El Durazno Group
Update on El Durazno GroupDomitila is 39 years old. She lives in a common-law relationship with her husband who works in the field. She has 1 older daughter who is already working.
She has her garden with blackberries and avocados. She is asking for a loan to buy compost and water for her plants.
She began her business 7 years ago. Her siblings told her to plant blackberry and avocado plants because their community gives them the fruit and also teaches them to plant and care for them.
Her business is important because is gives her income to eat and to buy other things for the house. She feels proud of having her own plants to care for, that lack nothing. Her business is popular because of the flavor of the fruit. She is planning to expand her business, planting more plants to have more fruit.
She is excited with the loan that is is going to receive. She is going to use it for compost in order to produce lots of fruit. Her dreams and hopes are to continue to progress with her business and her blackberry garden and to have good health to continue working.
The members of the group want to tell Kiva and Fundación Realidad, “thank you very much for the loans, thanks to you we can get ahead in our business and family.”
Note: The lady standing behind the woman in the white shawl is not a group member, but wanted her picture taken.
*La señora de pie que está atras de la señora del rebozo blanco no pertenece al grupo, pero de igual manera quería tomarse una fotografía**
Previous Loan DetailsThis supportive group called El Durazno is made up of Libia, who is going to use her loan to buy walnuts; Florinda, Araceli and Rosa, who will buy wool yarn to make shawls, overcoats, bags and scarves; Domitila, who will buy fertilizer and manure for her avocados, limes, squash and raspberries; and… More from El Durazno Group's previous loan »
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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.
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Success!! The loan was 100% repaid