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Bonfil Group
In this Group: Guadalupe , Cirila, Alejandrina , Martha Isabel, Leticia, Margarita, Adriana , Karen Yazbeth , Maria Del Carmen , Magdalena , Araceli , Rosalina
Bonfil is the name of a group made up of 12 happy and enterprising women. Each one of them has her own business with the aim of giving their families a better quality of life. This group is located in the community named Novara, which is very known for being situated by the side of the federal highway and whose primary source of employment is commerce.

Margarita is one of the members of this group. She is a very hardworking, 50-year old woman. She is single and has one daughter. She says that she only had the opportunity to study through the fourth grade of primary school. Her mother taught her to knit and do embroidery so that she could learn a business and earn a little money to help cover her own expenses. However, it wasn't until 30 years ago that Margarita decided to start making products to sell and to be able to help with household expenses. She makes knitted clothes and shoes, and embroidered napkins and tablecloths.

She makes her sales from door to door, and she sometimes works on orders placed by people who already know her.

A loan from VisionFund will help her to buy a wide variety of threads, napkins, soles, needles and hooks in order to continue her business. She hopes that her business continues prospering and that her earnings increase so that she can continue supporting her daughter in her studies.

The rest of the group members are:

Guadalupe -- shoe sales

Cirila -- sale of corn-based snacks

Alejandrina -- sale of corn-based snacks

Martha -- sale of corn-based snacks

Leticia -- food sales

Adriana -- clothing sales

Karen -- sale of costume jewelry

María del Carmen -- clothing sales

Magdalena -- food sales

Araceli -- sale of corn-based snacks

Rosalina -- pottery sales.
View original language description ↓
Bonfil es el nombre de un grupo integrado por 12 mujeres alegres y emprendedoras, cada una de ellas desarrolla una actividad económica con el objetivo de dar a sus familias una mejor calidad de vida. Este grupo se encuentra ubicado en la comunidad de nombre Novara la cual es muy conocida por estar ubicada a orilla de la carretera federal y cuya principal fuente de empleo es el comercio.

Margarita es una de los miembros de este grupo, ella es una mujer muy trabajadora de 50 años de edad, es soltera y tiene una hija. Ella platica que solo tuvo la oportunidad de estudiar hasta el cuarto grado de primaria y su madre le enseñó a tejer y a bordar para que aprendiera una actividad y pudiera ganar un poco de dinero y ayudar a solventar sus propios gastos. Sin embargo, no fue sino hasta hace 30 años que Margarita decidió iniciar a hacer sus productos para vender y poder contribuir con el gasto de su hogar, ella realiza ropa y zapatos tejidos, servilletas y manteles bordados, sus ventas las realiza de manera ambulante y en algunas ocasiones trabaja de acuerdo con los pedidos que le hacen las personas que ya la conocen. Un crédito de VisionFund le ayudara a comprar gran variedad de hilos, servilletas, suelas, agujas y ganchos para continuar con su actividad. Ella espera que su negocio continíe prosperando y aumenten sus ganancias para seguir apoyando a su hija con sus estudios.

Los demás integrantes del grupo son:

Guadalupe venta de calzado
Cirila venta de antojitos
Alejandrina venta de antijitos
Martha venta de antojitos
Leticia venta de comida
Adriana venta de ropa
Karen venta de bisutería
María del Carmen venta ropa
Magdalena venta de comida
Araceli venta de antojitos
Rosalina venta de cerámica

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
  • 13.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Bonfil Group's $2,750 loan helped a member to buy a variety of threads, napkins, needles and hooks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 22, 2014
Listed
Jan 30, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014