Abejitas Trabajadoras Group
Update on Abejitas Trabajadoras GroupNubia, 23, is part of a group called “Las Abejitas Trabajadoras” (Little Worker Bees) that asks Visión Fund for loans to improve their businesses in order to provide better quality of life for their families. Nubia says that a girlfriend invited her to join the group because she knew she wouldn’t disappoint them and that’s why she invited her.
She works selling second-hand clothes and shoes at a street market in her town and outside her house. She stocks up on clothes in other street markets where she buys them more inexpensively and then she resells them outside her house to earn a little profit. She says she sells clothes for women, men and children. She relates that she started the business because she didn’t have a stable job and started selling her own clothes that she didn’t wear anymore and seeing that it sold quickly she decided she’d better go into selling second-hand clothes full-time.
At present she’s asking for a loan to stock up because the months of May and June are of high demand due to Mother’s Day and the end of the school year. She puts a lot of effort into her work because she wants her daughter to have a better quality of life and want for nothing. Nubia’s dream is to build a locale at home where her business is better established so that she can be protected from weather inclemency and her clothes and shoes that she sells won’t be damaged.
The other group members are called Cristina, Rosa, Mariana, Jorge, María de Jesús, Adriana, Teresa, Jaime and Norma. They will invest in their businesses: to buy shoes and clothes by catalog, to buy supplies to make artisanal clothing, to buy bread baking ingredients, to buy supplies to make crafts to sell, to buy ingredients and corn on the cob to then sell cooked and to buy clothes for women and men to resell.
Previous Loan DetailsJaime, 29, is from a town rich in history called Heroica Zitacuaro [Heroic Zitacuaro], because it burned three times and was repopulated after burning. The residents are cordial and friendly. One of the most important sanctuaries in the country is there, the monarch butterfly sanctuary. Jaime… More from Abejitas Trabajadoras Group's previous loan »
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.
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Success!! The loan was 100% repaid