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La Virgen De Guadalupe Group
In this Group: Eugenia , Laura , Petra , Cristina , Alejandra , Diana Laura , Merced , Maria De Lourdes
In a community in Oaxaca in the most remote part of the community a group called “La Virgen De Guadalupe” has formed. The members decided to give it that name due to their great devotion. The members have different economic activities to help their families.

Eugenia- selling sheep, Laura- cargo service, Petra-selling kitchen batteries, Cristina- selling blankets and sheets, Alejandra-selling clothes, Diana Laura- selling clothes, Merced-selling cosmetics, María De Lourdes-selling corn and handmade tortillas.

Since she was 12, Eugenia has raised and sold sheep. Living in a place where she can raise sheep without having them penned in is favorable because when she takes them to graze, the animals really enjoy the place, the air, and freedom. "And I like looking at nature and enjoying going out day to day to graze the sheep." This time, wants to invest in buying sheep to be able to have more lambs and more earnings. The profits from her sales are invested in the household expenses, school fees and personal expenses.

"Thanks to VisionFund México for making our dreams possible" Eugenia says, very enthusiastically.
View original language description ↓
En una comunidad de Oaxaca en la parte más retirada de la comunidad se ha formado un grupo llamado “La Virgen De Guadalupe” las integrantes decidieron ponerle ese nombre debido a la gran devoción que tienen. Las integrantes tienen distintas actividades económicas para ayudar a su familia:

Eugenia- Venta de Borregos, Laura- Servicio De Carga, Petra-Venta De Baterías Para La Cocina, Cristina- Venta De Colchas Y Sábanas, Alejandra- Venta De Ropa, Diana Laura- Venta De Ropa, Merced-Venta De Cosméticos, María De Lourdes- Venta de maíz y tortillas hechas a mano.

Eugenia se ha dedicado desde hace ya 12 años a la crianza y venta de borregos, vivir en una localidad donde se pueden criar borregos sin tenerlos encerrados es algo favorable pues cuando los lleva a pastar, los animales realmente pueden disfrutar del lugar, el aire y la libertad. "Y yo me distraigo al observar la naturaleza y disfruto día a día el salir a pastorear los borregos". Esta vez Eugenia quiere invertir en la compra de borregas para poder tener más crías y más ganancias. Las utilidades de sus ventas las ha invertido en los gastos del hogar, las cuotas escolares y gastos personales.

"Gracias a VisionFund México por hacer posible nuestros sueños" comenta Eugenia muy entusiasmada.

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
  • 24
    View loans »
    Mexico Loans Fundraising
  • $17,954,125
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of La Virgen De Guadalupe Group's $5,325 loan helped a member to buy sheep to produce lambs to sell.
98% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 8, 2014
Listed
Jul 29, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 20, 2015