Los Mangos Group
Update on Los Mangos GroupLos Mangos Group is comprised of nine happy, hard-working women who are engaged in various business activities. They are all from a small town called “Los Tres Ríos” (The Three Rivers) or better known as the “La Nueva Esperanza” (The New Hope). It is a beautiful place where there are many trees and a main river that is divided into three large rivers. The community celebrates El Día de Muertos” (The Day of the Dead), a tradition where people honor the dead with offerings and the children go out with their baskets asking for offerings.
One of the members of this group is Señora Fortunata Teresa. She is 43 years old. She provides the services of her mill, where she grinds corn. She has also been growing chili peppers for the past seven years. Doña Fortunata, as she is better known by her companions in the group, tells us that her customers come to grind corn in the mornings and the evenings because she only grinds twice a day.
What she likes most about her mill business is grinding the corn for her customers and giving them good service, and what she likes most about growing the chili peppers is planting and harvesting. One of the things that prevent her from continuing her mill business is that sometimes the mill doesn’t want to grind the corn and her customers despair because the mill is a little old.
Doña Fortunata is requesting the loan to purchase more liquid fertilizer for planting and to purchase stones for her mill. She is happily married to Señor Seferino who is 50 years old. They have two children, Rufino and Florinda, who they love very much. She thanks the foundation for supporting her so that her business grows more each day enabling them to have a better life.
The other members of the group are as follows:
Carmela who sells chickens
Minerva who sells handicrafts
Ausencia who sells fruit
Anayeli who sells snacks
Alejandrina Paula who sells cheese
Mónica who provides hair styling services
Liliana who sells groceries
Romana who sells bread
They are thankful to the foundation for helping them improve their lives and so enabling them to provide their children with a better life.
Todas son originarias de un pequeño pueblo llamado los tres ríos o mejor conocido como la nueva esperanza es un lugar hermosos donde hay muchos árboles y esta un rió que se divide en tres ríos grandes.
Una de las tradiciones de la comunidad es que celebran el día de muertos ponen sus ofrendas y ya los niños van con sus canastas a pedir ofrendas.
Una de las integrantes de este grupo es la señora Fortunata Teresa de cuarenta y tres años de edad se dedica a la dar servicios de su molino donde muele la nixtamal también se dedica a la siembra de chiles desde hace siete años.
Doña Fortunata como mejor la conocen sus compañeras de grupo nos dice que en las mañanas viene sus clientas a moler y en las tardes también ya que solamente muele dos veces al día.
Lo que mas le gusta su negocio del molino es molerles el nixtamal a sus clientas y darles una buena atención y lo que mas le gusta de la siembra de chile es sembrarlos y cosecharlo.
Una de las cosas que le impiden seguir con su negocio del molino es que en ocasiones el molino no quiere moler el nixtamal y sus clientas se desesperan ya que el molino esta un poquito viejo.
Doña Fortunata pidió el préstamo para la compra de más líquidos para las siembras y compra de piedras para su molino.
Doña Fortunata esta felizmente casada con el señor Seferino de cincuenta años de edad con quien tiene dos hijos Rufino y Florinda a quienes quiere mucho.
Le da las gracias a fundacion por apoyarla para que su negocio crezca cada día más y puedan tener una mejor vida.
Las otras integrantes del grupo son:
Carmela- quien se dedica a la venta de pollos.
Minerva- se dedica a la venta de manualidades.
Ausencia- se dedica a la venta de frutas.
Anayeli – se dedica a la venta de antojitos.
Alejandrina Paula - se dedica a la venta de queso.
Mónica- se dedica a brindar servicios de estilista.
Liliana – se dedica a la venta de mercancía de abarrotes.
Romana- se dedica a la venta de pan.
Le dan las gracias a fundacion por ayudarle a que su vida mejore y así puedan darles una mejor vida a sus hijos.
Previous Loan DetailsThis group is comprised of 11 indigenous women who devote themselves to different business activities. They formed this group because they are neighbors from the same place. The group is called Los Mangos. Its members decided to give it this name because the place that they meet together is at... More from Los Mangos 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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