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Usumacinta 1 Group
In this Group: Maria, Bertha, Esther Guadalupe, Maria Cruz, Maria Ofelia, Concepcion
View original language description ↓
Maria is 36 years old, has three children, and her business is preparing various typical regional dishes. She has this business in her home, and she sells three times per week. With the loan she plans on expanding her business. Her income is used for her family’s expenses. She is part of the Usumacinta 1 Group, together with her colleagues: Bertha P. A. (sells food), Esther Guadalupe (sells perfumes and cosmetics), Concepcion R. D. (sells clothing), Maria Cruz R. P. and Maria Ofelia D. P. (seamstresses).


Translated from Spanish by Cindy Kendall, Kiva volunteer.



MARIA TIENE 36 AÑOS, TRES HIJOS, SE DEDICA A PREPARAR DISTINTOS PLATILLOS TIPICOS DE LA REGION. NEGOCIO QUE TIENE INSTALADO EN SU CASA, VENDE TRES VECES POR SEMANA, CON EL CREDITO PRETENDE AMPLIAR EL NEGOCIO, SUS GANANCIAS SON UTILIZADAS PARA LOS GASTOS FAMILIARES. ELLA FORMA PARTE DEL GRUPO USUMACINTA 1, JUNTO CON SUS COMPAÑERAS: BERTHA PÉREZ A. (VENTA D COMIDA), ESTHER GUADALUPE (VENTA DE PERFUMES Y COSMETICOS) CONCEPCION R. D. (VENTA DE ROPA), MARIA CRUZ R. PÉREZ Y MARIA OFELIA D. PÉREZ (COSTURERAS).

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
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Usumacinta 1 Group's $1,675 loan helped a member sell food.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 2, 2008
Listed
Feb 16, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2008