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Barrio El Riito Group
In this Group: Luisa , Maria Del Pilar , Antonia , Elodia , Herlinda, Ma Tomasa, Rosaura

Update on Barrio El Riito Group

The group, "Barrio el Riito" is made up of eight women, all of whom are Mazahuas. They belong to the same community, which is very beautiful and interesting because it has various festivals all year, and above all because they preserve their culture like their native language and very colorful dress. They chose the name of the group themselves because of the small river that they live close to. The people in the community use its water for many things.

Elodia is a 24-year-old young woman who is very happy and despite her young age has a great, enterprising spirit. She has been in a free union with her husband Jaime (who works in construction) for 6 years. Together, they have a family with 2 children. Their youngest child is their 5-year-old who hasn't started school yet. They also have an infant.

Elodia has worked raising chickens and turkeys for 5 years. She learned how to raise them from chicks until they become adults thanks to her mother. When she decided to start her own family, she decided to find some way to help her husband with the household expenses and started raising chickens on her own. She isn't able to leave the house to work because her children are young and there is no one else to take care of them.

Elodia is very grateful to Kiva and Vision Fund for the loan because it will allow her to buy her small turkeys and chickens. She will take care of them in her house for 8 months and then either sell them or use them to feed her family to save on food expenses. The only problem that Eloida has is when her animals get sick and die. She thinks that it is often because it is very cold and she doesn't have a coop for them. This challenge doesn't discourage her, however, because these things happen.

Elodia's only goal is to be able to have more chickens and turkeys, since they sell very well during holidays in her community. Elodia mentioned that "I am fortunate to have my own house but I would like to improve it so as to have access to all basic utilities and live better." In addition, one of Elodia's dreams is to pay for the education of her children and allow them to study to have professional jobs.

The members of the group and very happy and grateful to Vision Fund and Kiva because they will be able to invest in their businesses. Tomasa will be able to buy bull calves while Luisa, Rosaura, Pilar, Tomasa, and Antonia are asking for loans to buy sheep. Finally, Herlinda will be able to stock her grocery store.
View original language description ↓
El grupo "Barrio el Riito" está integrado por siete mujeres todas son mujeres mazahuas que pertenecen a la misma comunidad la cual es muy bonita e interesante porque tiene varias fiestas en todo el año, sobretodo porque aun conservan sus culturas como su lengua materna y su vestimenta muy colorida. El nombre del grupo lo eligieron ellas mismas porque viven muy cerca de un río pequeño. Las personas de esa comunidad utilizan esta agua para usos múltiples. Elodia es una mujer muy joven pero sobretodo muy alegre tiene 24 años sin embrago a su corta edad tiene un gran espíritu emprendedor, vive en unión libre desde hace seis años con Jaime quien trabaja en la construcción de casas, juntos han formado una familia con dos niños su niño más grande tiene cinco años aun no asiste a la escuela y su bebe. Elodia se dedica a la cría y engorda de pollos y guajolotes desde hace ya cinco años cuando vivía con su mamá aprendió como criarlos desde pequeños hasta cuando ya están grandes cuando decidió formar su propia familia también decidió ayudar de alguna manera a su esposo con los gastos del hogar, Elodia no puede salir a trabajar porque sus niños están pequeños y no tiene quien le ayude a cuidarlos Elodia está muy agradecida con KIVA y Visión Fund por el crédito otorgado porque así podrá comprar sus pollitos y guajolotes pequeños los cuida en casa durante ocho meses para venderlos o para utilizarlos para alimento para su propia familia así ya no gasta en la comida de su familia, La única dificultad de Eloisa es cuando sus animales enferman y mueran Élla cree que es porque muchas veces hace mucho frio y como no tiene un corral estable para sus animalitos por esa misma razón llegan a morir, esta situación no le causa desanimo en dejarla para Eloisa es muy normal que pase, la única meta de Eloisa es poder llegar tener mas pollos y guajolotes son animales muy bien comprados en tiempos de fiestas en las comunidades, Eloisa comento “Tengo casa propia afortunadamente pero me gustaría mejorarla para poder llegar a tener todos los servicios y vivir mejor” También uno de los sueños de Eloisa es poder solventar todos los gastos de educación de sus hijos y puedan estudiar una carrera profesional. Los integrantes del grupo están muy contentos y agradecidos con Vision Fund y KIVA porque podrán invertir en sus negocios: Doña Tomasa podrá comprar becerros, mientras que Doña Luisa, Rosaura, Pilar, Tomasa y Antonia están solicitando el crédito para comprar más borregos y finalmente Doña Herlinda podrá comprar sus pollos,

Previous Loan Details

The group, "Barrio el Riito" is made up of eight women, all of whom are Mazahuas. They belong to the same community, which is very beautiful and interesting because it has various festivals all year, and above all because they preserve their culture like their native language and very colorful d... More from Barrio El Riito 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

  • $11,249
    Average annual income
  • 52
    View loans »
    Mexico Loans Fundraising
  • $18,367,975
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Barrio El Riito Group's $4,325 loan helped a member buy chickens and turkeys.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014