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Cascada 7 Group
In this Group: Rosa, Antonia, Reyna, Guadalupe
View original language description ↓
Rosa is 38 years old. Her business helps her support her 5 children. For the past 3 years she has raised and sold pigs from her home. People from the area and other nearby towns seek her and her pigs out in her home. With her loan she wants to buy more piglets and also improve the place where she keeps her animals. The other members of the group are Antonia G. M., Reyna G. M. and Guadalupe G. M., and they all raise pigs.

Translated from Spanish by Cindy Kendall, Kiva volunteer.



ROSA TIENE 38 AÑOS, SU ACTIVIDAD LE AYUDA A MANTENER A SUS 5 HIJOS, ELLA EN CASA DESDE HACE 3 AÑOS SE DEDICA A LA CRIANZA Y VENTA DE PUERCOS, LA GENTE DE LA LOCALIDAD Y DE OTROS PUEBLOS CERCANOS LA BUSCAN EN SU CASA PARA LA VENTA DE SUS ANIMALISTOS COMO CARIÑOSAMENTE LE LLAMA A SUS PUERQUITOS, CON SU CREDITO QUIERE COMPRAR MAS ANIMALITOS PEQUEÑOS ASI COMO PODER COMPONER EL LUGAR DONDE MANTIENE A SUS ANIMALES, LAS OTRAS INTEGRANTES DEL GRUPO, ANTONIA G. M., REYNA G. M. Y GUADALUPE G. M., SE DEDICAN LA CRIANZA DE PUERCOS.

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
  • 14
    View loans »
    Mexico Loans Fundraising
  • $18,793,250
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Cascada 7 Group's $1,500 loan helped a member purchase more animals and enlarge the area in which they are raised.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 1, 2008
Listed
Feb 16, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2008