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Las Nubes Group
In this Group: Luz Elena, Angelica, Rosa, Olga Lidia, Yarelin, Guillermina, Justina, Jaime
This group is called “Las Nubes” (The Clouds) because they want to reach great heights in their lives. The eight group members are: Olga Lidia G., Angélica V., Rosa T., Yareli Rodríguez, Guillermina F., Jaime Yépez, Justina Barragán and Luz Elena G.; they all live in the state of Veracruz. Olga sells catalogue items; Rosa and Yareli sell clothing, Guillermina, Jaime, Justina and Luz Elena raise cattle.

Olga Lidia is the group representative. She’s married and has three children: Lidia Guadalupe, 18, Samuel, 14 and Abigail, 9.

Olga Lidia has a small shop in her home where she stocks clothing, stationery supplies and gift items. She assures us that this business generates good profits because there aren’t too many other similar businesses in her community.

She will use these funds to buy stock items for her shop in order to have more varied items available for sale.

Olga Lidia says that she is very happy in her “Las Nubes” group because she knows she can trust them. She feels very fortunate that Kiva lenders are willing to help her business succeed.
View original language description ↓
Este grupo se llama las Nubes porque es algo que esta muy alto y asi quieren ellos llegar en la vida. Las ocho personas del grupo son Olga Lidia G., Angélica V., Rosa T., Yareli Rodríguez, Guillermina F., Jaime Yépez, Justina Barragán, Luz Elena G.. Todos de ella viven en el estado de Veracruz. Olga se dedica a la venta por catalogo, Rosa y Yareli a la venta de ropa, Guillermina, Jaime, Justina y Luz Elena se dedican a la comercialización de ganado.

Olga Lidia es la representante del grupo. Ella está casada. Tiene tres hijos se llaman Lidia Guadalupe de 18 años Samuel de 14 años y Abigail de 9 años.
Olga Lidia se dedica al negocio en su domicilio donde vende de ropa, artículos para regalos y papelería. Ella asegura que este negocio rinde muchas ganancias porque no hay muchos negocios que vendan los mismos artículos en su comunidad.
Con este crédito, quiere comprar artículos para sus negocios y asi tener un surtido mas amplio para ofrecer.

Olga Lidia dice que ella se siente muy a gusto en el grupo de las nubes porque ella sabe que puede confiar en ellos. Olga Lidia a se siente muy afortunada de que los prestarios de KIVA estén dispuestos para ayudarla para sacar su negocio adelante.

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

  • $11,249
    Average annual income
  • 22
    View loans »
    Mexico Loans Fundraising
  • $17,870,375
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Nubes Group's $2,950 loan helped a member to buy clothing, stationery supplies and gift items.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2010
Listed
Apr 26, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2010