Update on Orquídeas GroupThe "Orquídeas" ["Orchids"] group is in a calm community, the people of which work planting corn which feeds them year round. The members decided on this name because there was a pot with a striking, beautiful orchid at the house where they were meeting. The members of the group that are requesting loans are Celinda, who will invest in toys and novelties, Joaquín who will invest in the breeding and sale of sheep, Carmen and Regina who will invest in the rearing and sale of chickens, and Agustina and Ana Karen who will invest in their grocery stores.
Alicia, or Ali, who is the representative of the group, is 57 years old, married to Gustavo, and together they form a family with three children. Ali has been breeding, fattening and selling pigs for several years. She explains that when she was little, she would watch her neighbors doing this activity, and she decided that she wanted to do the same in the future. With already 4 years of stable business, Ali says that it is not a difficult task raising her animals because they don't require much work.
She likes to have animals because in some way they are a source of income. Ali buys them when they are little, and then raises and fattens them over a period of approximately four to five months. During this time, Ali must feed the pigs very well with corn, and another type of food three or four times a day. When they are already a considerable weight is when she starts to offer the pigs. She offers her animals to her neighbors occasionally when she gets lucky, and to people that come to her home to buy them without needing to search for a buyer.
Of the four years she has been conducting business, she has not had any considerable problem, but when her pigs become sick and die, these are losses of investments and earnings. For Ali, it's very normal that her little pigs always get sick. She goes to the vet to see if there is a cure, and this is how she saves her pigs. Nevertheless, despite this difficulty, she doesn't think to stop raising pigs because, even though she doesn't have children in school anymore, her dream is to be able to improve her home with her earnings.
Doña Alicia o Ali, quien es la representante del grupo, tiene 57 años de edad está casada con el señor Gustavo y juntos formaron una familia con tres hijos. Doña Ali se dedica a la cría, engorda y venta de cerdos desde hace ya varios años. Ella explica que desde pequeña veía a sus vecinos de la comunidad que practicaban esta actividad y decidió que ella quería hacer lo mismo en el futuro. Lleva ya cuatro años con su negocio estable, Doña Ali dice que no es tarea difícil criar sus animalitos porque no requiere de mucho trabajo, le gusta tener sus animales porque de alguna manera son una fuente de ingresos. Los compra desde pequeños los cría y engorda aproximadamente en un periodo de cuatro a cinco meses durante este tiempo Doña Ali debe alimentar muy bien sus cerdos con maíz y otro tipo de alimento tres o cuatro veces al día, cuando ya tienen un peso considerable es cuando inicia a ofrecer sus cerdos. Ali ofrece sus animalitos a sus vecinos en ocasiones corre con suerte y las personas llegan a comprarle a su casa sin necesidad de estar buscando un comprador. De los cuatro años que lleva efectuado su actividad no ha tenido algún problema considerable sin embargo cuando llegan a enfermar y mueren los cerditos, estas son perdidas de inversión y ganancias. Para Doña Ali es algo muy normal siempre que sus pueqrquitos enferman, ella acude al veterinario para ver si hay alguna cura y es así como salva a sus cerdos. Sin embargo, a pesar de esta dificultad no piensa dejar de criar sus cerdos porque aunque ya no tienen niños en la escuela su sueño es poder mejorar su vivienda con las ganancias obtenidas.
Previous Loan DetailsThe Orquídeas (Orchids) group can be found in a place called Ejido de Santigago. The group is comprised of 12 hardworking people, 10 women and 2 men. They devote themselves to raising cattle. They gave their group this name because they were previously participating with another loan, and that… More from Orquídeas 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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