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6 Palomas Group
In this Group: Rosa , Gloria, Teresa, Martina, Miriam, Catalina
The group “6 Palomas” ["6 Doves"] is made up of six women who are very hard-working and responsible. Previously they were four members, but two more people joined the group. For that reason they decided to choose this name for the association. They live in a community of the Mazahua people, where the largest festival happens on September 28 and 29. There is a big horse race; people go through the streets to Santo San Miguel; loud rockets are heard; and in the evening people light fireworks known as "toritos" ["little bulls"] or "castillos" ["castles"].

Rosa, or Rosy as her friends call her, is a member of the communal bank. She is 43 years old and has been married for 24 years to Macario; together they have formed a family with nine children, two boys and seven girls. Five of them are still dependent. While Mr. Macario works in the countryside, Ms. Rosy operates a small notions store. For this reason she is requesting a loan from VisionFund and KIVA to buy more merchandise such as earrings, rings, and inexpensive bracelets. She also sells thread and checkered fabrics for sewing, among other things. She says that although these are very simple and small things, it is going very well for her. She comments that she started her business 15 years ago, because Rosy had a great desire to help her husband with the household expenses: "I saw how my husband was working long hours, but we couldn't make ends meet, and we didn't have enough money to cover all of the household expenses and the education of all of our children."

She started the business in her mother-in-law's house, but her sales were not as favorable as she had hoped, so she decided to move the business to her house. However, in her mother-in-law's house she left behind a nixtamal [corn] mill which is also profitable. Rosy is very happy with her business, and she says that she wants to continue working hard and not abandon it, because currently her biggest difficulty is the competition within her community. Rosy comments: “My biggest dream is to be able to improve the store, because now it is only roofed with sheet metal, and to expand it to sell other items." Rosy also has the desire to buy a small truck and go out to "ranchar" (offer her products in other communities). In this way she will be able to increase her earnings to pay for the household expenses and her children's education. The other members of the group are Gloria, who will invest her loan in chickens and embroidered items; Teresa, who will buy sheep; Martina, who will obtain some turkeys; Miriam, who will invest in pigs; and Catalina, who will buy a nixtamal mill. All of them are very grateful to VisionFund and KIVA for the loan, because it will help them in various ways with their economic activities.
View original language description ↓
El Grupo “6 Palomas” está conformado por seis mujeres muy trabajadoras y responsables, anteriormente eran cuatro integrantes pero a su grupo se sumaron dos personas más es por eso que decidieron ponerle ese nombre a su asociación. Ellas viven en una comunidad mazahua donde la celebración más grande ocurre los días 28 y 29 de septiembre: hay una gran carrera de caballos, por las calles pasean al Santo San Miguel, se escuchan cohetes muy fuertes y en la víspera se queman fuegos artificiales conocidos como toritos o castillos. Doña Rosa, o Rosy como le dicen de cariño, es una integrante del grupo platica que tiene 43 años de edad está casada desde hace 24 años con el señor Macario y juntos han formado una familia con nueve hijos, 2 hombres y siete mujeres cinco de ellos aún son dependientes. Mientras Don Macario trabaja en el campo, Doña Rosy tiene un pequeño de negocio de mercería es por eso que está solicitando un crédito a VisionFund y KIVA para comprar más mercancía como aretes, anillos, pulseras de fantasía, también vende hilos y telas cuadrille para tejer entre otras cosas, dice que aunque son cosas muy sencillas y chicas le va muy bien comenta que su negocio tiene 15 años su negocio arranca porque Doña Rosy tenía grandes deseos de ayudar a su esposo con los gastos del hogar “Yo veía como mi esposo trabajaba por mucho tiempo pero el dinero no nos rendía y no alcanzaba para solventar todos los gastos del hogar y la educación de todos nuestros niños”. El negocio lo inició en la casa de su suegra, pero sus ventas no eran muy favorables como se esperaba entonces fue como decidió cambiar el negocio a la su casa, pero en la casa de su suegra dejó un molino de nixtamal que también renta. Doña Rosy está muy contenta con su negocio y dice que quiere seguir luchando para no abandonarlo, porque por el momento su gran dificultad es la competencia en su misma comunidad, Doña Rosy comento “Mi sueño mas grande es poder mejorar el local porque ahora solo esta techado con laminas y ampliar mas para vender otros artículos". Rosy también tiene el anhelo de comprar una camioneta y salir a ranchar (ofrecer los productos en otras comunidades) y así poder aumentar sus ganancias para solventar sus gastos del hogar y de educación de sus niños. Los integrantes del grupo son Gloria quien invertirá su crédito en pollos y bordados, Teresa comprara borregos, Martina obtendrá unos guajolotes, Miriam invertirá en sus cerdos y Catalina comprará un molino de nixtamal. Todas están muy agradecidas con VisionFund y KIVA por el crédito porque de alguna manera ayudaran en sus actividades económicas.

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
  • $17,777,925
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of 6 Palomas Group's $2,075 loan helped a member to buy beads, earrings, necklaces, rings, checkered fabric, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014