Usumacinta 1 Group

Status: Paid Back

$1,675.00		Loan Request
$1,675.00		Paid Back

About the Group

Group Name:	Usumacinta 1 Group
Group Members:	Concepcion Rodriguez Diaz Maria Ofelia Diaz Perez Maria Cruz Rodriguez Perez Esther Guadalupe Calvo Rodriguez Bertha Perez Aguilar Maria Sanchez Hernandez
Location:	Ixtapa, Mexico
Activity:	Food Production/Sales

About the Loan

Loan Amount:	$1,675.00
Loan Use:	Sell food.
Repayment Term:	10 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Feb 16, 2008
Date Disbursed:	Mar 2, 2008
Date Funded:	Feb 17, 2008
Loan Ended:	Nov 15, 2008

About the Field Partner

Field Partner:

Alternativa Solidaria Chiapas (AlSol)

Field Partner Risk Rating:

(Learn more)

Closed

30 months

836

$429,825

N/A - No Paying Back Loans

Default Rate:

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Mexico
Avg Annual Income:	$11,249.00
Currency:	Mexico Pesos (MXN)
Exchange Rate:	10.7600 MXN = 1 USD

Maria is 36 years old, has three children, and her business is preparing various typical regional dishes. She has this business in her home, and she sells three times per week. With the loan she plans on expanding her business. Her income is used for her family’s expenses. She is part of the Usumacinta 1 Group, together with her colleagues: Bertha Perez Aguilar (sells food), Esther Guadalupe (sells perfumes and cosmetics), Concepcion Rodriguez Diaz (sells clothing), Maria Cruz Rodriguez Perez and Maria Ofelia Diaz Perez (seamstresses).

Translated from Spanish by Cindy Kendall, Kiva volunteer.

MARIA TIENE 36 AÑOS, TRES HIJOS, SE DEDICA A PREPARAR DISTINTOS PLATILLOS TIPICOS DE LA REGION. NEGOCIO QUE TIENE INSTALADO EN SU CASA, VENDE TRES VECES POR SEMANA, CON EL CREDITO PRETENDE AMPLIAR EL NEGOCIO, SUS GANANCIAS SON UTILIZADAS PARA LOS GASTOS FAMILIARES. ELLA FORMA PARTE DEL GRUPO USUMACINTA 1, JUNTO CON SUS COMPAÑERAS: BERTHA PÉREZ AGUILAR (VENTA D COMIDA), ESTHER GUADALUPE (VENTA DE PERFUMES Y COSMETICOS) CONCEPCION RODRIGUEZ DIAZ (VENTA DE ROPA), MARIA CRUZ RODRIGUEZ PÉREZ Y MARIA OFELIA DIAZ PÉREZ (COSTURERAS).

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

Lenders to this group

Gillian
New York, NY
United States

Elizabeth
Somerville, MA
United States

Genaro
Fremont, CA
United States

Arthur K
ramsey, MN
United States

Joyce
Round Top, TX
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Judy

Galena Alyson Canada
Vashon, WA
United States

Catherine
New York, NY
United States

Jillian
Vence,
France

Jean
Pullman, WA
United States

Brian & Heather
New York, NY
United States

Marco
La Spezia, La Spezia
Italy

Amy's mom
KivaFriends.org, Midwest
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edith
mill valley, CA
United States

Robert
San Jose, CA
United States

L. D.
Tofino, British Columbia
Canada

Kristy
Eustis, FL
United States

Anonymous

leyah
toronto, Ontario
Canada

Zachary
Millersville, PA
United States

Anonymous
Irvine, CA
United States

Itzi & Dave
Puebla, Pue.
Mexico

festival
Montreal, Quebec
Canada

gladys
Brooklyn, NY
United States

Ms. Kirk
Lake Havasu City, AZ
United States

Erika
Ottawa, ON
Canada

Julie
Maple Grove, MN
United States

Lauren
New York, NY
United States

Dano
Tulsa, OK
United States

George
Sacramento, CA
United States

Happy Hollow School
Framingham, MA
United States

Sharon
Sarina, Queensland
Australia

Charlie and Sheila
Panacea, FL
United States

Chester
Houston, TX
United States

Robert

Anonymous
Rockville, MD
United States

Nicole
Shenton PArk, Western Australia
Australia

Lisa
Dallas, TX
United States

Justin CALVAT
Le Plessis-Bouchard,
France

Mette
Porsgrunn,
Norway

Hannah
London, UK
United Kingdom

Grzegorz
Kielce,
Poland

chantal
montreal, Quebec
Canada

Peter
kivafriends.org, Brighton, England
United Kingdom

Karina
Portland, OR
United States

Charles
Sydney, New South Wales
Australia

Petra
Groningen,
Netherlands

Journal entries for Usumacinta 1 Group

Loan has been disbursed Entrepreneur: Usumacinta 1 Group Location: Ixtapa, Mexico Thank you for your loan. It has been disbursed to the USUMACINTA 1, consisting of Maria Sanchez Hernandez, Bertha Perez Aguilar, Esther Guadalupe Calvo Rodriguez, Maria Cruz Rodriguez Perez, Maria Ofelia Diaz Perez, Concepcion Rodriguez Diaz 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 Ixtapa, Mexico Mar 2, 2008
Comments (1)

Repayment Schedule for Usumacinta 1 Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
June 2008	$239.29	$240.00	Repayment Received
July 2008	$239.29	$240.00	Repayment Received
August 2008	$239.29	$240.00	Repayment Received
September 2008	$239.29	$240.00	Repayment Received
October 2008	$239.29	$240.00	Repayment Received
November 2008	$239.29	$240.00	Repayment Received
December 2008	$239.26	$235.00	Repayment Received