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El Eucalipto Group
In this Group: Maria Margarita, Elvira*, Lilia, Santa, Fausto, Ma De Los Angeles, Cleotilde, Virginia, Camerina, Maria Guadalupe
* not pictured

Update on El Eucalipto Group

Santa is from the residential unit of Emiliano Zapata. She says that she has already completed several loan cycles with VisionFund in the group called "El Eucalipto" (The Eucalyptus), and that she likes how the lending agency works. She says, "The payments have not been hard to make, and apart from that, I have the opportunity to save and to stock my grocery store."

She says that she has had a small grocery store in her community for 20 years and that it was one of the first that existed in her town. She is asking for this loan to improve her shop. Although it is small, she keeps it very well stocked. It is in her home and her spouse built a little room out of wood so that she could put her business there. She wanted to start this type of business because she didn't have a stable job since she hadn't studied beyond primary school, and she couldn't find work elsewhere. Since she saw that there weren't any shops close to her home, she decided to start one.

She buys her products in different shops in the town of Zitacuaro, where they give her low prices. With the loan she is requesting, she wants to stock her shop with items like eggs, bleach, sugar, milk, beans, toilet paper, tissues, lightbulbs, napkins, soft drinks, snacks, bread, cookies, canned chiles, tuna, sardines, mayonnaise and cream. She also wants to get tomatoes, onions, serrano chiles and manzano chiles, which she says she will buy at the wholesale food market in Zitacuaro.

Santa's goal is to be able to build her shop out of a material that won't get ruined by the weather. The other group members are named María Margarita, Elvira, Lilia, Fausto, Ma. de los Ángeles, Cleotilde, Virginia, Camerina and María Guadalupe. They will invest in their businesses and buy fruits and legumes from the region, items for grocery stores, and jewelry items to re-sell.
View original language description ↓
Doña Santa es originaria de la unidad de Emiliano Zapata, plática que ya tiene varios ciclos trabajando con VisionFund en el grupo llamado El Eucalipto y que le gusta cómo trabaja la financiera ella dice “no se me han hecho los pagos pesados aparte que tengo la oportunidad de ir ahorrando y de ir surtiendo mi tienda de abarrotes”. Dice que tiene una tiendita de abarrotes en su comunidad desde hace 20 años y que fue unas de las primeras que hubo en su pueblo. Platica que ella pide créditos para mejorar su changarro aunque es pequeño lo tiene muy bien surtido, dice que está en su casa y que su esposo le hizo un cuartito de madera para que lo pusiera su negocio y que puso ese tipo de negocio porque no tenía un trabajo estable ya que ella nada mas había estudiado la primaria y no le querían dar trabajo entonces como vio que no había tiendas cerca de su casa decidió poner una. Ella surte sus productos en diferentes tiendas de la población de Zitacuaro donde le dan precios bajos, ahorita ella quiere surtir con el préstamo que está pidiendo artículos de abarrotes como huevo, cloro, azúcar, leche, frijol, papel higiénico, pañales, focos, servilletas, refrescos, sabritas, pan, galletas, chiles enlatados, atún, sardinas, mayonesa, crema y ahorita quiere invertir jitomate, cebolla y chiles serranos y chiles manzanos, dice que esos los ira a comprar a la central de abastos de Zitacuaro. La meta de Doña Santa es poder hacer su local de material para que no se le eche a perder nada con las inclemencias del clima. Las demás integrantes del grupo se llaman María Margarita, Elvira, Lilia, Fausto, Ma. de los Ángeles, Cleotilde, Virginia, Camerina, María Guadalupe ellas invertirán en sus negocios de venta y compra de frutas y legumbres de la región, en artículos de abarrotes, en la compra de bisutería para su venta.

Previous Loan Details

Perla is 34 years old and is married to Marcos, who works in the United States. They have two children who are in primary school who are Perla's pride. She says that she is part of the Eucalipto group, and that they gave themselves that name because the group meets under a eucalyptus tree so th... More from El Eucalipto 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
  • 58
    View loans »
    Mexico Loans Fundraising
  • $20,006,275
    Funds lent in using Kiva
  • 12.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Eucalipto Group's $5,850 loan helped a member to invest in items for her grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 20, 2013
Mar 23, 2013
Currency Exchange Loss:
Aug 17, 2013