Doña Adela is the group representative. She is 50 years old and a single mother with three dependent children. Doña Adela raises and sells animals such as chickens, turkeys, ducks, pigs, and sheep. This time she is requesting a loan to buy four pigs and lumber so that she can repair her pig sty that has a roof that leaks when it rains. She also acquired four heads of sheep and hay for them to feed on, so she will also use her loan to pay for them since they were purchased on credit. Doña Adela is in this business because it is customary for people in her town to raise animals. This business also gives her a way of helping her children get ahead. She learned how to take care of animals from her mother. For Doña Adela, the best part is being able to consume the animals she raises because they do not have as much fat as those sold at the markets.
One of Doña Adela's greatest challenges is dealing with situations when her animals get sick. If the animals die, she loses revenue and her investment capital. In addition, the cost of veterinary care and medicines for her animals is very expensive. One of Doña Adela's goals is to see her children finish their education and find a job in their field of study. She is very pleased because her son, José Luis, recently finished his degree in Education. Doña Adela is extremely grateful for this loan because it will allow her to cover the household expenses and pay for her children's education. Thanks to her previous loans, she was able to open a small stand where she could sell pork rinds and sweets. The profits were used to pay for the expenses of her youngest son, Mario Alberto, who is studying in the fourth grade.
Doña Adela and the rest of her group are very grateful to FRAC and Kiva for the loan that has been granted. Each of them will buy animals. Yolanda, Martha Patricia, Laura, Agripina, and Magdalena will buy chickens. María Luisa and Lourdes will buy sheep.
Unos de los retos más grandes que presenta doña Adela es cuando sus animes enferman y mueren porque es pérdida de ganancias e inversión también porque gasta mucho en el veterinaria y medicamento para sus animales.
Una de las metas de doña Adela es que sus hijos terminen de estudiar y trabajen en lo que están estudiando, ella está muy contenta porque su hijo José Luis pronto terminara su Licenciatura en Educación, doña Adela está muy agradecida con el crédito ya que gracias el ha podido solventar los gastos del hogar y para la educación de sus hijos, también porque gracias al crédito ha podido poner un puestito pequeño de chicharrones y dulces y de las ganancias que saca de este negocio es para los gastos de su hijo más pequeño Mario Alberto que se encuentra estudiando en cuarto grado de primaria, doña Adela y el resto del grupo están muy agradecidas con FRAC y KIVA por el crédito otorgado ya que cada una de ellas podrán compraran sus animales, Yolanda, Martha Patricia, Laura, Agripina, Magdalena compraran pollos, María Luisa y Lourdes compraran borregos.
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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Success!! The loan was 100% repaid