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La Presa Group
In this Group: Daniela, Socorro, Agustina, Erisela, Graciela, Anahi
This communal bank is called “La Presa” (The Dam) and is located in Palo Blanco in the Mexican state of Morelos. Its members are Daniela who will buy perfume, creams, makeup, lipsticks, etc., Agustina, who will buy net-like cloth to fish tilapia, Socorro who will buy oil, sugar, toilet paper, soup, soap, etc., Erisela who will buy catalogues to start selling shoes, Graciela who will buy sheep to raise and Anahí who will buy soft drinks at wholesale.

Agustina is 46 years old. She finished 4th graD.. She has a spouse and three daughters: Tania Lizbeth, 19, who is already employed, María Guadalupe, 14, who does not go to school and Alessandra Sofía, 9, who is in elementary school.

She sells tilapia and asked for the loan to buy circular cast nets, nets and lumber to build a boat. She started her business 20 years ago. Her husband learned by watching his companions fish and they’d lend him the boat and nets so he could fish. Thanks to much effort on her and his part they bought lumber to build a boat of their own and nets to work fishing tilapia.

She goes out using public collective transportation to the Tepalcingo and Axochiapan markets to sell the tilapia. Her business is important because thanks to it she has food to eat. She is proud to have an honorable occupation and that she has money. She sells out the tilapia she takes to sell because of its good flavor; she sells them alive and fresh. The challenges she faces in business is the weather because during times of heat the tilapia die and another challenge is competition because there are many other companions that also go to sell tilapia from other dams.

She will use profits to repay the loan, for food and for her daughter’s education. She hopes to build a bedroom for her daughters. The improvements she wants to accomplish are so that her daughters will grow and she will be able to proviD. the most possible so that they won’t desire things.

The group members want to say to Kiva and Fundación Realidad: “We are very grateful for the support you’ve given us with the loans and please continue to support us. With your help we can get ahead. Thank you very much for lending to us.”
View original language description ↓
Este grupo solidario se llama La presa se encuentra localizado en Palo Blanco, en el estado D. Morelos México, está integrado por la señora Daniela va a comprar con su préstamo perfumes, cremas, maquillaje, labiales, la señora Socorro va a comprar aceite, azúcar, papel higiénico, sopas, jabón , etc., la señora Agustina va a comprar manta tipo red para pescar mojarras, la señora Erisela va a comprar catálogos para empezar a vender zapatos, la señora Graciela va a comprar borregos para crianza, la señora Anahi va a comprar refrescos por mayoreo.
La señora Agustina tiene 46 años D. edad, ella estudio hasta el 4º. Año D. primaria, ella vive en unión libre y tiene 3 hijas Tania Lizbeth D. 19 años D. edad ya trabaja, María Guadalupe D. 14 años D. edad no estudia y Alessandra Sofía D. 9 años D. edad está estudiando la primaria. Ella venD. mojarras tilapia y solicito su crédito para comprar tarrallas, redes y madera para hacer una lancha. Ella inicio su negocio hace 20 años, su esposo aprendió viendo a sus compañeros como pescaban, a él le prestaban la lancha y las redes para pescar; haciendo un gran esfuerzo ella y su esposo compraron la madera para construir su lancha y redes para trabajar en la pesca D. mojarras.
Ella sale a vender las mojarras al mercado D. Tepalcingo y Axochiapan utilizando el transporte colectivo, su negocio es importante porque gracias a este negocio tiene para comer, ella está orgullosa D. tener un trabajo honrado y que tiene dinero, la mojarra que lleva a vender la termina toda por su buen sabor porque van vivas y frescas, los desafíos que enfrenta el negocio es el clima, ya que en tiempo D. calor se mueren las mojarras por el calor, otro desafío es la competencia, pues hay mas compañeras que van a vender mojarras D. otras presas.
Las ganancias las utiliza para pagar el préstamo, para la comida y para la escuela D. su hija, ella tiene las esperanzas D. construir un cuarto para sus hijas y las mejorías que desea lograr para sus hijas son que crezca, que ella les pueda dar lo mas que se pueda, que no deseen las cosas.
Las integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “les agradecemos mucho que nos apoyan con sus préstamos y que nos sigan apoyando, con su ayuda podemos salir adelante, muchas gracias que nos están prestando”.

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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,362,500
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Presa Group's $1,025 loan helped a member to buy cast nets, nets and lumber to build a boat.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011