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Victoria 3 Group
In this Group: Juana, Petrona, Maria, Sebastiana
View original language description ↓
Juana is an artisan, she's 20 years old, married. Her husband sells fruits and vegetables. The rest of the women in the group are artisans. They are a big part of the group's economic wealth because tourists' come to this area to purchase beautiful fabrics/outfits of many vibrant colors.



Translated from Spanish by Maria Peterson, Kiva Volunteer.



JUANA ES ARTESANA , TIENE 20 AÑOS , CASADA , SU ESPOSO VENDE FRUTAS Y VERDURAS .EL RESTO DE LAS PERSONAS QUE INTEGRAN EL GRUPO TAMBIEN TRABAJAN EN ARTESANIAS YA QUE CONSTITUYE EL FUERTE DE INGRESO DE MUCHAS MUJERES DE SU COMUNIDAD PORQUE ESA ZONA ES MUY VISITADA POR LOS TURISTAS LOS CUALES COMPRAN SUS PRODUCTOS POR LA BELLEZA DE SUS BORDADOS Y COLORES VISTOSOS

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
  • 29
    View loans »
    Mexico Loans Fundraising
  • $19,068,050
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Victoria 3 Group's $1,125 loan helped a member will invest loan on silk threads for knitting and to purchase fabrics to increase their production.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 28, 2007
Listed
Dec 13, 2007
Currency Exchange Loss:
Covered
Ended:
Jul 28, 2008