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Luz Del Dia Group
In this Group: Audelia, Leonides, Josefina, Candelaria, Yolanda
Leo, as she is known, is 36, married, and has 5 children, of whom 3 are in school. She sells clothing for babies, children, women and men and has had her business for more than 15 years. She notes that she first began selling house to house in her neighborhood and then, a short time later, at a market nearby where she has a stall which she fought hard to obtain because there is a lot of red tape.

Leo says that she adds to her inventory in the city of México and in Moroleón, Guanajuato where they give her good prices. She notes hat she will use the loan to buy a greater variety of clothing and that the funding will help her because she will have a source of employment to support her children and she will be able to assist her husband with household expenses.

Leo’s goal is to increase her business more since she wants to have it very well stocked. She says that during this summer season she wants to buy cotton t-shirts, girl’s pants and boy’s bathing trunks.

Leo states that she is very grateful to FRAC because, thanks to the loans they have provided, her business has grown, little by little.

The other four members of the group are Audelia, Josefina, Candelaria and Yolanda. They will invest their loans in their businesses consisting of hosiery and haberdashery, a coffee bar, a grocery store, in napkins and cooking pots, in a combination of public service.
View original language description ↓
Leo como es conocida tiene 36 años de edad, casada y tiene 5 hijos los cuales 3 estudian. Ella se dedica a la venta de ropa para bebes, niños, damas y caballeros y tiene con este negocio aproximadamente más de 15 años, platica que primero empezó vendiendo en su comunidad de casa en casa y poco tiempo después en un mercado cercano a su comunidad donde es un puesto el cual ella lucho mucho por obtenerlo ya que son mucho los tramites. Dice que ella surte la ropa en la ciudad de México y en Moroleón Guanajuato donde le den bajos precios. Platica que con el crédito que le prestara podrá comprar mas variedad de ropita y que le beneficiara el crédito porque así ella tendrá una fuente de empleo para mantener a sus hijos y poder ayudarle a su esposo con los gastos del hogar. La meta que tiene Leo es hacer más grande su negocio ya que quiere tener muy bien surtido, dice que para esta temporada de calor quiere comprar playeritas de algodón, pantaletas para niña y trusas de algodón para niño. Leo dice que esta muy agradecida con la empresa porque gracias a los crédito que le han hecho su negocio a crecido poco a poco. Las otras 4 integrantes del grupo se llaman Audelia, Josefina, Candelaria y Yolanda ellas invertirán sus créditos en sus negocios en una bonetería y mercería, en una tienda de abarrotes, en tazcales, servilletas y cazuelas, en una combi de servicio publico.

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
  • 40
    View loans »
    Mexico Loans Fundraising
  • $22,559,375
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz Del Dia Group's $3,850 loan helped a member baby clothes like shirts, pants, cloth diapers, socks.etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 29, 2012
Apr 15, 2012
Currency Exchange Loss:
Oct 16, 2012