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Grupo Peñitas Group
In this Group: Elisa Coral , Enriqueta , Francisca , Maria De La Luz , Reyna Elizabeth, Yazmin
The Peñitas group is made up of six hard-working women. They decided to call the group "Peñitas" because that is the name of the area in which they live.

One group member, Enriqueta, whom they have affectionately nicknamed "Doña Queta," is a widow with a working daughter. She makes her living selling clothes and shoes in the city market. She started this business about eight years ago because she needed to move forward after having been widowed.

Doña Queta wants to stock more shoes and aspires to have a larger venue so as to secure her future after she retires.
View original language description ↓
EL grupo Peñitas se encuentra formado por seis mujeres trabajadoras, decidieron llamarse así porque es el nombre del área donde viven.
Dentro del grupo se encuentra Enriqueta, a la que cariñosamente apodan “Doña Queta”, viuda y con una hija que trabaja, se dedica a la venta de ropa y zapatos en un mercado de la ciudad. Hace ocho años aproximadamente inició este negocio porque necesitaba salir adelante ya que había enviudado.
Doña Queta quiere surtir más zapatos y aspira con poner un local más grande para asegurar su futuro cuando se retire.

Additional Information

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
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 12.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Peñitas Group's $2,275 loan helped a member to stock clothes and shoes in greater quantities in order to increase sales.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2012
Listed
Apr 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012