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Los Mangos Group
In this Group: Carmela , Minerva , Erica , Fortunata Teresa, Ausencia , Teresa , Anayeli, Elsa Maribel , Hortencia *, Edith
* not pictured

Update on Los Mangos Group

This group is called The Mangos and has ten members who are all working women who want to get ahead and offer their families a better life.

The members of this group tell us their lives are improving thanks to the help that the foundation has given them, honestly, because their business are growing every day.

One of the members is Elsa Maribel who is 36 years old. She is a humble working woman who has been selling clothing for the last three years. She tells us that thanks to the help of God she could succeed in business and that it left her with good profits. Doña Mari, as she is called by the members of the group, is happily married to Miguel, a worker who grows corn and sesame. She asked for a loan to buy more clothing for children and ladies and has orders for school uniforms.

The other members of the group are:

Carmela who is dedicated to the sale of Mexican snacks
Minerva who is dedicated to the sale of handicrafts
Erica who is dedicated to the sale of desserts
Fortunata Teresa who is dedicated to the sale of flour, corn and tortillas
Ausencia who is dedicated to the sale of construction materials
Edith who is dedicated to the sale of clothing
Teresa who is dedicated to the sale of desserts
Anayeli who is dedicated to the sale of clothing
Hortencia who is dedicated to the sale of fish

They give thanks to the foundation for all the help that they have given so they can continue in their businesses and triumph in life and expand employment in their towns.
View original language description ↓
Este grupo se llama los mangos esta conformado por diez integrantes todas mujeres trabajadoras con ganas de salir adelante y ofrecerles una mejor vida a sus familias.
Las integrantes de este grupo nos cuenta que sus vidas van mejorando gracias al apoyo que les ha dado fundación realidad ya que sus negocios crecen cada día mas.
Una de las integrantes es la señora Elsa Maribel de treinta seis años de edad una señora trabajadora y humilde que se dedica a la venta de ropa desde hace tres años, ella nos cuenta que gracias al apoyo de dios a podido salir adelante con su negocio ya que le deja buenas ganancias.
Doña Mari como mejor la conocen sus compañeras de grupo esta felizmente casada con la señor Miguel un señor trabajador quien se dedica a la siembra de maíz y ajonjolí.
Ella pidió el préstamo para la compra de mas ropa para la venta de niños y de dama y hacer pedidos de uniformes escolares.
Las otras integrantes del grupo son:
Carmela – quien se dedica a la venta de antojitos mexicanos.
Minerva- quien se dedica a la venta de manualidades.
Erica – quien se dedica a la venta de postres.
Fortunata Teresa- quien se dedica a la venta de masa,nixtamal y tortillas.
Ausencia- quien se dedica a la venta de materiales para la construccion.
Edith- quien se dedica a la venta ropa.
Teresa- quien se dedica a la venta de postres.
Anayeli- quien se dedica a la venta de ropa.
Hortencia- quien se dedica a la venta de pescado.

Le dan las gracias a fundación por todo el apoyo que le han dado para seguir con sus negocios y triunfar en la vida y aumentar empleos en sus localidades.

Previous Loan Details

This group is comprised of 11 indigenous women who devote themselves to different business activities. They formed this group because they are neighbors from the same place. The group is called Los Mangos. Its members decided to give it this name because the place that they meet together is at... More from Los Mangos Group's previous loan »

Additional Information

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.

About Mexico

  • $11,249
    Average annual income
  • 8
    View loans »
    Mexico Loans Fundraising
  • $18,125,250
    Funds lent in using Kiva
  • 13.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Mangos Group's $1,975 loan helped a member to buy clothing to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2011
Listed
Jan 16, 2012
Currency Exchange Loss:
Possible
Ended:
May 15, 2012