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Guadalupe Cote Group
In this Group: Leticia, Silvia, Irene, Aracely, Cristina
The “Guadalupe Cote” group belongs to a very small community where most people know each other. They are a Mazahua community who preserve their mother tongue and their traditional clothing is very colourful and attractive. To get to the community it is only possible to go by special transport or on foot since the bus only goes a couple of times a day at strange times. The group is made up of 5 women who are good friends and have known each other for several years. Leticia or 'Lety' is 35 years old and has been married to Alejandro for 16 years. Together they have 2 children who are still at school.

For the last 10 years Lety has earned a living baking bread. She says she decided to go into this business as her in-laws were also bakers. Lety, her husband and other family members make the bread in a very small room where they have an oven. The whole process is done by hand and they have no tools. Every day Lety and her relatives can be found making their bread. The bread making process is very laborious and while they are working the oven needs to be very hot so that it is ready for the bread to go in. To make the bread they need to weigh the flour in order to calculate the quantity of sugar. They only use flour and sugar mixed with water to make their bread rolls. Lety said: " Our difficulties are the lack of tools to make our work easier, the price of flour is very expensive as well and the price of sugar is going up a lot."

For these reasons the loan which Lety, Silvia, Irene, Aracely and Cristina are asking for from Kiva and Vision Fund will help them a great deal since they will be able to buy flour and sugar for making the bread. The celebration of the Day of the Dead is approaching and this is when they sell the most and have already secured orders.

They are very happy and grateful because their loan will help them a lot and more so because their profits will be good. Lety's dream is to continue supporting her children in their schooling so that they can have a professional career.
View original language description ↓
El grupo “Guadalupe Cote” pertenece a una comunidad muy chica la mayoría de las personas se conocen entre ellas, es una comunidad Mazahua las personas a un conservan su lengua materna sus trajes típicos son muy coloridos y vistosos, para entrar a la comunidad solo es en transporte especial o caminando ya que el autobús solo entra dos veces al día y en horas muy diferentes. El grupo está conformado por cinco mujeres ellas son muy buenas amigas se conocen desde hace varios años. Doña Leticia o Lety tiene 35 años de edad está casada con el señor Alejandro desde hace 16 años juntos han formado una familia con dos niños de los cuales aun están estudiando. Doña Lety se dedica a la elaboración de pan desde hace 10 años, platica que decidió iniciar esta actividad porque sus suegros también eran panaderos. Doña Lety su esposo y otros miembros de su familia elaboran el pan en un cuarto muy pequeñito donde tienen un horno, todo el proceso es hecho a mano no cuentan con ninguna herramienta, todos los días Doña Lety y sus familiares se encuentran trabajando en la elaboración de sus panes, para hacer su pan llevan un proceso muy laborioso pero mientras están trabajando el horno tiene que estar muy caliente para estar listo a la hora de meter el pan, en la elaboración de su pan deben pesar su harina para calcular la cantidad de azúcar, solo ponen harina, azúcar y la mezclan en agua para poder moldear el pan de bolillo. Doña Lety comento “Nuestras dificultades son la falta de herramientas para facilitarnos el trabajo, el precio de la harina es muy cara también cuando el precio del azúcar sube mucho” Por eso el crédito que está solicitando a Vision Fund y KIVA a Lety, Silvia, Irene, Aracely, Cristina les ayudara de mucho porque podrán comprar harina y azúcar para la elaboración del pan porque ya se acerca la celebración del día de muertos y es cuando mas vende y tienen encargos ya seguros. Ellas están muy contentas y agradecidas porque su crédito les ayudara mucho y más porque sus ganancias serán muy buenas. El sueño de Doña Lety es poder seguir ayudando con los estudios de sus hijos para que puedan tener una carrera profesional.

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
  • 6
    View loans »
    Mexico Loans Fundraising
  • $17,362,500
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Guadalupe Cote Group's $4,925 loan helped a member to buy flour.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2013
Listed
Nov 6, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014