El Trébol Group
Update on El Trébol GroupGabriela is 42 years old and belongs to a group called ‘El Trébol’ which has 12 members who request loans from VisionFund to improve their businesses. Gabriela is from a town called Ocampo which is located very close to a monarch butterfly sanctuary which is a tourist attraction. Every year tourists come to admire the butterflies that travel from Canada.
Gaby, as she is affectionately known, has a convenience store in her home. She says that she started her business because there was no convenience store near her. She wanted to make her own money so that she could help her husband with their household expenses. Gabriela has been running her business for 13 years and says that she enjoys good sales. She says “since I joined VisionFund, my business has improved a lot because at first I only sold sweet treats and soft drinks, then I started stocking a little of everything. Now I make better profits”. Gabriela says that she sells to most of her customers on account. When she sees that people can’t pay cash she helps them in this way. She says that she is requesting this loan to buy soap, soft drinks, bread, milk, eggs, sugar, coffee, salt, beans, rice, cooking oil, light bulbs, toilet paper, disposable diapers, baby formula and many other products. She goes to the city of Zitacuaro to buy her products from shops where she can get them much cheaper. This means that she can sell them more cheaply herself. She says that one of the reasons she set up her store was so that people from her community didn’t have to spend money on transportation in order to buy the basics they needed to make their meals. She says that her dream is to invest in fruit and vegetables and some cold cuts but that she needs a larger refrigerator for this so that the produce doesn’t go off. Gabriela is grateful to the institutions who will make her loan possible.
Antonio, Edith Verónica, Esperanza, María de Jesús, Ma. Consuelo, María Eugenia, María Guadalupe, María Claudia, Natividad, Margarita Belinda Sara and Juliette will invest in buying material for a photography studio, buying supplies for making Mexican snacks, buying supplies for baking bread, buying chickens to sell by the kilo, buying supplies for making popsicles and ice creams to sell, stocking up with cosmetics to sell through catalogs and buying seasonal fruit and vegetables to sell from a stall in the market.
Gaby como de cariño le dicen tiene una tienda de abarrotes en su casa, dice que puso su negocio porque cerca de ahí no hay una tienda de abarrotes y para obtener sus propias ganancias y así ayudar a su esposo con los gastos del hogar, ella tiene con su negocio desde hace 13 años y dice que le va bien en sus ventas ella dice “desde que entre a VisionFund mi negocio ha mejorado mucho ya que al principio nada mas vendía dulces y refrescos y después fui surtiendo un poco de todo ahora tengo mejores ganancias”, dice que a la mayoría de sus clientes les vende en pagos, cuando ve que la gente no le puede comprar al contado ella así les ayuda. Dice que está pidiendo un crédito para la compra de jabón, refrescos, pan, leche, huevo, azúcar, café, sal, frijoles, arroz, aceite comestible, focos, papel higiénico, pañales desechables, leche en polvo para bebes, y muchos productos mas, ella va a la ciudad de Zitacuaro a comprar en tiendas donde le dan mas barato los productos para asi ella no venderlos tan caros, dice que también puso la tienda para que la gente de su comunidad no gaste en pasajes para comprar lo básico de la comida, dice que su sueño es invertirle en frutas y legumbres y un poco de carnes frías pero que necesita un refrigerador mas grande para que no se le echen a perder las cosas, agradece a las instituciones que harán posible su crédito. Antonio, Edith Verónica, Esperanza, María de Jesús, Ma. Consuelo, María Eugenia, María Guadalupe, María Claudia, Natividad, Margarita Belinda Sara y Juliette ellos invertirán en la compra de material para estudio fotográfico, para la compra de insumos para hacer antojitos mexicanos, para la compra de insumos para elaborar pan, para la compra de pollos y venderlos por kilos, en la compra de insumos para hacer paletas de hielo y helados para su venta, para surtir en cosméticos y venderlos por catalogo y para la compra de frutas y legumbres de temporada para vender en puesto en el mercado.
Previous Loan DetailsAntonio is 59 years old and is part of the group "El Trébol". He says they chose this name because this little plant is very lucky. Although in the past some people didn't meet their payments and left the group, the remaining members are responsible and continue with the group because they help e... More from El Trébol 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