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Angostura 1 Group
In this Group: Consuelo, Deisy, Maria Del Carmen
View original language description ↓
Consuelo, together with her husband, fishes for a living. She's 42 years old and has five children. The other members of the group are employed in the same line of work which provides them with the income they need to support their families. Commercial fishing is the predominant activity in this area, near Presa La Angostura, and the principal source of family income.

Translated from Spanish by Jere Wiseman, Kiva Volunteer


CONSUELO JUNTO CON SU ESPOSO SE DEDICAN A LA PESCA, ELLA TIENE 42 AÑOS, CINCO HIJOS.LAS DEMAS INTEGRANTES DEL GRUPO SE DESEMPEÑAN EN LA MISMA ACTIVIDAD, YA QUE DE ESTA FORMA OBTIENEN INGRESOS PARA EL GASTO FAMILIAR. PORQUE ESTA ACTIVIDAD ES PREDOMINANTE EN LA ZONA QUE VIVEN.YA QUE SE LOCALIZA CERCA DE LA PRESA DE LA ANGOSTURA Y ES LA FUENTE INGRESOS DE LAS FAMILIAS DEL SECTOR.

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
  • 2
    View loans »
    Mexico Loans Fundraising
  • $17,777,925
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Angostura 1 Group's $850 loan helped a member buy fishing nets and other fishing implements.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 29, 2007
Listed
Dec 15, 2007
Currency Exchange Loss:
Covered
Ended:
Jul 29, 2008