Check out some available loans that are similar to this one!
Las Reynas Group
In this Group: Bertha Alicia, Irma, Karla Gabriela, Maria Esther, Rosa Isela, Sonia
A peculiar name for a group is "Las Reynas" (The Queens). They are enterprising neighbors who have given themselves this label to cheer each other on to get ahead.

Rosa Isela, one of the neighbors of the communal bank, approached the group and learned about the commitment and benefits it represented for each of its members. She sells snacks from her home and, with the idea of growing her business through investment, she asked "Las Reynas" to be included when the group planned to renew.

Rosy, as they call her, is convinced that she can introduce variety and merchandise into her business so her customer base grows daily.
View original language description ↓
Peculiar nombre para un grupo, Las Reynas. Vecinas emprendedoras que se hacen llamar así debido a que mutuamente se dan ánimos para salir adelante.
Rosa Isela, es vecina de ellas y sabia que formaban parte de un crédito grupal y se intereso y conoció del compromiso y beneficio que represento para cada una de sus integrantes. Ella se dedica a la venta de snack en su domicilio. Entonces con la idea de hacer crecer su negocio mediante la inversión, se acercó a las Reynas para que fuera incluida en la renovación del grupo.
Rosy, como le llaman, esta convencida de que podrá inyectar a su negocio variedad y mercancía para tener cada día más clientes.

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
  • 2
    View loans »
    Mexico Loans Fundraising
  • $17,777,925
    Funds lent in using Kiva
  • 13.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Reynas Group's $4,500 loan helped a member to buy products and goods for snacks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2012
Listed
May 30, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012