Check out some available loans that are similar to this one!
Va!lectic 2 Group
In this Group: Juana, Lorenza, Rosa, Catarina, Maria Elena
View original language description ↓
Doña Juanita, as she is known in her community, works in floriculture, growing roses, which are sold in San Cristobal. With the loan, she wants to buy fertilizers and insecticides to be able to grow good, pretty flowers and some day be able to export roses to many countries. She is 32 years old and has 3 children to whom she is teaching to take care of the flowers that for so long have sustained the whole family. The other members of the group are Lorena H. P. and Catarina G. H., who sell fruits and vegetables, and Rosa H. H. and Maria Elena H. H., who work in floriculture.

Translated from Spanish by Eliana Colunga, Kiva volunteer




DOÑA JUANITA COMO TODOS LAS CONOCEN EN SU COMUNIDAD SE DEDICA A LA FLORICULTURA, CULTIVA ROSAS, LAS CUALES SON VENDIDAS EN SAN CRISTOBAL, CON EL CREDITO QUIERE COMPRAR FERTILIZANTES E INSECTICIDAS PARA OPTENER FLORES BUENAS Y BONITAS, Y ALGUN DÍA PODER EXPORTAR ROSAS A MUCHOS PAISES, TIENE 32 AÑOS Y 3 HIJOS A LOS QUE LES ESTA ENSEÑANDO A CUIDAR LAS FLORES LAS CUALES POR MUCHO TIEMPO LES HAN DADO DE COMER A TODA LA FAMILIA, LAS OTRAS INTEGRANTES DEL GRUPO SON LORENA H. PÉREZ Y CATARINA G. H. SE DEDICAN A LA VENTA DE FRUTAS Y VERDURAS Y ROSA H. H. Y MARIA ELENA H. H. SE DEDICAN A LA FLORICULTURA.

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
  • $17,777,925
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Va!lectic 2 Group's $950 loan helped a member buy fertilizers and insecticides for the flowers.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 30, 2008
Listed
Mar 14, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2009