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Las Colorinas Group
In this Group: Enedina, Catalina, Juana, Maria Guadalupe, Gregoria , Julia, Olivia
The "Las Colorinas" ("the coral trees", in English) group is made up of hard-working and responsible women who live in the same community and who have known each other for a long time. The group's members chose the name for the group themselves because there are coral trees growing in their local area. Enedina represents the group and she tells us that she is 29 years old, has been married for a year - to a man named Romualdo -, and together with her husband they have a two children - one is already at primary school. Enedina has had a grocery store for ten years. The idea was Enedina's and it all started with her husband selling sweets from a wooden table but, little by little, they started selling groceries. Now, Enedina is applying for a loan in order to buy more groceries such as detergent, milk, eggs, sugar, salt, seeds, tinned goods, drinks and bread, which is what usually sells most in the community. According to Enedina, she has not had any difficulties with her grocery store but she says her dream is to expand the business and to begin selling cold meats and dairy products, such as yoghurts, again. That way she will earn more and can improve her children's quality of life so that they can study to be professionals. Enedina and, indeed, the whole group, are very happy and grateful to the institution as, thanks to the loan, they will be able to invest in their businesses. Catalina, Juana, María Guadalupe, Julia and Olivia will invest in raising yearling sheep. Gregoria will invest in raising pigs.
View original language description ↓
El grupo “Las Colorinas” está conformado por mujeres muy trabajadoras y responsables que viven en la misma comunidad y se conocen desde hace mucho tiempo. El nombre del grupo lo eligieron ellas mismas porque en la comunidad donde viven hay árboles con el nombre de colorín y como solo son mujeres se nombraron "Las Colorinas". Doña Enedina quien es la representante del grupo platica que tiene 29 años de edad está casada desde hace 12 años con el señor Romualdo, juntos han formado una familia con 2 niños de los cuales uno ya se encuentra estudiando su educación primaria. Doña Enedina tiene una tienda de abarrotes desde hace 10 años cuenta que la inició porque fue idea de ella y su esposo inició vendiendo solo dulces en una mesita de madera pero poco a poco fue vendiendo productos de abarrotes. Ahora está solicitando un crédito a la institución para poder comprar más abarrotes como detergente, leche, huevo, azúcar, sal, semillas, productos enlatados, refrescos, y pan que es lo que normalmente se vende más en la comunidad. Por lo que comenta, Doña Enedina no ha tenido ninguna dificultad con su tienda de abarrotes aunque su sueño es hacerla crecer y volver a vender carnes frías y productos lácteos como yogurt y así obtener más ganancias y mejorar la calidad de vida de sus hijos para que les permita terminar una carrera profesional. Así Como Doña Enedina y el resto del grupo están muy contentos y agradecidos con la institución ya que gracias al crédito les permitirá invertir en sus actividades económicas. Como Doña Catalina, Juana, María Guadalupe, Julia, Olivia invertirán en la cría de borregos Gregoria, invertirá en la cría de cerdos.

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
  • 20
    View loans »
    Mexico Loans Fundraising
  • $19,058,800
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Colorinas Group's $3,150 loan helped a member to stock up their grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 25, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013