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Grupo La Union Group
In this Group: Martha Alicia, Abigail, Teresa, Wendy Amairany, Bryana
Grupo La Unión is made up of five very hardworking and responsible women. They live in a community that is very pretty, but that is set back from the main road and can only be reached by several minutes of walking. All of the group's members are enterprising and and they are a new team that is joining up to work with Vision Fund. They chose their name because their goal is to remain united, especially during hard times. The group's members are Martha Alicia, Wendy, Abigail, and Briana, and they raise animals such as chickens, turkeys, sheep, and calves. Teresa will invest her loan in embroidery. Martha is 52 years old and for 28 years she has been married to Adán, who works in the field for a living. Together they have a family with three children, one of whom is in school. Martha has been raising calves for six years. She learned this business from her husband, as he has always worked in livestock. She hopes to buy five calves with her loan and she wants to have a successful business, as she does not want to work in Mexico City anymore, which she has been doing to help her husband with the household expenses. Martha tells us, "I would like to spend more time with my family, care for my children, and not work so far away anymore. However, the problem we had was a lack of feed for my calves because it is very expensive to buy them and on top of that I have to buy them food because if I don't, the calves get skinny and I can't get a good price for them." This is why the loan will be a great help; to buy the animals and the food they need to keep them in good shape. As a whole, the group is thankful to Kiva and Vision Fund and they are happy with the loans each of the members have received to help improve their businesses.
View original language description ↓
Grupo La Unión está conformado por cinco mujeres muy trabajadoras y responsables viven en una comunidad muy bonita pero retirada de la carretera central para llegar a ella se tiene que caminar varios minutos. Todas las integrantes del grupo son emprendedores y se trata de un nuevo equipo que se está integrando para trabajar con Vision Fund . El nombre se eligió ya que las personas tienen como objetivo permanecer unidos, sobre todo en periodos difíciles. Los integrantes del grupo son Martha Alicia, Wendy, Abigail y Briana se dedican a la crianza de animales como pollos, guajolotes, borregos, becerros Teresa invertirá su crédito en bordados. Doña Martha de 52 años de edad, está casada desde hace 28 años con el señor Adán quien se dedica al campo; juntos han formado una familia con 3 niños de los cuales uno asisten a la escuela. Doña Martha se dedica a la crianza de borregos desde hace 6 años. Esta actividad la aprendió de su esposo ya que él siempre se ha dedicado a la crianza de animales. Ella espera poder comprar cinco borregos con su préstamo y desea tener un negocio exitoso ya que no quiere seguir trabajando en la Ciudad de México, actividad que ha estado realizando para ayudarle a su esposo para solventar los gastos del hogar. Doña Martha comenta: "Me gustaría pasar más tiempo con mi familia, atender a mis hijos y ya no trabajar tan lejos. Sin embargo, la dificultad que presento es la falta de alimento para mis criar mis borregos porque es muy caro comprarlos y además porque debo comprarle alimentos, porque si no lo compro, los borregos empiezan a enflacar y así no me los quiere pagar a buen precio". Es por eso que el crédito será de gran ayuda para comprar los animales y el alimento adecuado para mantenerlos en buenas condiciones. En el general, todo el grupo está agradecido con KIVA y Vision Fund y contento por los créditos otorgados a cada una de las integrantes ayudara para mejorar sus negocios.

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

  • $11,249
    Average annual income
  • 25
    View loans »
    Mexico Loans Fundraising
  • $18,347,550
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo La Union Group's $2,775 loan helped a member to buy calves and feed.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2013
Listed
Sep 13, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014