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La Capilla Group
In this Group: Antonia, Porfiria , Ángela , Reyna , Teresa , Petra, Victoria Isabel, Deasy
This communal bank is called La Capilla. Antonia and Petra are members who are going to use their loans to buy mangos, apples, tomatoes, and hot peppers.

Porfiria is going to buy perfumes, and Ángela is going to buy ironing boards and pots and pans. Reyna is going to buy fabric and thread, and Teresa is going to buy candy, caramel lollipops, “pelones” (a popular tamarind-flavored candy), and mangos. Victoria Isabel is going to buy shoes, and Deasy is going to buy cosmetics.

Deasy, age 20, is married and has a one year old son. She requested her loan to buy perfume, make-up, creams, deodorant, and lipstick, etc. She will do this because she is going to start a business of selling by catalog in order to get income for her future and to get her family ahead.

Deasy likes this business because she has the opportunity to meet a lot of people. Her hopes and dreams are to continue working and that it goes well for her in her business. She hopes and dreams of being able to build her house and give her son the best.

The members of the group want to give Kiva and Vision Fund (FRAC) the following message, “We are grateful for the loans. Thanks for having trust in us, we will not let you down. You are giving us the opportunity to grow our businesses and to live better with our families.”
View original language description ↓
Este grupo solidario se llama La Capilla, está conformado por las señoras Antonia y Petra quienes van a comprar con su préstamo mangos, manzanas, tomates, chiles y jitomates; la señora Porfiria va a comprar perfumes; la señora Ángela va a comprar baterías, ollas, burros para planchar; la señora Reyna va a comprar telas e hilos; la señora Teresa va a comprar dulces paletas de caramelo, pelones y mangos; la señora Victoria Isabel va a comprar zapatos; la señora Deasy va a comprar cosméticos. La joven Deasy tiene 20 años de edad, ella es casada y tiene un hijo varon de un año de edad. Solicitó su préstamo para comprar perfumes, maquillaje, cremas, desodorantes, labiales, etc. porque va a iniciar su negocio de ventas por catálogo para obtener ingresos para su futuro y salir adelante con su familia. A Deasy le gusta este negocio porque tiene la posibilidad de conocer mucha gente. Sus sueños y esperanzas son continuar trabajando y que le vaya bien en su negocio para poder hacer su casa y darle lo mejor a su hijo. Las integrantes del grupo quieren darle a Kiva y a Vision Fund (FRAC) el siguiente mensaje: “Les agradecemos sus préstamos, gracias por confiar en nosotras, no los vamos a defraudar. Nos dan la oportunidad de crecer los negocios y vivir mejor con la familia”.

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
  • 14
    View loans »
    Mexico Loans Fundraising
  • $17,728,850
    Funds lent in using Kiva
  • 14.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Capilla Group's $2,800 loan helped a member to buy perfume, make-up, creams, deodorant, lipstick, and nail polish.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 2, 2012