La Santa Cruz Group
Update on La Santa Cruz GroupMargarita is 35 years old and is married with 5 children who are studying in school. Luis, the oldest, is in the second year of high school, Tania is in the first year of high school, Miguel is in the second year of middle school, Lucero is in the fourth year of elementary school and Jesús is in the second year of elementary school. Her husband who is a farmer is named José Luis.
She is a merchant who sells groceries. She has a store which still has no name, in which she will invest her loan in the purchase of grocery products, such as: oils, cookies, milks, eggs, etc. She hopes that all goes very well with her loan and her business and as it is works very well she will be able to move it forward.
Margarita belongs to the group Santa Cruz which is named after the suburb where this group lives that is composed of 11 hard working women that will be listed below: Ma de Jesus, Sonia, Lorenza, Nicolasa, Ma Félix, Elizabeth, Obdulia, Saida, Tania, Luz Divina. All of them work on a commercial activity, such as: the sale of soft drinks, food, clothing, cheeses, perfumes, domestics, groceries, etc.
Ella es comerciante tiene la venta de abarrotes tiene una tienda la cual aun no tiene nombre, lo cual invertirá su préstamo en la compra de los productos de abarrotes como son: aceites, galletas, leches, huevos, etc. Ella espera que le vaya muy bien con su préstamo y su negocio ya que le esta funcionando muy bien lo sabido sacar adelante.
Margarita pertenece al grupo la santa cruz cuyo nombre es por la colonia Donde viven el grupo esta integrado por 11 mujeres muy trabajadoras a continuación serán mencionadas: Ma de Jesús, Sonia, Lorenza, Nicolasa, Ma Félix, Elizabeth, Obdulia, Saida, Tania, Luz Divina, Todas Realizan una actividad comercial como son: venta de refrescos, comida, ropa, quesos, perfumes, domésticos, abarrotes, etc.
*la señora Ma Felix no se alcanza a ver en la foto, por eso ha sido marcada como si no estuviera
Previous Loan DetailsObdulia, 63, is single and a meat merchant; she also sells tamales and pozole [corn-based soup]. She used her loan to buy ingredients needed to make tamales and pozole like corn, oil, vegetables, etc. Obdulia belongs to the “La Santa C.” group which consists of 10 women each with her own commer... More from La Santa Cruz 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