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La Alegria Group
In this Group: Juana, Edith, Yamileth, Fernanda, Yesenia
The “La Alegría” (Joy) group consists of five, cheerful, enterprising women each with her own economic activity aimed at improving her quality of life. This group is located in the community of Roberto Barrio where the main source of employment is the fields growing and planting sugarcane.

Edith is one of the group members. She’s 45-years-old and only completed primary school. She’s married to Clemente who works as a day laborer and they have a son. She relates that she’s been a merchant for the last 15 years. She sells Mexican fast-food snacks and ‘atole’ [corn-based beverage] on Sundays in the Tierra Blanca market in small space she shares with a friend of hers in one of the stands. She’s acquired good customers over time that helps her business to have good sales.

She has asked VisionFund for this loan to buy corn, meat, mole sauce, lettuce, cream, cheese, beans, tortillas, chilies, garlic, onion, tomatoes, milk and disposables to continue with her sales. She hopes that with this investment her business will continue to grow and to be able to provide better education for her son. In future she’d like to rent space of her own in which to set up her small snack bar.

The other group members are: Juana, Yamileth, Fernanda and Yesenia who also work making and selling food.
View original language description ↓
El grupo La Alegría está conformado por 5 mujeres alegres y emprendedoras cada una de ellas desarrolla una actividad económica con el propósito de mejorar su calidad de vida. Este grupo está ubicado en la comunidad de Roberto Barrio donde la principal fuente de trabajo está en el campo en el cultivo y siembra de caña de azúcar.

Doña Edith es una de las integrantes de este grupo, ella tiene 45 años de edad, estudio solo primaria y está casada con clemente que trabaja como jornalero y tienen un hijo. Ella platica que por más de 15 años se ha dedicado al comercio: realiza ventas de antojitos mexicanos y atole los días domingos en el mercado de Tierra Blanca en un pequeño espacio que le comparte una amiga suya en un local y a través de este tiempo ha ganado buenos clientes lo cual ayuda a que su negocio tenga buenas ventas.

Ella ha solicitado este crédito a VisionFund para invertirlo en la compra de maíz, carne, mole, lechuga, crema, queso, frijol, tortillas, chiles, ajos, cebolla, tomates, leche y desechables para continuar con sus ventas.

Ella espera que con esta inversión su negocio continúe creciendo y brindar una mejor educación a su hijo. A futuro le gustaría poder rentar su propio local en el cual establecer una pequeña fonda.

Los demás integrantes del grupo son:Juana, Yamileth, Fernanda y Yesenia quienes también se dedican a preparar y vender comida.

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
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Alegria Group's $1,325 loan helped a member to buy ingredients and supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 23, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014