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Las Palmeras Group
In this Group: Hugo , Abias , Marisol, Ruth , Adela , Maria , Angela *, Karina *, Berta , Rafael, Mirna
* not pictured
María is 60 years old. She is a single mother with 5 children, who are all married and independent. Her children provide her with economic assistance, which María greatly appreciates. However, she is a hard-working woman, and for the past 7 years, she has operated a business selling meals and soft drinks. She will invest her loan in buying supplies to use for preparing the food, and she will also buy soft drinks in various flavors.

She hopes that her loan will help her get ahead a little more, since she would like her business to grow, and she wants to expand the site where she sells her products.

María belongs to "Las Palmeras" ["The Palms"] communal bank, which is made up of 11 people, 2 men and 9 women. The other members are Hugo, Marisol, Adela, Karina, Rafael, Abias, Ruth, Mirna, Ángela Rafael and Berta. All of them have commercial activities, such as cosmetics sales, urban transportation, grocery store, curiosity shop, butcher shop, animal sales, plastic items sales, etc.
View original language description ↓
María cuenta con 60 de años de edad, es madre soltera tiene 5 hijos los cuales todos ya están casados y son independientes, sus hijos le brindan ayuda económica lo cual doña María lo agradece mucho, pero sin embargo ella es una mujer trabajadora y cuenta con un negocio de cenas y refrescos desde hace 7 años, lo cual invertirá su préstamo en la compra de los insumos que utiliza para la elaboración de la comida y comprar refrescos de varios sabores.

Ella espera que su préstamo le ayude un poco más ya que le gustaría que incrementara un poco más ya que quiere ampliar el lugar donde vende.

María pertenece al grupo las palmeras el cual está integrado por 11 personas 2 hombres y 9 mujeres a continuación serán mencionadas:
Hugo, Marisol, Adela, Karina, Rafael, Abias, Ruth, Mirna, Ángela Rafael, Berta, todos realizan una actividad comerciante como son: cosméticos, transporte urbano, productos de abarrotes, curiosidades, carnicería, venta de animales, plásticos, etc.

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
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,761,850
    Funds lent in using Kiva
  • 13.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Palmeras Group's $3,100 loan helped a member to invest in buying supplies such as vegetables, cooking oil, soft drinks, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2011
Listed
Nov 4, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012