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La Cabañita Group
In this Group: Consuelo, Florentina, Tomasa, Blanca Estela , Maricela, Martha, Liliana, Reynalda*, Sofia, Alejandra, Esperanza
* not pictured

Update on La Cabañita Group

Alejandra, 41, belongs to a group called “La Cabañita” (The Little Cottage) and says that her cousin invited her to join the group that works with Visión Fund asking for loans to improve their businesses aiming at improving their families’ quality of life. She’s a very hardworking, cheerful woman.

Ale, as she’s affectionately called, sells bedspreads, shoes and clothes for women and men by catalog. She says she started this business to help her husband with household expenses since she has four children and was unable to work outside the home because her grandmother also lives with her and she’s not well and she must take care of her. She says that’s why she decided to start her own business so she could stay and care for her home.

She gets her children ready for school in the morning and then makes breakfast for her grandmother and for her since her husband leaves for work very early in the morning. She does her cleaning chores and then heads out to sell bedspreads house to house; sometimes her customers come to her house looking for her to order something or other.

She says that she gets the things she sells from authorized suppliers in the city of Zitácuaro so she can get better prices. At the moment, she’s asking for a loan to fill some pending customer orders. She comments that this is the month when sales are highest because of Mother’s Day, Teacher’s Day, Student’s Day and the end of the school term; people take advantage of this to give gifts and they come to her to buy shoes and clothes. This is why she wants to be well-stocked right now. Alejandra thanks VisionFund for the trust they’ve placed in her and for giving her loans to improve her business thus helping her husband, children and grandmother.

The other group members are named Consuelo, Florentina, Esperanza, Tomasa, Blanca Estela, Maricela, Martha, Liliana, Reynalda and Sofía. They will invest in their businesses which are: silkscreen shop, grocery store, Mexican fast-food snacks, bread baking, fine and costume jewelry making, vehicle repair shop and feed for fattening up chickens for subsequent sale.
View original language description ↓
Alejandra tiene 41 años de edad, ella pertenece a un grupo llamado La Cabañita y dice que una prima fue que la invito a formar parte del grupo el cual trabaja con Visión Fund pidiendo créditos para mejorar su negocio y con las ganancias mejorar la calidad de vida de sus familias. Ella es una mujer alegre y trabajadora, Ale como de cariño le dicen se dedica a la venta de colchas, zapatos, ropa para dama y caballero por catalogo, dice que emprendió este trabajo para ayudar a su esposo con los gastos del hogar ya que tiene 4 hijos y no podía salir a trabajar fueras ya que con ella vive su abuelita a la cual cuida porque está enferma y tiene que estar al pendiente de ella, dice que por eso decidió poner su propio negocio para estar más al pendiente de su casa, ella por la mañanas prepara a sus hijos para ir a la escuela y después hace el desayuno para su abuelita y para ella ya que su esposo sale a muy temprana hora a trabajar, hace su aseo y se va a vender de casa en casa su ropa, colchas que vende y hay veces que ya sus clientas la van a buscar hasta su casa para encargarle algo. Dice que sus artículos que vende los surte en tiendas autorizadas en la población de Zitacuaro para que le den mejores precios. Ahorita ella está pidiendo el crédito para surtir algunos pedidos que tiene pendiente por parte de sus clientas, comenta que en este mes es cuando tiene más ventas ya que hay varios festejos del día de la madre, del día del maestro, el día del estudiante, las clausuras de las escuelas y la gente aprovecha para hacer regalos y van a ella y le compran zapatos o ropa, es por eso que ahorita ella quiere tener muy bien surtido. Alejandra agradece a VisionFund por la confianza que le han tenido y hacerle créditos para mejorar su negocio y así poder apoyar a su esposo, a sus hijos y a su abuelita. Las demás integrantes del grupo se llaman Consuelo, Florentina, Esperanza, Tomasa, Blanca Estela, Maricela, Martha, Liliana, Reynalda y Sofía ellas invertirán en sus negocios de taller de serigrafía, en la compra de artículos para tienda de abarrotes, en la compra de insumos para elaborar antojitos mexicanos, para la compra de insumos para elaborar pan, para la compra de material para elaborar joyería fina y bisutería, en la compra de refacciones para arreglo de vehículos, para la compra de alimento para gallinas para engorda y después venderlas.

Previous Loan Details

Sofía is 79 years old, and even though she is a woman of very advanced age, she has a zest for living. She sells chicken outside her home every day. She says there is a young man who carries the chicken to her home, as she lives a bit far from where they sell it. She says that she sells dres... More from La Cabañita 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
  • 15
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Cabañita Group's $2,575 loan helped a member to buy bedspreads, shoes and clothes by catalog.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
May 29, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013