Check out some available loans that are similar to this one!
Las Malinches Group
In this Group: Adelaida , Raquel , Genoveva, Anastacia , Cirina

Update on Las Malinches Group

The new members of the group are Anastacia and Cirina. With their loan they are going to buy avocados, peaches, plums, and pears.

Cirina, 31, is married and has three daughters. Two are studying in elementary school and the other one is little. She sells seasonal fruit. She requested her loan to buy avocados, peaches, and pears.

She began her business three years ago with some savings she had. Her husband taught her to work selling seasonal fruit. She buys the fruit in the plaza and resells it in other plazas. Her business is important because she likes to sell fruit and she has her own business, which gives her income for her daughters' expenses.

Her business is popular for the quality, flavor, and freshness of her fruit. This business helps her to improve her family financially. Her dreams and hopes are to have more sales and for her daughters to like to work and to be good people.

The members of the group want to tell Kiva and Fundación Realidad, "Thank you very much for your loans. They help us to keep on working in our businesses. Continue supporting us with your loans."
View original language description ↓
Las nuevas integrantes del grupo son la señora Anastacia y Cirina van a comprar con su prestamo aguacate, durazno, ciruela y peras. La señora Cirina tiene 31 años de edad, ella es casada, ella tiene 3 hijas mujeres 2 están estudiando la primaria y la otra esta pequeña, ella vende fruta de temporada, ella solicito su préstamo para comprar aguacate, durazno y peras, ella inicio su negocio hace 3 años con unos ahorros que tenia, su esposo le enseño a trabajar en la venta de fruta de temporada, ella compra las frutas en la plaza y lo revende en otras plazas, su negocio es importante porque le gusta vender fruta y tiene su propio negocio que le da ingresos para los gastos de sus hijas, su negocio es popular por la calidad, sabor y frescura de la fruta,. Este negocio le ayuda a mejorar económicamente a su familia. Sus sueños y esperanzas son tener más ventas y que a sus hijas les guste trabajar y sean personas de bien. Las integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “muchas gracias por sus préstamos nos ayudan a seguir trabajando en los negocios y que nos sigan favoreciendo con sus préstamos”.

Previous Loan Details

This closely-knit group is called "Las Malinches" and is made up of Ms. Adelaida and Ms. Raquel who are going to use their loan to purchase sugar, eggs, drinks, cookies, cheese, oil, soap, rice and beans; Ms. Genoveva who will buy avocados by the box; Ms. Anastacia who will buy avocados, peaches ... More from Las Malinches Group's previous loan »

Additional Information

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.

About Mexico

  • $15,600
    Average annual income
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,755,700
    Funds lent in using Kiva
  • 13.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Malinches Group's $1,600 loan helped a member to buy avocados, peaches, plums, and pears.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 30, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 31, 2012