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Las Maravillas 2 Group
In this Group: Rosa Elena , Mireya, Yareli , Abigail , Dionicia , Sonia , Xochitl
In Oaxaca there is a very happy community where the majority of its inhabitants work in “Ingenio La Margarita” during the harvest and repair season, and others work in the planting and cutting of cane in the same town.

The community formed a group made up of 7 hardworking women who have undertaken a business in order to support the household expenses. The group is called “Las Maravillas 2” (The Wonderlands 2) and its members are Mireya (selling footwear and refreshments), Yareli (selling cosmetics and tupperwear), Abigail (selling footwear by catalogue), Dionicia (selling butchered chicken), Sonia (selling cosmetics), Xochitl (esthetician), and Rosa Elena (selling groceries).

Mrs. Rosa Elena has made a living selling groceries in her home for 18 years, she is known by everyone. She recounts that at the beginning her store was small, and that with time it has grown. She now offers a great variety of products to her customers. She also says that she only had the opportunity to study up to middle school, and that she has two children for whom she would give her life. It is for them that she has been dedicated to continue with her business, that way she will be able to pay the education expenses. “My kids will be able to enjoy everything that I couldn’t”.

She gives thanks to Kiva and VisionFund Mexico for trusting her and the group by giving them another loan. This way, each one can invest in her business and obtain better profits.
View original language description ↓
En Oaxaca hay una comunidad muy alegre donde la mayoría de sus habitantes trabajan en el Ingenio La Margarita en temporada de zafra y reparación y otros mas trabajan en la siembra y corte de caña en la misma localidad.

En la comunidad se formó un grupo integrado por 7 mujeres muy trabajadoras las cuales han emprendido un negocio con el fin de apoyar con los gastos de la casa, el grupo se llama “Las Maravillas 2” y sus miembros son Mireya- Venta De Calzado Y Refrescos, Yareli-Venta De Cosméticos Y Toper, Abigail-Calzado Por Catálogo, Dionicia – Venta De Pollo Destazado, Sonia-Venta De Cosméticos, Xochitl-Sevicio De Estetica y Rosa Elena - Venta de Abarrotes.

La señora Rosa Elena se dedica a la venta de abarrotes en su hogar desde hace ya 18 años, es conocida por todos, comenta que al principio su tienda era pequeña y que con el paso del tiempo ha ido incrementando, ahora ofrece variedad de producto a sus clientes. Comenta también que ella sólo tuvo la oportunidad de estudiar la secundaria y tiene dos hijos por los cuales daría su vida. Es pos ellos por quienes ha decidido continuar con su negocio, así podrá pagar los gastos de educación. "Mis hijos podrán disfrutar de todo lo que yo no pude".
Ella da las gracias a Kiva y a VisionFund México por confiar en ella y en el grupo al otorgarles nuevamente un préstamo y de esta manera cada una pueda invertir en sus negocios y obtener ingresos.

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
  • 4
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Las Maravillas 2 Group's $3,475 loan helped a member to purchase rice, beans, cooking oil, salt, sugar, cookies, toilet paper.
99% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 9, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014