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La Isla Group
In this Group: Maria Del Rosario, Martina, Hortensia
Rosario began selling clothing and shoes two years ago on her own initiative. She and her husband took a trip to León-Moroleón-San Juan of Lakes and bought a variety of merchandise to sell to help pay for household expenditures, since Rosario's husband has never had a salaried job and has always worked odd jobs. Sometimes, Rosario is the one who has to work to help her son get ahead and pay for household expenditures.


Martina launched her business at the invitiation of a friend, since her husband left her for another woman and no longer helps support the family. She had to see for herself what the best way to care for her children and help them get ahead would be. She decided to start selling jewelry two years ago with the encouragement of a friend.


Hortensia started her business because of some health problems she was having. She was suffering from broncheal asthma, and her blood pressure went up dramatically as a result. She began taking natural remedies and they greatly improved her health. A little over a year ago, she became an independent distributor of these products so that more people can enjoy the benefits of natural remedies.


The three women make up the La Isla ("The Island") group and are requesting a loan of $850, which they will repay in three months, to buy more merchandise for their businesses.

View original language description ↓
Rosario inicia el negocio hace 2 años vendiendo ropa y zapatos por iniciativa propia, fueron a un viaje León-Moroleón-San Juan de los lagos y surtió mercancía para poderla vender y así ayudar con los gastos de la casa, ya que como su esposo nunca ha tenido un trabajo fijo, siempre ha trabajado por su cuenta hay ocasiones en que ella es la que tiene que sacar adelante a su hijo y los gastos de la casa.


Martina inicio el negocio por invitación de una compañera, ya que su esposo los dejo por irse con otra y ya no se hizo responsable de la casa, y ella sola tuvo que ver de que manera poder cuidar a sus hijos y sacarlos adelante. Comenzó su negocio hace 2 años impulsada por una amiga para que vendiera joyería.


Hortensia inició el negocio por problemas de salud que ella tenia, padecía asma bronquial y a raíz de eso se le subía mucho la presión, empezó como cliente a consumir producto naturistas y mejoro mucho su salud, hace poco mas de 1 años se hizo distribuidora independiente para que mas gente pueda aprovechar los beneficios de los productos.


Ellas son el Grupo La Isla y necesitan un préstamo por US $850 que pagaran en 3 meses para poder invertirlo en su negocio comprando mercancía.

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

  • $15,600
    Average annual income
  • 29
    View loans »
    Mexico Loans Fundraising
  • $19,068,050
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Isla Group's $850 loan helped a member buy merchandise for individual businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 13, 2008
Listed
Sep 29, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 24, 2009