Check out some available loans that are similar to this one!
Las Vecinas Group
In this Group: Maria Julia, Andrea , Teresita De Jesus, Adriana Natividad, Norali Magaly, Irene , Martha
'Las Vecinas' (The Neighbors) is a Credituyo community bank which has seven female members and is entering its first loan cycle. The women gave the group this name because they all live in the same neighborhood, very close to each other.

Martha is one of the group's members. She lives with her husband and two children in Nuevo Escobedo neighborhood. She has a 13 year-old daughter and a 4 year-old son. Martha has a taco stall where she works together with her husband in order to support her family. The tacos are called “Los Sureños”. She started selling 8 years ago in a location near her home. She sells roasted meat and pork tacos, quesadillas with meat and burgers.

Martha requested this loan to invest in her business so that she could continue selling her products and keep her customers happy. She would like to use her profits to continue supporting her daughter's education. Her daughter is currently in high school and she tells us that she is top of her class.
View original language description ↓
Las Vecinas es un grupo solidario de Credituyo en su primer ciclo formado por 7 mujeres. Ellas pusieron ese nombre al grupo porque todas viven en la misma colonia, muy cerca unas de otras.
Martha es una de las mujeres del grupo. Ella vive con su esposo y sus dos hijos en la colonia Nuevo Escobedo. Ella tiene una hija de 13 años y un hijo de 4. Ella tiene un puesto de tacos en el cual trabaja junto con su esposo para poder mantener a la familia. Los tacos se llaman “Los Sureños”, y comenzaron hace 8 años en un puesto cerca de su casa. Los tacos que vende son de carne asada, puerco, quesadillas con carne, y además también venden hamburguesas. Ella pidió el préstamo para poder invertir en el negocio y seguir vendiendo continuamente y así que sus clientes sigan contentos . Martha quiere con sus ganancias seguir apoyando a la educación de su hija que estudia la secundaria y nos comento que es el primer lugar de su clase.

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

  • $15,600
    Average annual income
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,761,850
    Funds lent in using Kiva
  • 12.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Vecinas Group's $1,875 loan helped a member to buy ingredients for her taco stall.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 13, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2011