San Gabriel Group
The members are Adelina who will buy cosmetics and lipsticks at wholesale, Adelfina who will buy all sorts of candy, Salustia who will buy seasonal fruit and vegetables, Margarita who will buy ingredients to make tlacoyos (oval shaped fried or toasted cakes maD. of masa), Maura and María who will buy pigs to raise, Blanca who will buy drinking glasses and gelatins to prepare, Salustia who will buy bread at wholesale, Alicia who will buy corn to make pozole and meat and vegetables for tostadas, Marilú who will buy shoes at wholesale.
Marilú is 34 years old and finished 6th graD.. She has her diploma. She is married and they have two sons. Humberto is 12 years old and is in 6th graD. and Héctor Manuel is 6 years old and in first graD..
She has a business selling shoes via catalogue of the Class, Andrea and Zone brands. She requested her loan to buy ladies, men’s and children’s shoes to fill her orders. Her customers are young women and ladies. She goes out door to door to offer shoes for women, men and children to her customers. She started the business two years ago and went to Jonacatepec to sign up and learned how to manage everything about this business on her own. She became interested in selling shoes and she feels proud when she does well and they pay her cash for the shoes thereby earning good profits. Her plans and hopes are to continue selling. She’d like to open a well-established shoe shop and that her children continue studying. She is happy with this loan because she is going to invest it buying shoes.
Amacuitlapilco is a traditional town. In the month of March they celebrate the day of Saint Gabriel and on the fifth Sunday of Lent there is an evening procession. They also seasonally farm sorghum and corn and grow beans and squash with irrigation.
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.
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Success!! The loan was 100% repaid