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Las Algas Marina Group
In this Group: Veronica, Edelmira, Maria Del Mar, Ma Felix, Antonia , Eva , Georgina , Cipriana, Elideth
Elideth, 33, is married and has three children currently attending school. Bulmaro is in high school, Isela is in 8th grade and Antonio is in 7th grade. Her husband's name is Bulmaro and he’s a farmer.

She has a food stand where she sells breakfasts and various dishes. She says she does very well in the business. She hopes with this help that business will grow more. She will use the loan to buy ingredients she uses to prepare the food and breakfasts like: fruit, vegetables, bread, meat, ham, eggs, chorizo, etc. Elideth is very grateful for the support provided and she trusts in God that everything will turn out well.

Elideth belongs to a group called “Algas Marinas” (Marine Algae) and this name was chosen because all the members live in a town that has a large, very beautiful rocky beach. The group consists of 9 hardworking women each with her own business which will be mentioned next: Verónica sells clothes, Edelmira sells food, María del Mar sells fast food snacks, María Félix sells food and clothes, Antonia sells groceries, Eva sells cheese and clothes, Georgina sells food and Cipriana sells food.
View original language description ↓
Elideth cuenta 33 años de edad es casada, tiene 3 hijos los cuales están estudiando bulmaro estudia el bachiller, isela esta en 2° de secundaria y Antonio esta en 1° de secundaria, su esposo se llama bulmaro es campesino.

Ella tiene un puesto de comida donde vende desayunos y variedades de platillos dice que le va muy bien en el negocio, con esta ayuda espera que el negocio incremente más, e invertirá su préstamo en la compra de los insumos que utiliza para elabora la comida y desayunos como son: frutas, verduras, pan, carne, jamón, huevos, chorizo, etc. Elideth esta muy agradecida con el apoyo brindado ella espera en dios que todo salga bien.

Elideth pertenece a un grupo llamado algas marinas cuyo nombre fue puesto porque todas las integrantes viven en un poblado donde esta una playa grande muy linda con rocas, el grupo esta integrado por 9 mujeres trabajadoras las cuales todas cuenta con un negocio a continuación serán mencionadas: Verónica tiene venta de ropa, Edelmira venta de comida, Maria del Mar comida antojitos, Ma Felix comida y ropa, Antonia productos de abarrotes, Eva quesos y ropa, Georgina venta de comida, Cipriana venta de comida.


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

  • $15,600
    Average annual income
  • 14
    View loans »
    Mexico Loans Fundraising
  • $18,792,925
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Algas Marina Group's $4,150 loan helped a member to buy fruit, vegetables, bread, meat, ham, eggs, chorizo, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012