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La Fe Group
In this Group: Abel , Marcelina, Ma Del Refugio, Feliana, Adelfa *, Ángela , Teodora , Maria Del Rocio, Ismael*, Juana , Blanca Hemir , Silvestra , Esther , Magali
* not pictured
Magali is 31-years-old and is married. She has 4 children, and those in school are Brenda, the oldest, who studies in the first year of middle school, Sandy, in elementary school, and Michael, in his third year of preschool. She has a 1 year, 7 month old baby. Her husband is named Hidael and is a bricklayer.

She is a merchant selling empendadas with rice pudding, flour, and sweet potato. She has had her business for 4 years and has known how to move it forward. She sells her empanadas in several towns in order to sell more and to maintain profits. She will invest her loan in the purchase of ingredients used for empanadas such as flour, oil, sugar, milk, etc.

Magali belongs the group "La Fe" [The Faith] which is composed of 14 members, 2 men and 12 women, who identify as hard workers and all of whom are working. They are mentioned as follows: Abel, Marcelina, Ma. del Refugio, Feliciana, Adelfa, Ángela, Teodora, María del Rocío, Ismael, Juana, Blanca, Silvestra, and Esther. They all have businesses, like the sale of groceries, soft drinks, fruits and vegetables, fish, food, household items, clay pots, etc.
View original language description ↓
Magali cuenta con 31 años de edad es casada tiene 4 hijos los cuales se encuentran estudiando Brenda la mayor estudia 1º de secundaria, Sandy está estudiando la primaria y miguel esta en 3º de preescolar tiene un bebe de un año 7 meses, su esposo se llama hidael es albañil.

Ella es comerciante vende empanadas de arroz con leche, harina y camote ya tiene 4 años con su negocio lo ha sabido sacar adelante sale a vender sus empanadas en varios pueblos para poder vender más y que le queden ganancias, ella invirtiera su préstamo en la compra de los insumos que utiliza para las empanadas como son: harina, aceite, azúcar, leche, etc.

Magali pertenece al grupo la fe el cual está integrado por 14 miembros dos hombres y 12 mujeres las cuales se definen como unas trabajadoras y todas se encuentran trabajando a continuación serán mencionadas: Abel, Marcelina, Ma del Refugio, Feliciana, Adelfa, Ángela, Teodora, María del Rocío, Ismael, Juana, Blanca, Silvestra, Esther. Todas realizan una actividad comercial como son: venta de productos de abarrotes, refrescos, frutas y verduras, pescaderia, comida, artículos domésticos, ollas de barros, 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

  • $11,249
    Average annual income
  • 8
    View loans »
    Mexico Loans Fundraising
  • $17,360,450
    Funds lent in using Kiva
  • 13.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Fe Group's $4,700 loan helped a member to purchase supplies like flour, oil, sugar, and milk.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2011
Listed
Dec 15, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012