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El Cerrito Group
In this Group: Francisca , Natalia , Victorina, Alfredo, Marcela , Leticia *, Tomasa
* not pictured
The "El cerrito" group is located in a very small community where transportation is very limited. The group is located at the top of a hill (cerrito). The members of the group mention that in the past, it was a plain but it has converted into a little hill. Francisca is 64 years old. She is married to Francisco. They do not have any dependents. Francisca raises and sells animals. This time, she has requested a loan in order to purchase three sheep and feed since she has to purchase it every month.
She says that she always liked to take care of animals. Taking care of them in this way lets the animals grow big and strong. She learned these skills from her mother. The biggest challenge that Francisca faces is during the drought since she cannot feed her animals. For this reason, Francisca only has three sheep at her house. There are five at her daughter’s house. There are no fresh pastures where Francisca lives. There are a few where her daughter lives. Her grandson also takes them out to the pastures in the afternoon. Francisca is very grateful because thanks to the loan, she will be able to purchase pasture land. In addition to the land, she can start her small candy shop. Since the start of the loan, she has been saving all of her earnings. With these, she can put money into the shop. Francisca’s goals are to improve her quality of life and to not be so preoccupied about money when she or her husband gets sick and they don’t have money to pay medication expenses. While Francisca will invest in the sheep, Alfredo, Natila, Marcela, Victoria Leticia and Tomasa also will invest in sheep. In general, all the members are very grateful for the granted loan since they can now purchase their little animals.
View original language description ↓
El grupo "El cerrito" esta en un lugar muy pequeño donde el trasporte es muy escaso el grupo se encuantra en lo alto de un cerrito es por eso que asi le pusieron al grupo, comentan los integrantes del grupo que antes ahora era un llanito pero ahoara se ha convertido en un cerrito pequeño, Doña Fransica quien nos otorgo la entrevista tiene 64 años de edad esta casada con el señor Francisco ya no tienen dependientes, doña Francisca se dedica a la crianaza y venta de animales esta vez ha solicitado el credito para comprar 3 borregos pastura y zacate ya que cada mes tiene que comprar. Ella nos comenta que siempre le ha gustado cidarlos, atenderlos ya que de esta manera son como crecen grandes y fuertes esta activiada la aprendio de su mama, el reto mas grande que presenta doña Francisca es en le tiempo de sequia ya que no tiene que darle de comer a sus animales es por esta causa que doña francisca solo en casa tiene 3 y en casa de su hija tiene 5 porque donde vive doña Francisca no hay pasto fresco y en la casa de su hija hay un poco ya demas porque su nieto saca a pastarlos un rato por las tardes, Doña francisca esta muy agradecida ya que gracias al credito podra comprra la pastura que tanta falta le hace, ademas de la pastura que podra comprar esta vez comprara tambien ha podido emprender una pequeña tienda de dulces en su casa desde que inicio el credito ha estado ahorrando todas sus ganacias y fue asi como pudo poner su negocio. La meta de doña Francisca es mejorar su caliadad de vida y no estar tan preocupados por dinero ya que cuando se enferma ella o su esposo no tienen dinero para solventar los gastos para medicamentos, mientras que doña Francisca podra invertir en los borrego, don Alfredo, Doña Natlia, doña Marcela, doña Victoria, doña Leticia, Doña Tomasa tambien invertiran en borregos, todos en general estan muy agradecidos por el credito otorgado ya que podran comprar sus animalitos.

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
  • 16
    View loans »
    Mexico Loans Fundraising
  • $18,557,900
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Cerrito Group's $2,450 loan helped a member purchase sheep and pastures.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2012
Listed
May 6, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 28, 2012