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Lanza 6 Group
In this Group: Romelia, Sabina, Margarita, Irma, Francisca
View original language description ↓
Romelia is 33, married with 2 children, and her husband works in the fields. For the past 8 years, she has run a small mill from her home where she grinds cooked corn to make dough for tortillas, which she then sells in her local community. The other members of the group have a variety of activities. Sabina has been selling chicken parts for the past 3 years. Margarita, on the other hand, sells artisan breads from her home. Both Irma and Francisca have put small grocery stores in their homes where they sell rice, sugar, milk and milk products, sweets and non-perishable goods to people who live nearby. The income from their businesses help all of them to put food on their tables.


Translated from Spanish by Molly Puglisi, Kiva Volunteer.



ROMELIA TIENE 33 AÑOS , CASADA , 2 HIJOS, SU ESPOSO SE DEDICA AL CAMPO .ELL. DESD. HACE 8 AÑOS TIENE EN SU CASA UN MOLINO DOND. REALIZA L. MOLIENDA D. MAIZ COCIDO Y L. MASA POSTERIORMENTE L. HACE TORTILL. L. QUE VEND. A LOS MIEMBROS D. SU COMUNIDAD LAS OTRAS INTEGRANTES DEL GRUPO TIENEN DIFERENTES ACTIVIDADES SABINA SE DEDICA A L. VENTA D. POLLO TROZADO DESD. HACE TRES AÑOS , EN CAMBIO MARGARITA TIENE EN SU CASA UNA PEQUEÑA AMASANDURIA DOND. VEND. PAN ARTESANAL , IRMA Y FRANCISCA POR SU PARTE TIENEN UNA TIENDA D. ABARROTES EN SUS DOMICILIOS DOND. VENDEN: ARROZ, AZUCAR , LECHE Y SUS DERIVADOS, DULCES, ALIMENTOS NO PERECIBLES A LAS PERSONAS QUE HABITAN CERCA D. SU CASA. CON LOS INGRESOS D. SUS NEGOCIOS TODAS ELLAS AYUDAN A LLEVAR EL ALIMENTO A SUS HOGARES.

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
  • $17,541,650
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Lanza 6 Group's $925 loan helped a member supplies and products for their businesses.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 30, 2007
Listed
Dec 15, 2007
Currency Exchange Loss:
Covered
Ended:
Jul 30, 2008