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Lanza 4 Group
In this Group: Gloria, Julieta, Flor De Maria, Adregonia, Gabriela
View original language description ↓
Gloria is 34 and married with 2 children; her husband works in the fields. For the past 6 years, she has sold clothing from her house as well as on the streets. Flor de Maria also sells clothing both from home and on the streets. Julieta and Adregonia have put small grocery stores in their homes and supply products to persons in their communities. Gabriela is the only one of the group who sells soft drinks from home, to people in her neighborhood. Each of them, with their share of the loan, will replenish their business' supply of merchandise.


Translated from Spanish by Molly Puglisi, Kiva Volunteer.



GLORIA TIENE 34 AÑOS , CASADA CON 2 HIJOS , SU ESPOSO SE DEDICA AL TRABAJO DEL CAMPO, ELLA VENDE ROPA EN SU CASA Y ADEMAS SALE A VENDER EN LAS CALLES DE LA CIUDAD DESDE HACE COMO 6 AÑOS . AL IGUAL QUE DOÑA FLOR DE MARIA QUIEN TAMBIEN TIENE EN SU CASA VENTA DE ROPA . EN EL CASO DE JULIETA Y ADREGONIA ELLAS TIENEN EN SUS CASAS TIENDA DE ABARROTES Y ABASTECEN DE PRODUCTOS A LAS PERSONAS DE SU COMUNIDAD .SOLAMENTE GABRIELA SE DEDICA A LA VENTA DE REFRESCOS DESDE SU CASA A LOS VECINOS DE SU SECTOR. TODAS ELLAS ABASTECERAN DE MAS MERCADERIA SUS LOCALES CON LA PARTE QUE LES CORRSPONDE DEL PRESTAMO.

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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $18,125,250
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Lanza 4 Group's $925 loan helped a member purchase merchandise to supply their respective businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 30, 2007
Listed
Dec 15, 2007
Currency Exchange Loss:
Covered
Ended:
Apr 30, 2008