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Barrio Mutut Group
In this Group: Laureano, Flor De Maria, Alejandra , Jose, Vicenta , Laura
Laureano Díaz Pérez lives in the pretty town of Bochil. He is married to Manuela Días Sánchez, with whom he has five children, now grown and married. Laureano is a member of the group Mutut, a name that is meaningful to the members because it is name of the mate tree in their native language.

He is requesting a loan for his business buying and selling livestock. Laureano has been in this business for ten years and is earning good income from it. He hopes to expand his business with this loan and be able to build a better life for his family.

Laureano began this business at the same time as several of his friends. They work together and support each other, performing better than if they were working alone. Laureano hopes to use this loan to build his business and to continue working for as long as God gives him life.

The other members of the group are: Flor de María (owns a grocery store), Alejandra Pérez (buys and sells blankets), José Hernández (sells livestock), Vicenta Díaz (dyes and sells blankets), and Laura Días (buys and sells blankets). With this loan, the group members hope to increase their business sales.
View original language description ↓

Don Laureano Díaz Pérez, vive en la localidad de bochil un lugar muy bonito, tiene por esposa a la señora Manuela Días Sánchez con quien procreo cinco hijos quienes ya están casados, es integrante del grupo mutut que lleva por significado árbol de mate le pusieron ese nombre porque en la lengua que ellos hablan así lo identifican.

Solicito el préstamo para invertirlo en la compra y venta de ganados si poder apoyarse con sus gastos, en esta actividad lleva diez años y comenta que la va bien ya que ha logrado obtener mejorías en su pequeña actividad. El desea que con este apoyo logre aumentar su trabajo y así salir adelante con su esposa.

Inicio esta actividad ya que unos compañeros lo invitaron a trabajar con ellos y así mejor sea el apoyo entre ambos y tener mejor rendimiento de ganancias para sostener a su familia, se animo a formar parte y es como ha estado trabajando.

Lo que desea es que con este préstamo logre aumentar su negocio y así seguir trabajando hasta que dios le siga prestando vida.

Las otras personas que integran el grupo son las siguientes: Flor de María (tienda de abarrotes), Alejandra Pérez (compra mantas), José Hernández (venta de ganado), Vicenta Díaz (compra de mantas para pintarlas y luego venderlo), Laura días (compra y venta de mantas), y con el préstamo piensan aumentar sus ventas.

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
  • 33
    View loans »
    Mexico Loans Fundraising
  • $18,350,050
    Funds lent in using Kiva
  • 11.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Barrio Mutut Group's $2,025 loan helped a member to buy livestock such as young bulls and cows, for later resale in the same region.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Apr 3, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 19, 2011