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Loma Linda Group
In this Group: Gregoria, Soila, Adela, Benigno, Adriana
This united group called Loma Linda is made up of Gregoria who will use her loan to buy sugar, milk, chiles, and dairy products and also there is Benigno who will buy seasonal catalogs and shoes to fill his orders. Then there is Adriana who will purchase calves to fatten up. Adriana is 28, married and she and her husband have a taco stand. They have two daughters in primary school. She has a fruit and vegetable sales business as well as selling meat, head, and tongue tacos. She is requesting a loan to buy marigolds, oranges, plantains and beans. She started the taco business 13 years ago in the town center in front of the church. Her husband taught her all about handling a taco business and it is very important to her since they depend on it for food and household expenses. Adriana feels very proud when her customers look satisfied and return to buy the tacos. She will use the loan to purchase ingredients to continue working and covering the household expenses and her daughters' education. She is planning to expand her business by buying more tables and chairs. Her dreams and hopes are to get her daughters ahead and give them a future and a career. The members of the group thank Kiva and the Realidad Foundation for the financing.
View original language description ↓
Este grupo solidario se llama Loma Linda, está conformado por la señora Gregoria va a comprar con su préstamo azúcar, leche, chiles, lácteos, la señora Soila va a comprar miel por cubeta, la señora Adela va a comprar carne de borrego para hacer barbacoa, el señor Benigno va a comprar catálogos de temporada y zapatos para surtir sus pedidos, la señora Adriana va a comprar reses para engordarlas. La señora Adriana tiene 28 años de edad, ella es casada su esposo tiene un negocio de taquitos ellos tienen 2 hijas que estudian la primaria, ella tiene su negocio de venta de frutas y verduras y su negocio de tacos de carne longaniza, cabeza, lengua, ella solicito su préstamo para comprar flor de cempasúchil, frutas naranjas, plátanos verduras y legumbres, ella inicio su negocio de taquitos hace 13 años en el centro de su comunidad frente a la iglesia, su esposo le enseño a trabajar todo lo relacionado al negocio de los taquitos, su negocio es importante porque de ahí dependen tienen para comer y cubrir los gastos de la casa, ella se siente orgullosa cuando sus clientes se van satisfechos y regresan a comprar sus taquitos, ella utiliza las ganancias para invertir en los insumos para seguir trabajando en los gastos de la casa y en la educación de sus hijas, ella está planeando ampliar su negocio comprar mas mesas y sillas, sus sueños y esperanzas son sacar adelante a sus hijas darles un futuro y una carrera. Las integrantes del grupo les dan las gracias a Kiva y a Fundación Realidad por sus préstamos

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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,362,500
    Funds lent in using Kiva
  • 13.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Loma Linda Group's $1,800 loan helped a member to buy marigolds, fruit, oranges, plantains, vegetables and beans.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2011
Listed
Nov 16, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012