Las Margaritas Group
Update on Las Margaritas GroupMaria is 65 years old. She is married and has four children but only two are studying. Pedro is in high school and Deni Saldair is in secondary school. Hugo Alberto finished high school and Julia is 30 but is a nurse and is still with Maria because she takes care of her husband, Lazaro, who is a peasant.
She is dedicated to selling food in the market of her town. She has been selling for almost all of her life. She says that when she married she began to sell food. She got her children ahead with this business and she says it's going well when she runs out of food and she will invest her loan in the purchase of the ingredients that she uses for her food such as vegetables, meat, chicken etc. The ingredients vary since she makes various dishes.
Maria belongs to the "Margaritas" group which is made up of 12 people who all are hard-working women. They are: Adelfa, Alba, Rosa, Marcela, Obdulia, Victoria, Norberta, Maria del Carmen, Aurora, Agustina, Silveria. All of them perform sales work such as selling groceries, food, chicken, clothing, fruit and vegetables, laundry, perfumes, fish, bread, etc.
Ella se dedica al comercio de comida en el mercado del pueblo lleva vendiendo casi toda su vida ella dice que desde que se caso empezó a vender comida saco adelante a sus hijos con ese negocio y es que dice que le va muy bien termina toda su comida le va muy bien e invertirá su préstamo en la compra de los insumos que utiliza para la comida como son: verduras, carne, pollo, etc. Los insumos varean ya que hace varios platillos.
Maria pertenece al grupo las margaritas el cual esta integrado por 12 personas las cuales todas son mujeres trabajadoras a continuación serán mencionadas: adelfa, alba, rosa, Marcela, Obdulia, Victoria, Norberta, Maria del Carmen, Aurora, Agustina, Silveria, todas realizan actividades comerciales como son: abarrotes, comida, pollos, ropa, frutas y verduras, lavandería, perfumes, pescados, pan etc.
Previous Loan DetailsAdelfa is 40 years old, married, and has 6 children, 4 of whom are in school. Mónica is in 5th graD., Víctor is in 4th graD., Citlali is in 3rd graD., Alexis is in the 3rd year of preschool, and Rumel is only 2 years old. She also has a 1-month old baby who has not yet been named. Her husband ... More from Las Margaritas 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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