Mujeres Mazahuas Group
They chose the name of the group because when the group was first created all of the members were women, and although there are now two men they decided to keep the name. Domitila, or Domi, as the group affectionately call her, is a widow who no loner has any financial dependents. She says that she has had a grocery store for 20 years. “I started my business because in the past, there wasn't a store of this kind in the town, but I now have a lot of competition, which doesn't benefit me at all, which is why I'm requesting a loan to invest in my business”.
Domi feels that she has lost a lot of customers because she lacks a lot of grocery products. She wants to somehow get her customers back so that her profits return to their previous levels. She has a lot of confidence in this loan as it will enable her to buy sugar, eggs, milk, bread, tinned products, and other items. She hopes that her investment will allow her to get her customers back and boost her earnings.
The members of the group are Claudia, Gerardo, José Antonio, and Miguel, who will invest their loan in their sheep, and Juana who has a grocery store. In the photo, Domi is at the front of the group and is wearing pink, with her traditional hat in her hands.
El nombre del grupo lo eligieron porque iniciaron el grupo todos los integrantes eran mujeres, aunque actualmente ya hay dos hombres decidieron conservar el nombre. Doña Domitila o Domi, como le dicen de cariño a la del grupo, es una mujer viuda que ya no tiene ningún dependiente económico. Platica que tiene una tienda de abarrotes desde hace 20 años “Inicié mi negocio porque anteriormente no había ninguna tienda de este tipo en el pueblo, pero ahora ya tengo mucha competencia y esto no me beneficia en nada por eso solicito un crédito para invertir en mi negocio”. Doña Domi siente que ha perdido muchos clientes porque le hacen falta muchos productos de abarrotes de alguna manera quiere recuperar sus clientes para que sus ingresos vuelvan hacer los mismos. Ella tiene mucha confianza en su crédito ya que podrá comprar azúcar, huevo, leche, pan, productos enlatados, etc. espera que con su inversión pueda recuperar sus clientes y generar más ingresos. Los integrantes del grupo son Claudia, Gerardo, José Antonio, Miguel quienes invertirán su crédito en sus borreguitos y Doña Juana quien tiene una tienda de abarrotes. *En la foto: Doña Domi al frente de su grupo vestida de rosa y con su tradicional sombrero entre las manos*
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.
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Success!! The loan was 100% repaid