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Linojo Group
In this Group: Benita, Maricela, Josefina, Sofia, Celedonia
Linojo is a new group made up of five female members who they themselves chose the name and they chose it because it's the name of a tea that they know and use for homemade remedies.

Celedonia is 42 years old and is a single woman. She has only one dependent, her father. Celedonia has a grocery store which she opened 15 years ago because she lived alone with her elderly parents. It was Celedonia's responsibility to take care of them and give them what they needed. They saw that it was very viable to establish a store in the community because often people had to walk far to be able to buy food, drinks or snacks. Now Celedonia talks: “Before we sold a lot now sales have lowered by a lot because other people have also opened up corner shops”. Celedonia worries about this because now her father is ill and if things continue this way if the day comes that her father gets worse they will not have money for medication. The only thing that Celedonia wants is that her profits increase a little only to have money for her father's medicine for when he gets ill.

This time she is requesting a loan to supply her grocery store. She will buy milk, bread, eggs, sugar, salt, refreshments, water, fried snacks, detergents etc... Caledonia and the other members are thankful for the loan because they will be able to invest it. Benita will invest in turkeys and feed for the turkeys, Maricela and Josefina will invest in a sewing supply store and Sofia will invest in chickens.
View original language description ↓
Linojo
Es un grupo nuevo y está conformado por cinco integrantes mujeres ellas mismas eligieron el nombre del grupo y lo eligieron porque es el nombre de un té que ellas conocen y lo utilizan para remedios caseros. Doña Celedonia tiene 42 años de edad es una mujer soltera solo tiene un dependiente el cual es su papa. Doña Celedonia tiene una tienda de abarrotes desde hace 15 años la inicio porque vivía solo con sus padres que ya eran personas mayores de edad para Doña Celedonia eran su responsabilidad cuidarlos y darles lo que necesitaban vieron muy viable establecer una tienda en la comunidad porque muchas veces las personas tenían que caminar mucho para poder comprar algo de comida, algún refresco o algo que se les antojara, solo que ahora Doña Celedonia platica: “Antes vendíamos muy bien ahora las ventas han bajado mucho pero porque ya otras personas también ya pusieron sus misceláneas” La señora Celedonia le preocupa esta situación porque actualmente tiene a su papá enfermo y si las cosas siguen a si el día que llegue a enfermar su papá no tendrá para sus medicamentos Doña Celedonia lo único que quiere es que sus ganancias aumenten un poquito solo para tener para los medicamentos de su papá el día que llegue a enferman, esta vez está solicitando el crédito para abastecer su tienda de abarrotes comprara leche, pan, huevo, azúcar, sal, refrescos, aguas, frituras, detergentes etc. Doña Caledonia y las otras integrantes están agradecidas con el crédito porque podrán invertir sus Benita invertirá en guajolotes y alimento para los mismos, Maricela y Josefina invertirán en bonetería y Sofía invertirá en pollos.

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
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,739,950
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Linojo Group's $875 loan helped a member to buy sugar, drinks, juices, salt, bread and milk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013