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Los Encinos Group
In this Group: Eulalia, Maria Del Carmen, Maria Luisa, Apolinar, Maria, Alicia Dolores*
* not pictured
Maria is originally from an area called La Barranca, a beautiful place with spectacular landscapes. She’s part of a group called El Encinal and she tells us that the members decided to name it that way because there are many oak trees (Encino in Spanish) in the place when they hold their meetings. Maria has five children and was recently widowed. She raises sheep and grows avocados and she and her husband had been doing this together for eight years. They decided to start this business so that they could help their children get ahead and be able to establish careers.

She is asking for this loan in order to buy lambs to raise and sell in her area. She also sells avocadoes and tells us that she gets the best prices during the rainy season. It’s from those earnings that she saves up to buy her children’s school supplies, especially now that they are getting ready to begin a new school year.

Maria’s goal is to get ahead with her children and open a small grocery store in her home, so that she can better care for her children.
View original language description ↓
La señora Maria es originaria de una localidad llamada La Barranca un lugar hermosos con unos espectaculares paisajes, ella es parte del grupo El Encinal y comenta que le pusieron ese nombre al grupo por que donde hacen sus reuniones hay muchos árboles de ese árbol llamado encino y es por eso que le pusieron ese nombre. Doña Maria tiene 5 hijos hace poco ella enviudo y ahora esta a cargo de sus pequeños hijos, comenta María que ella se dedica a la cría y venta de borregos y al cultivo de aguacate desde hace 8 años que su esposo y ella decidieron emprender ese negocio para sacar adelante a sus hijos y darles una carrera. Ella esta pidiendo un crédito a la financiera para comprar borregos pequeños y ponerlos en engorda y después venderlos en su localidad. También ella se dedica a la venta de aguacate comenta que en temporada de lluvias es cuando mas se le vende y lo puede dar a mejor precio, comenta que de esas ganancias que obtenga ella ahorrara para cómprales a sus pequeños hijos los útiles escolares ya que pronto entraran a un nuevo ciclo escolar. La meta que tiene la señora Maria es salir adelante con sus hijos y hacer una tienda de abarrotes en su casa para estar mas al pendiente de sus niños.

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
  • 5
    View loans »
    Mexico Loans Fundraising
  • $17,809,100
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Encinos Group's $2,400 loan helped a member to buy lambs to raise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2011
Listed
Jul 19, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011