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El Manantial Group
In this Group: Antonia, Juana, Catalina, Isabel , Gloria, Cecilia, Luciana, Zita, Clara, Cesilia
This group is called “El Manantial” (The Spring). Its members decided to call it this because their neighborhood is called “El Manantial,” state of Oaxaca. It has ten members who have known each other for approximately 30 years; they are neighbors and family members.

Zita is a member of the “El Manantial” group and is 35 years old. She has lived in this community her whole life and for that reason has known the other members of the group for a long time. She studied up to 8th grade. She has a total of four children, two girls and two boys. She sells footwear and needs the loan to buy more footwear to display in the small locale that her husband has just finished building so that when she does not have time to go out to sell she can do it from her locale. Her customers are recommending that she sell all types of footwear, like tennis shoes and shoes for school, so that they won’t go elsewhere to buy. One of Zita’s dreams is to set up a shoe store to have something to leave to her children.

The other group members are:

Isabel - sells fruits and vegetables.
Antonia - sale of traditional Mexican snacks.
Juana - sale of traditional Mexican snacks.
Catalina - to buy ingredients to make bread.
Gloria - to buy ingredients to make bread.
Cecilia - sale of traditional Mexican snacks.
Luciana - to make tamales.
Clara - sale of traditional Mexican snacks.
Cecilia- sale of traditional Mexican snacks.

They are very happy with the support that Fundación Realidad has given them to make their dreams a reality.
View original language description ↓
Este grupo se llama el manantial , sus integrantes decidieron ponerle ese nombre por que su barrio se llama "El Manantial", estado de Oaxaca esta conformado por diez integrantes que se conocen desde aproximadamente 30 años son vecinas y familiares.

La señora Zita es integrante del grupo "El Manantial", ella tiene treinta y cinco años de edad, siempre ha vivido en ésta comunidad, es por ello que desde muy pequeña conoce a los demás integrantes del grupo.
Ella estudio hasta secundo grado de la secundaria tiene un total de cuatro hijos dos mujeres y dos varones , se dedica a la venta de calzado y necesita el préstamo para comprar .
Necesita el préstamo para comprar mas calzado y así exhibirlos en le pequeño local que acaba de construir su esposo para que cuando no tenga tiempo de salir vende desde su local.
Sus clientes le recomienda que venda todo tipo de calzado lo que son tenis y zapatos escolares para que ya no vayan a otro lugar a comprar.
Uno de sus sueños de la señora Zita es poner una zapatería para que así tenga algo que dejarles a sus hijos.

Los otros ocho integrantes se llaman :
Isabel-representante del grupo vende frutas y verduras
Antonia- venta de antojitos mexicanos .
Juana- venta de antojitos mexicanos.
Catalina-para la compra de insumos para la elaboración de pan.
Gloria- para la compra de insumos para la elaboración de pan.
Cecilia-venta de antojitos mexicanos.
Luciana-para la elaboración de tamales.
Clara- venta de antojitos mexicanos.
Cecilia-para la venta de antojitos mexicanos.
Están muy contentas por el apoyo que les a dado fundación realidad para hacer realidad sus sueños.

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
  • 6
    View loans »
    Mexico Loans Fundraising
  • $17,731,700
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Manantial Group's $3,575 loan helped a member to buy and sell shoes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2011
Listed
Jul 19, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011