El Pinito Group
Update on El Pinito GroupSanta Catalina is 33 years old. She is married and has two children who are in school. Cesar Iván is in his first year of high school and Yareli is in his first year of secondary education. Her husband is a police officer.
Santa Catalina sells sweet potatoes and sweet treats outside her home. She will invest her loan in buying sweet treats, juice, Sabritas, soft drinks and sweet potatoes. She hopes that her loan will work out as she says that her business is doing very well and she would like to expand it a little.
Santa Catalina is a member of 'El Pinito' group which is made up of 11 people (9 women and 2 men) who are all committed to their work. The other members are Juana, Prisciliana, Tobía, Julgencia, Irma, Rogaciana, Margarito, Bernardita, Irenia and Epifanía. They all work in sales activities including selling sweet treats, clothes, tamales, bread, sweet potatoes, groceries, soft drinks, etc.
Ella se dedica al comercio vende camote y dulces fuera de su casa el cual invertirá su préstamo en la compra de dulces, jugos, sabritas, refrescos, y camote, santa catalina espera que su préstamo le funcione ya que dice que le va muy bien con el negocio, ya que le gustaría hacer el negocio un poco mas grande.
Santa catalina pertenece al grupo el pinito el cual esta integrado por 11 personas 9 mujeres y dos hombres los cuales todos son personas comprometidas con el trabajo a continuación serán mencionados: Juana, Prisciliana, Tobía, Julgencia, Irma, Rogaciana, Margarito, Bernardita, Irenia, Epifanía, todas trabajan con actividades comerciales como son: venta dulces, ropa, tamales, pan, camotes, productos de abarrotes, refrescos, etc.
Previous Loan DetailsJulgencia is 36 years old, married and has 6 children who study except for the eldest, Fernando. Suriel is in her 3rd year of high school, Jessica in her 1st year of high school, Jazmin in 2nd grade, Maritza in preschool whilst Jotzamara is only 2 years old. Her husband, Tobia, is a farmer. Sh... More from El Pinito 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