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Quetzal Group
In this Group: Anastacia, Gonzálo, Maribel, Ma Del Pueblito, Noheli Alejandra, Maricela, Virginia, Martha Isabel, Norma Edith, María Concepción

Update on Quetzal Group

María Concepción, 38, says that a girlfriend invited her some months ago to become part of a group called “Quetzal” that asks for loans to improve their businesses. Conchita, like she’s affectionately called, has worked for the last three years making hand-made tortillas since she had no job because she never went to school and it’s hard for her to get a job since she doesn’t know how to read or write. She never attended school because her parents didn’t have enough to pay for school supplies. This is why Concepción decided to open her own business to help her husband with their children’s expenses since what he earns as an employee isn’t enough. She relates that at first it was difficult to get customers because there are other people who sell tortillas but now she has her own customers because she makes tortillas 100% of corn and people like that because the tortillas last a little longer and taste better.

She rises very early every day to start the ‘nixtamal’ [maize boiled in lime water] and then take it to be ground into dough to make tortillas. She uses a clay griddle and firewood because she says the tortillas taste better that way. She relates that she’s asking for this loan to buy corn, firewood, lime powder and another griddle because they only last three months because of all the use they get and this material is also more delicate. Conchita’s goal is to have more customers and to get a stand in the wholesale food market in a town nearby so she can earn higher profits.

The other group members are called Anastasia, Maribel, María del Pueblito, Nohelí Alejandra, Maricela, Virginia, Martha Isabel and Norma Edith. They will invest in their businesses which are: Mexican fast-food snacks like tacos, ‘pambazos’ [bread filled with chorizo and potatoes and dipped in red chili sauce], quesadillas [flour tortilla filled with cheese and other ingredients], and others, grocery store, moving and storage vehicle repair, costume jewelry making, materials and supplies to make embroidered napkins and seasonal fruit and vegetable sales.
View original language description ↓
María Concepción tiene 38 años de edad,0 dice que unos meses atrás una amiga la invito a formar parte de un grupo llamado Quetzal, los cuales piden créditos para mejorar sus negocios. Conchita, como de cariño le dicen, se dedica desde hace 3 años a la elaboración de tortillas hechas a mano ya que no tenía trabajo estable porque ella no tiene estudios y se le hace difícil conseguir un trabajo porque no sabe leer ni escribir, ella no fue a la escuela porque a sus papás no les alcazaba para los gastos de sus útiles escolares. Es por eso que Concepción decidió poner su propio negocio y con la ayuda de su esposo logró comprar un comal y poner un puesto de tortillas en su casa, las cuales hace a diario y vende por docenas, dice ella “las más ricas y baratas del lugar”, y también puso el negocio para ayudar a su esposo con los gastos de sus hijos ya que lo que él gana como empleado no le alcanzaba. Platica que al principio sí le era difícil conseguir clientes ya que hay mas personas que venden tortillas pero ahorita tiene ya sus propias clientes ya que ella elabora sus productos 100% de maíz y eso le gusta a las personas porque las tortillas duran un poco más y tienen mejor sabor. A diario, ella se levanta a muy temprana hora a poner el nixtamal y lo lleva a moler para obtener la masa con la cual hace las tortillas, ella usa un comal de barro y leña porque dice que así obtienen un mejor sabor las tortillas. Platica que está pidiendo un crédito para la compra de maíz, leña, cal y otro comal ya que nada más le dura 3 meses de tanto uso y es que este material también es más delicado. La meta de Conchita es tener más clientes y hacerse de un puesto en la central de abastos de una población cercana a la de ella para obtener más ganancias. Los demás integrantes del grupo se llaman Anastasia, Gonzalo, Maribel, Ma. del Pueblito, Noheli Alejandra, Maricela, Virginia, Martha Isabel y Norma Edith, ellas invertirán en sus negocios en la compra de insumos para elaborar antojitos mexicanos como tacos, pambazos, quesadillas, etc, para la compra de insumos para elaborar pan para vender, compra de insumos para vender en tienda de abarrotes, para dar mantenimiento a un vehículo de fletes y mudanzas, para la compra de material para la elaboración de bisutería, para la compra de material para elaborar servilletas bordadas y para la compra y venta de frutas y legumbres de temporada.

Previous Loan Details

Noheli is from a populated area called Zitacuaro. She is a hard-working girl with the desire to get ahead. She says that honestly she didn't like school and that's why she only studied through the sixth grade, besides which her mom was not able to cover expenses since the fees were excessive and ... More from Quetzal 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
  • 38
    View loans »
    Mexico Loans Fundraising
  • $19,122,575
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Quetzal Group's $7,600 loan helped a member to buy supplies and ingredients to make hand-made tortillas.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2013
Listed
May 28, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013