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Barrio Nuevo Group
In this Group: Aurelia , Margarita , Ma Elena , Brigida *, Celina , Yadira , Nolberta, Elizabeth , Maricela , Patricia
* not pictured
Margarita is 44 years old and married. Her husband, named Delfino, is a farmworker. They have two children that are in school. One is named Gustavo in sixth grade, the other is Cecilia who is in fifth grade.
Margarita is a businesswoman who sells prepared dinners and tortillas. She has been doing this job for the past four years. She will use this loan to buy corn, firewood and vegetables. This loan will help her provide a greater variety of goods to her customers. She hopes to build a small stove and little by little continue growing her business.
Margarita belongs to the group called "New Neighborhood". It has ten members that are women who are named Aurelia, Maria Elena, Brigida, Celina, Yadira, Nolberta, Elizabeth, Maricela and Patricia. They all are businesswomen. The activities they engage in include selling vegetables, fruit, prepared food, groceries, shoes from a catalogue, sweets, etc.
View original language description ↓
Margarita cuenta con 44 años de edad, es casada su esposo se llama delfino es campesino, tiene 2 hijos están estudiando el mayor se llama Gustavo esta en 6° grado de primaria, y cecilia 5° grado.

Ella se dedica al comercio vende cena y tortillas ella ya tiene 4 años con el negocio e invertirá su préstamo en la compra de maíz, leña, verduras, doña margarita dice que le ayudara ya que pues con el préstamo surtirá un poco mas ella espera poner una fondita y irla ampliando poco a poco.

Margarita pertenece al grupo barrio nuevo que esta integrado por 10 miembros que son mujeres a continuación serán mencionadas: Aurelia, Ma. Elena, Brígida, Celina, Yadira, Nolberta, Elizabeth, Maricela, Patricia, todas realizan una actividad comercial como son: venta de verduras, frutas, comida, abarrotes, venta de calzado por catalogo, dulces, 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
  • 49
    View loans »
    Mexico Loans Fundraising
  • $18,367,875
    Funds lent in using Kiva
  • 13.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Barrio Nuevo Group's $2,900 loan helped a member to buy corn, firewood, vegetables, meat, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2011
Listed
Dec 15, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012