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La Amistad Group
In this Group: Uvalda, Maria , Lucina , Santacruz , Ivett , Víctor Manuel , Adalberta, Celia, Magali , Santacruz *
* not pictured
This group goes by the name "La Amistad" ["The Friendship"]. It is located in the community of El Pabellón, which is part of the municipality of Cuautepec, in Guerrero state. The members of this group decided to give themselves this name because they have known one another for a long time and are all friends.

This story is about Ms. SantaC., since she is the representative of this group. She is 32 years old, married, and has two children, Alejandro and Liliana. Her children are both in school. The older boy is in the third grade of preparatory school and her younger daughter is in the third year of secondary school.

Ms. SantaC. has run a beauty salon for four years. She decided to start her business because she needed to improve the quality of life for her and her family, and so that her children could get ahead. Previously, she did not have the economic means to give her children a good education nor to support her husband with the household expenses. She will invest this loan in the purchase of more materials for her salon, such as tints, scissors, combs, conditioners, gel, and other beauty products.

She says that her business has been quite beneficial, as she has used her profits to pay for her children's schooling and to improve their quality of life. She is also improving her economic solvency and saving to buy a machine for cutting hair and a hair dryer.

Ms. SantaC. would like to continue investing in her business so that it can grow a lot more. Eventually, she would like to build a larger space for her salon, to expand her business, and to create a beauty academy. She would like to increase and improve her profits in order to continue supporting her children's education, to have a good professional career, and to have a better future.

She says that all of her fellow group members are responsible individuals and good payers and that she knows them all and they are very good friends. She also says that have never had any problems amongst themselves and that up to this point, no one has failed to make a loan repayment because they are a very responsible and punctual group.

Ms. SantaC. is very grateful to Kiva lenders and to FRAC because thanks to them, she is making progress and has been able to have her own business and to support her children in their studies.

The members of "La Amistad" and the businesses they will invest their loans in are as follows:

Uvalda - perfume sales
Maria- snack sales
Lucina - fish sales
SantaC. - beauty parlor
Ivett - perfume sales
Víctor Manuela - taqueria
Adalberta - tamale sales
Celia- grocery store
Magali - grocery store
SantaC. (there are two people named SantaC. in the group) - snack sales
View original language description ↓
Este grupo lleva por nombre "La amistad", esta ubicado en la comunidad de "El pabellón" perteneciente al municipio de Cuautepec, Guerrero, los integrantes del grupo decidieron ponerle este nombre por que son personas que se conocen de hace muchísimo tiempo y son muy amigos es por eso que eligieron ponerle así , esta historia es acerca de la señora SantaC., ya que ella es la representante de este grupo, cuenta con 32 años de edad, está casada y tienen 2 hijos Alejandro y Liliana, de los cuales los dos estudian el mayor esta cursando el tercer año de prepa y la menor esta en tercer año de secundaria, ella tiene una estética con la que lleva mas de 4 años.

Doña SantaC. decidió iniciar con este negocio por que tenia la necesidad de mejorar su calidad de vida y la de su familia, y sacar a sus hijos adelante, ya que no tenia la solvencia económica suficiente para conseguir darles una mejor educación a sus hijos y apoyar a su esposo con los gastos de la casa, el crédito que recibió lo invirtira en la compra de mas material para su negocio como son tintes, tijeras, peines, acondicionadores, gel y demás productos de belleza, para continuar con su negocio.

Dice que su negocio le esta beneficiando bastante ya que de las ganancias obtenidas esta sacando para pagar los estudios de sus hijos y mejorar su calidad de vida, también ahora esta mejorando su solvencia económica, tanto que esta ahorrando para comprarse una maquina para cortar pelo y una secadora.

La señora SantaC. desea seguir invirtiendo en su negocio para hacevque crezaca mucho mas, ya que quiere construir un local un poco mas grande, para ampliar su negocio, puesto que quiere poner una academia de belleza, para así incrementar y mejorar sus ingresos, y así poder seguir apoyando a sus hijos con sus estudios, para que pueda seguir estudiando y tengan una buena carrera profesional, y puedan tener un mejor futuro.

Dice que todos sus compañeros, son personas responsables y pagadoras puesto que todas se conocen y son muy amigos así que no tienen ningún problema entre ellos, y hasta ahora nadie ha fallado con los pagos del crédito, ya que son muy responsables y puntuales.

Ella esta muy agradecida con los prestatarios de kiva y con FRAC, ya que gracias a ellos esta saliendo adelante y ha podido tener su propio negocio, para así seguir apoyando a su hija en sus estudios.
Las personas que integran el grupo de la amistad y las actividades en las que invirtieron su crédito son las siguientes:
Uvalda-venta de perfumes
Maria-venta de antojitos
Lucina-venta de pescado
Santa C.-estética
Ivett-venta de perfumes
Víctor Manuel-taqueria
Adalberta-venta de tamales
Celia-tienda de abarrotes
Magali-tienda de abarrotes
Santa C. (hay dos personas que se llaman Santa C. en el grupo)-venta de antojitos

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
  • 8
    View loans »
    Mexico Loans Fundraising
  • $17,804,525
    Funds lent in using Kiva
  • 12.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Amistad Group's $1,800 loan helped a member to buy tints, scissors, combs, conditioners, and other beauty products for her salon.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2010
Listed
Dec 27, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011