Fantasía Group

Status: Paying Back

$675
Loan Request
Pre-Disbursed : Oct 2, 2009
Listed: Oct 8, 2009
Funded: Oct 10, 2009
15% repaid

About the Country

Country:Mexico
Avg Annual Income:$11,249
Currency:Mexico Pesos (MXN)
Exchange Rate:13.3690 MXN = 1 USD


In this Group:
LEYDI VENTURA VELAZQUEZ, LUCINA VAZQUEZ REYES, ANTONINO VENTURA VELARDE

About the Loan

Location: Zitacuaro, Estado De Michoacán., Mexico   Repayment Term: 14 months
(more info)
Activity: Beauty Salon   Repayment Schedule: Monthly
Loan Use: To open a beauty salon   Currency Exchange Loss: Possible
      Default Protection: Not Covered
Leydi Ventura Velazquez
Fantasia Gruoup


Leydi lives in the Indian community of Crescencio Morales in the municipality of Zitacuaro, Michoacán. This is a small town steeped in ancestral traditions and customs.


Leydi is 25 years old and is a young person accustomed to working hard in order to achieve her goals. For two years, she studied to become a hairstylist. In order to pursue her course work, Leydi had to awaken at 5:00 in the morning to bring guavas, wildflowers, mushrooms and churros to Zitacuaro to sell from very early in the day at some of the open air markets in the town. In the afternoons, she worked in a café that is located outside the institute where she studied.


Now, her greatest wish is to have the basic products necessary in order to start a hair styling business in her community. She wants to begin with a simple establishment where she can cut hair, provide hairdos, and repair nails and where people interested in this service, primarily young people who attend school, can get their hair cut in the community.


Leydi is an independent young woman accustomed to looking after herself because, when she was very small, her parents left her under the care of her grandparents, who were already very old, and now she has the responsibility of caring for them. Her greatest dream is to have her salon where she can offer her services to the community and from which she can obtain income in order to support herself and her grandparents.

Translated from Spanish by Richard Brown, Kiva Volunteer


Leydi Ventura Velazquez
Grupo: Fantasía

Leydi vive en la comunidad indígena de Crescencio Morales en el municipio de Zitacuaro, Michoacán. Un pequeño pueblo pleno en tradiciones y costumbres ancestrales.

Leydi tiene 25 años y es una joven acostumbrada a trabajar duro para lograr sus metas, ella estudio para estilista durante dos años y para poder estudiar sus cursos, Leydi tenía que levantarse a las 5:00 de la mañana para trasladar a Zitacuaro guayabas, flores silvestres, hongos, churros para vender desde muy temprano en algunos tianguis de este municipio y por las tardes trabajaba en una fonda que se encuentra afuera del instituto donde estudio. Ahora su mayor deseo es tener los productos básicos necesarios para iniciar esta actividad en su comunidad, quiere comenzar con un establecimiento rustico donde pueda cortar cabello, hacer peinados, arreglar uñas y que las personas interesadas en este servicio, principalmente los niños que asisten a la escuela puedan cortarse el cabello dentro de su comunidad.

Leydi es una chica independiente acostumbrada a valerse por ella misma pues desde muy pequeña sus padres la dejaron bajo el cargo de sus abuelos quienes ya son personas muy grandes de edad y ahora ella tiene la responsabilidad de cuidarlos. Su mayor anhelo es tener su estética donde pueda ofrecer su servicio a la comunidad y de la que pueda obtener ingresos económicos para mantenerse y apoyar a sus abuelos.





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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Journal entries for Fantasía Group


Loan has been disbursed
 
Entrepreneur: Fantasía Group
Location: Zitacuaro, Estado De Michoacán., Mexico

Thank you for your loan. It has been disbursed to Fantasía Group, consisting of LEYDI VENTURA VELAZQUEZ, LUCINA VAZQUEZ REYES, ANTONINO VENTURA VELARDE by Fundacion Realidad A.C (FRAC), a partner of World Vision International in Mexico. We are excited to watch this business grow. Over the 12 months of this loan, Fundacion Realidad A.C (FRAC), a partner of World Vision International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Zitacuaro, Estado De Michoacán., Mexico
Oct 11, 2009
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Kiva Help Repayment Schedule for Fantasía Group

  Expected Repayments Actual Repayments Comments
January 2010 $50.33 $49.99 Repayment Received
February 2010 $51.33 $51.67 Repayment Received
March 2010 $52.36 Available Mar 1  
April 2010 $53.41 Available Apr 1  
May 2010 $54.48 Available May 1  
June 2010 $55.57 Available Jun 1  
July 2010 $56.67 Available Jul 1  
August 2010 $57.81 Available Aug 1  
September 2010 $58.97 Available Sep 1  
October 2010 $60.15 Available Oct 1  
November 2010 $61.35 Available Nov 1  
December 2010 $62.57 Available Dec 1