Lanza 6 Group


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Group

Group Name: Lanza 6 Group
Group Members: Francisca De La Cruz
Irma De La Cruz Lopez
Margarita Moreno
Sabina Cruz Lopez
Romelia Gonzalez Santiago
Location: Teopisca, Mexico
Activity: Food Production/Sales

About the Loan

Loan Amount: $925.00
Loan Use: Supplies and products for their businesses.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 15, 2007
Date Disbursed: Dec 30, 2007
Date Funded:Dec 16, 2007
Loan Ended:Jul 30, 2008

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.8281 MXN = 1 USD



Romelia is 33, married with 2 children, and her husband works in the fields. For the past 8 years, she has run a small mill from her home where she grinds cooked corn to make dough for tortillas, which she then sells in her local community. The other members of the group have a variety of activities. Sabina has been selling chicken parts for the past 3 years. Margarita, on the other hand, sells artisan breads from her home. Both Irma and Francisca have put small grocery stores in their homes where they sell rice, sugar, milk and milk products, sweets and non-perishable goods to people who live nearby. The income from their businesses help all of them to put food on their tables.


Translated from Spanish by Molly Puglisi, Kiva Volunteer.



ROMELIA TIENE 33 AÑOS , CASADA , 2 HIJOS, SU ESPOSO SE DEDICA AL CAMPO .ELLA DESDE HACE 8 AÑOS TIENE EN SU CASA UN MOLINO DONDE REALIZA LA MOLIENDA DE MAIZ COCIDO Y LA MASA POSTERIORMENTE LA HACE TORTILLA LA QUE VENDE A LOS MIEMBROS DE SU COMUNIDAD LAS OTRAS INTEGRANTES DEL GRUPO TIENEN DIFERENTES ACTIVIDADES SABINA SE DEDICA A LA VENTA DE POLLO TROZADO DESDE HACE TRES AÑOS , EN CAMBIO MARGARITA TIENE EN SU CASA UNA PEQUEÑA AMASANDURIA DONDE VENDE PAN ARTESANAL , IRMA Y FRANCISCA POR SU PARTE TIENEN UNA TIENDA DE ABARROTES EN SUS DOMICILIOS DONDE VENDEN: ARROZ, AZUCAR , LECHE Y SUS DERIVADOS, DULCES, ALIMENTOS NO PERECIBLES A LAS PERSONAS QUE HABITAN CERCA DE SU CASA. CON LOS INGRESOS DE SUS NEGOCIOS TODAS ELLAS AYUDAN A LLEVAR EL ALIMENTO A SUS HOGARES.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Lenders to this group

Steve - KivaFriends.org
Niagara Falls, NY
United States

jill
superior, co
United States

Craig
Arcata, CA
United States

Tom
Front Royal, VA
United States

Emily
Minneapolis, MN
United States

Diane
Denver, CO
United States

Cate
Auke Bay, AK
United States

Mermaids
Seattle, WA
United States

Lawrence
st. louis, MO
United States

Anonymous
Oakland, CA
United States

George
San Pierre, IN
United States

Isabel
Grand Prairie, TX
United States

Erin
Huntington, NY
United States

Thomas
Skien,
Norway

Nana
Monroe, NC
United States

Anonymous

Chester
Houston, TX
United States

Valerija
bayside, NY
United States

Paul
Eugene, OR
United States

Coombs Family
Toluca Lake, CA
United States

Leif
Gothenburg,
Sweden

Howard & Jillian
Vence,
France

Klaus
München,
Germany

Pauline
Queens Park, Victoria
Australia

KD
San Francisco, CA
United States

Doris
Kassel, Hessen
Germany

Jeni
Pleasanton, CA
United States

Sarah
Dundas, Ontario
Canada



Journal entries for Lanza 6 Group


Loan has been disbursed
 
Entrepreneur: Lanza 6 Group
Location: Teopisca, Mexico

Thank you for your loan. It has been disbursed to Romelia Gonzalez Santiago
Sabina Cruz Lopez
Margarita Moreno
Irma De La Cruz Lopez
Francisca De La Cruz by AlSol (Alternativa Solidaria Chiapas) in Mexico. We are excited to watch this business grow. Over the next 7 months, AlSol (Alternativa Solidaria Chiapas) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Teopisca, Mexico
Dec 30, 2007
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Kiva Help Repayment Schedule for Lanza 6 Group

  Expected Repayments Actual Repayments Comments
March 2008 $132.14 $133.00 Repayment Received
April 2008 $132.14 $133.00 Repayment Received
May 2008 $132.14 $133.00 Repayment Received
June 2008 $132.14 $133.00 Repayment Received
July 2008 $132.14 $133.00 Repayment Received
August 2008 $132.14 $133.00 Repayment Received
September 2008 $132.16 $127.00 Repayment Received