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La Garita Group
In this Group: Carolina, Rosa Linda, Maria Eugenia, Clara, Abel, Liliana, Ma Socorro, Rosa, Nancy Veronica, Laura
The majority of men in this country unfortunately work very hard jobs that are not well paid because they lack education because their parents could not afford to send them to school.

This is the case of Mr. Abel. He is 44 years old and comes from a very pretty and picturesque town, where the attraction is a large hydroelectric dam that has a capacity of 248.70 million cubic meters. There, one can go fishing, camping, and do other recreational activities. This site is visited above all during the week of Easter vacation when the municipal authorities organize recreational activities for the whole town.

Mr. Abel has been a bricklayer for about 10 years. He says that a friend invited him to do this job since being a laborer did not earn him enough income to support his family. He says he sometimes goes to the capital to work on large construction projects where he can earn a little more. Now he is requesting a loan to purchase tools such as a cutter that he uses to facilitate his work .

He is very enthusiastic because he says this is the first time he has worked with a microfinance bank, which people have spoken very highly of. He hopes that through this loan, he can grow in the work that he enjoys doing.

The other nine members are Carolina, Rosa Linda, María Eugenia, Clara, Liliana, Ma Socorro, Rosa, Nancy, Laura. They are all requesting loans to invest in different businesses such as shoe sales by catalog, bedspread and sheet sales by catalog, cosmetics sales, a sewing workshop, a bakery, a clothing store, and groceries.
View original language description ↓
La mayoría de las hombres de este país desgraciadamente por falta de estudio por que sus padres no tiene los recursos para mandarlos a la escuela se tiene que dedicar a oficios que desgraciadamente no son muy bien pagados y son trabajos muy duros, es el caso de don Abel que tiene la edad de 44 años el es de una población muy bonita y pintoresca donde su atractivo es una gran presa hidroeléctrica la cual tiene una capacidad de 248.70 millones de metros cúbicos, es un lugar donde se puede practicar la pesca, el campismo y otras actividades recreativas, este sitio es muy visitado sobretodo en la época de vacaciones de semana santa, pues en él las autoridades municipales, organizan actividades recreativas para la población en general. Don Abel es albañil desde hace 10 años aproximadamente dice que fue un amigo que le invito a realizar este oficio ya que el ser jornalero no le dejaba muchas ganancias y no podía mantener a su familia. Platica que el va a trabajar a veces a construcciones grandes a la capital y que es donde gana un poco mas. Ahorita el esta pidiendo un crédito para la compra de herramienta como una cortadora que ocupa en su trabajo para que se le facilite mas. El esta muy entusiasmado por que dice que es la primera vez que trabaja con una micro financiera la cual le han hablado muy bien de ella. El espera que através de los crédito el pueda crecer en su trabajo que le gusta hacer.Los otros nueve integrantes se llaman Carolina, Rosa Linda, María Eugenia, Clara, Liliana, Ma. Socorro, Rosa, Nancy, Laura todos ellas están pidiendo sus créditos para invertirlos en sus diferentes negocios como son la venta de zapatos por catalogo, venta de colchas y sabanas por catalogo, venta de cosméticos, taller de costura, panadería, tienda de ropa y abarrotes.

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

  • $15,600
    Average annual income
  • 38
    View loans »
    Mexico Loans Fundraising
  • $19,116,675
    Funds lent in using Kiva
  • 13.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Garita Group's $2,725 loan helped a member purchase construction tools.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2011
Listed
Oct 4, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012