Check out some available loans that are similar to this one!
Nazareno Group
In this Group: Genoveva, Julia , Linda Beatriz , Alicia , Maria De Los Angeles , Martha Graciela Martinez Chavez, Enriqueta , Louerdes , Apolonia , Angela , Lilia *, Epifanio *, Cristina , Lucia
* not pictured
The community of Nuevo Paso Nazareno is a an indigenous community in which a dialect called “mazateco” is spoken. In this community lives Genoveva who belongs to a development unit (DU) called “nazareno” in honor of the town’s name. Genoveva is 60 and only studied up to 2nd grade, she is married and has four children that are married. She tells us that more than 23 years ago with the support from her husband, they installed a corn grinder in which she grinds corn for her neighbors. Every day she gets up at six in the morning to begin with the corn grinding for her customers and she needs a loan to purchase corn and some parts to give maintenance to the grinder. She hopes that with this investment her business will flourish and gives good profits as she wishes to buy a new grinder.

The other 13 members are:
Julia S. - grocery store
Linda Beatriz P. - snacks
Alicia G. F. - soft drinks
Maria De Los Angeles F. A. - soft drinks
Martha Graciela M. C. – take out food
Enriqueta S. H.- snacks
Louerdes A. S.- soft drinks
Apolonia P. T. - groceries
Angela G. G.- chicken
Lilia M. C.- candy
Epifanio M. P.- repair shop
Cristina T. R.- soft drinks
Lucia P. F.- snacks
View original language description ↓
La comunidad de Nuevo Paso Nazareno es una comunidad indigena en la cual hablan un dialecto llamado mazateco. En esta comunidad vive la señora Genoveva la cual pertenece a una UDE(Unidad de desarollo) llamanda nazareno en honor al nombre del pueblo, doña Genoveva tiene la edad de 60 años solo asistio al segundo grado de primaria, esta casada y tiene 4 hijos los cuales ya estan casados. Ella nos platica que hace un poco mas de 23 años con el apoyo de su esposo pusieron un molino de nixtamal (maiz) en el cual muele el maiz a sus vecinas. Cada día se levanta a las seis de la mañana para iniciar a moler el maiz a sus clientas y necesita este credito para invertirlo en la compra de maiz y algunas piezas para dar mantenimiento a su molino. Ella espera que con esta inversion su negocio prospere y deje buenas ganacias ya que desea comprar un nuevo molino.
Los otros 13 integrantes del grupo son:
Julia S.- tienda de abarrotes
Linda Beatriz P. P.- antojitos
Alicia G. F.- deposito de refrescos
Maria De Los Angeles F. A.-deposito de refrescos
Martha Graciela M. C.-cosina economica
Enriqueta S. H.- antojitos
Louerdes A. S.- deposito de refrescos
Apolonia P. T. - abarrotes
Angela G. G.- polleria
Lilia M. C.- dulceria
Epifanio M. P.- taller mecanico
Cristina T. R.- venta de refrescos
Lucia P. F.- antojitos

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
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,761,850
    Funds lent in using Kiva
  • 11.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nazareno Group's $4,625 loan helped a member to buy corn and parts for a grinder.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2011
Listed
Apr 25, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2011