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Argentina 2 Group
In this Group: Maria Etelvina, Eloida, Caralampia, Mariola, Maria Teresa
View original language description ↓
Maria Etelvina is 25 years old, has two children, and her husband works in the corn fields. She works buying varied flowers wholesale and creating floral arrangements that are bought by the people in her community for special events. Her group-mates have different activities: Eloida has a shoe store, Caralampia sells chicken, Mariola has a general store, and Maria Teresa sells soft drinks. Each of them will invest their portion of the loan in buying merchandise for their own activity.

Translated from Spanish by Eliana Colunga, Kiva volunteer.



MARIA ETELVINA TIENE 25 AÑOS, DOS HIJOS, SU ESPOSO TRABAJA EN EL CAMPO EN LA SIEMBRA DEL MAIZ, ELLA SE DEDICA A LA COMPRA DE DIVERDAS FLORES NATURALES AL POR MAYOR Y POSTERIORMENTE CREA DIVERSOS ARREGLOS FLORALES, LOS CUALES COMPRA LA GENTE DE SU LOCALIDAD PARA SUS EVENTOS ESPECIALES. SUS COMPAÑERAS DE GRUPO SE DEDICAN A ACTIVIDADES DIFERENTES: ELOIDA TIENE UNA ZAPATERIA, CARALAMPIA VENDE POLLOS TROZADOS, MARIOLA TIENE UNA TIENDA DE ABARROTES Y MARIA TERESA VENDE REFRESCOS. AMBAS CON LA PARTE DEL PRESTAMO INVERTIRAN EN EL INCREMENTO DE MERCANCIA PARA CADA ACTIVIDAD.

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
  • 17
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Argentina 2 Group's $1,950 loan helped a member investing in buying merchandise for each business (INVERTIR EN LA COMPRA DE MERCADERIA PARA CADA NEGOCIO).
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 29, 2007
Listed
Dec 14, 2007
Currency Exchange Loss:
Covered
Ended:
Jul 29, 2008