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Macutzio Group
In this Group: Maria Luisa, Martha, Maria De Lourdes, Elizabeth, Ma Llenmi
Llenmi is the mother of two small children, and she is part of the Macutzio group. She says that they call it that because it is the name of a town in the state of Michoacán. This is the first time that she and the other four group members are taking out a loan. They started the group because a friend recommended that they work with VisionFund México to improve their businesses. She says that for the past six years, she has sold decorative flowers and fragrant herbs. She sells them in her town and also goes to the central market in Zitacuaro to sell them. Winter is a very busy season for her because she sells Christmas Eve flowers. She says that she is asking for a loan to buy seeds and flowerpots, because she wants to expand her business. She says "The small, rural towns are where I sell the most flowers and plants, because people are more careful with that kind of flower." She says that she hopes sales are good so that she can give her children a better quality of life. She is thankful to VisionFund for the loan. The other group members are Maria Luisa, Martha, Maria de Lourdes, and Elizabeth. They will invest in their businesses: embroidering artisan garments,and buying and selling seasonal fruits and legumes.
View original language description ↓
Llenmi es madre de dos niños pequeños, y es parte de un grupo llamado Macutzio, dice que le pusieron ese nombre porque asi se llama una comunidad del estado de Michoacán. Esta es la primera vez que sacan un crédito ella y las otras cuatro integrantes y que abrieron el grupo porque una amiga le recomendó trabajar con VisionFund México para mejorar sus negocios, dice que ella desde hace 6 años se dedica al cultivo de flores de ornato y hiervas de olor y que las vende en su localidad y también se va a vender a la central de abastos de la población de Zitacuaro y en la temporada de invierno para ella es la temporada alta ya que también vende flores de noche buena. Dice que ella está pidiendo un crédito para comprar semilla y maceta ya que quiere hacer crecer su negocio, ella dice “donde vendo mas mis flores y mis plantitas es en las rancherías ya que la gente es mas cuidadosas con este tipo de flores”, dice que ella espera que le vaya bien en la venta ya que así podrá darle a sus niños una mejor calidad de vida, agradece a VisionFund por hacerle el préstamo. Las demás integrantes del grupo se llaman Maria Luisa, Martha, Maria de Lourdes y Elizabeth ellas invertirán en sus negocios de bordado de prendas artesanales, en la compra y venta de frutas y legumbres de temporada.

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

  • $15,600
    Average annual income
  • 38
    View loans »
    Mexico Loans Fundraising
  • $19,122,575
    Funds lent in using Kiva
  • 12.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Macutzio Group's $1,725 loan helped a member to buy flowerpots, seeds, and fertilizer to grow decorative flowers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2013
Listed
Apr 4, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013