceite, atún, chiles en vinagre, sardinas, papel higiénico, enlatados etc. Dice que le servirá mucho el crédito por que también quiere comprar un poco de mercería ya que en su comunidad las mujeres suelen hacer costuras para vender en los lugares turísticos. Las demás integrantes del grupo se llaman Audelia, Leónides y Yolanda ellas invertirán sus créditos en mejorar sus negocios como en una mercería, en una combi de transporte público y en la compra de ropa para damas y niños para su venta.

Previous Loan Details

Audelia, 45, is married to Mario, a laborer. They have four children, only one of whom is still a dependent and attends high school. She says that there are four other members of the communal bank “Luz del Día” [Daylight] and that they chose this name because the loan is a light by which the wome... More from Luz Del Día 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
  • 22
    View loans »
    Mexico Loans Fundraising
  • $19,052,100
    Funds lent in using Kiva
  • 12.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz Del Día Group's $3,875 loan helped a member to buy soap, bleach, eggs, chilies with vinegar, oil, beans and other supplies for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 5, 2013
Feb 21, 2013
Currency Exchange Loss:
Jul 17, 2013