A loan of $4,850 helped a member to buy plastic ware.

Peñitas Group's story

The “Peñitas” group is located in a very beautiful community characterized by its large trees and also because it’s usually always cold there. The group has 11 members who are very hardworking and responsible and always try to be very punctual on any occasion when the group needs to be addressed for anything. The group name was chosen because that’s the name of the community they belong to and apparently it’s in the Mazahua tongue. The group members have requested a new loan to invest in their activities.

For example, Bibiana will invest in stuffed toys, Andrés in goats for barbeque, Inés, Rosa and Guadalupe in chickens and turkeys, Irineo and Adelina in their vegetable crops, Martha in her grocery store, Luis in his taxi and María in her piglets.

Juana who also forms part of this group relates that she has four children who are still minors; the oldest has just started secondary school. She’s been married 13 years and she’s 32-years-old. She lives in a borrowed house and her husband’s employed. The place they live in is the Las Peñas neighborhood that belongs to El Oro, México.

Juana sells plastic containers in all sizes and shapes. She usually sells to women. It’s good quality merchandise, not brand-name but durable nonetheless. For example, she carries sauce containers, lunch boxes, screw containers, drinking glasses and plates, among others. Juana says that sometimes it’s difficult to sell all her plastic wares because not all housewives venture to buy. She comments that the situation is very difficult and in order to sell and earn even a little profit she lowers her prices but does not like selling on credit because she runs the risk of some people not paying her. It’s also been hard to acquire customers because people might buy something from you at the moment and then after a month or two perhaps buy something else and this is why Juana wants to have a good stock of new merchandise on hand for her customers. There are newer, prettier styles of plastic ware than previous ones and this means that she will be able to sell them all. It’s advantageous for Juana to invest in packages and she comments that profits are higher that way and better for her because she doesn’t have to go restock so often. Her husband helps her occasionally to sell more quickly because he’ll sell to his friends at work.

In this group: Andres, Ines , Bibiana, Juana, Rosa, Irineo , Martha Florencia , Luis , Adelina , Maria Luisa, Guadalupe

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz

Loan details

Lenders and lending teams

Loan details