Check out some available loans that are similar to this one!
Los Encinos Group
In this Group: Eulalia, Maria Del Carmen, Maria Luisa, Maria, Alicia Dolores, María Angélica, Lorena, Antolina, Ricarda*, Adela
* not pictured

Update on Los Encinos Group

Luisa is 43 years old and says that she is part of the Los Encinos group; they have this name because where they live there are many encino trees. She is originally from Barranca a place that is full of vegetation and the main work activity is breeding and selling lambs, turkeys, cows and harvesting avocadoes. Luisa says that she did not have the means to get an education since her parents did not have enough money to send her to a school since it was too far away and did not have enough for transportation. She has worked for over 10 years breeding lambs, turkeys and chickens, she also has a small avocado orchard that she tends to and sells the fruit during the harvest season. Luisa says that she needs a loan to buy small turkeys and feed; she says that she breeds them all year long and when they are big sells them in her home or at a nearby central market. Luisa sells more turkeys during December for the end of year celebrations and in July when school is out.

The other nine people in the communal bank are named Eulalia, María del Carmen, María, Alicia Dolores, María Angélica, Lorena, Antolina, Ricarda and Adela. They will use their loans to buy feed and vaccines to fatten up the lambs, buy lambs, feed for pigs, and buy pigs.

View original language description ↓
Luisa tiene 43 años de edad y comenta que es parte del grupo Los Encinos, dice que le pusieron ese nombre al grupo porque donde viven hay muchos árboles de encino y es por eso que le pusieron ese nombre al grupo. Platica que es originaria de la localidad llamada la Barranca, un lugar lleno de vegetación y donde la principal actividad económica de las personas de esa localidad es la cría y venta de borregos, guajolotes, vacas y al cultivo de aguacate. Platica algo de su vida personal dice que ella no tubo los medios para estudiar ya que sus padres no tenían el dinero suficiente para mandarla a una escuela ya que quedaba muy lejos y no le alcanzaba para los pasajes. Ella se dedica desde hace mas de 10 años a la cría de borregos, guajolotes y gallinas, también tiene en su casa una pequeña huerta de aguacates los cuales los cultiva y vende en temporada de cosecha. Dice que en esta ocasión está pidiendo un crédito a la financiera para la compra de guajolotes pequeños y alimento para estos, comenta que los guajolotes los cría todo el año y cuando ya están grandes los vende en su localidad o en la central de abastos de una población cercana a la de ella, dice que más que nada los vende en el mes de diciembre en las fiestas de fin de año es cuando más ventas tiene de este tipo de animales y también en el mes de julio cuando son las clausuras de las escuelas.

Las otras nueve personas se llaman Eulalia, MarIa del Carmen, MarIa, Alicia Dolores, María Angélica, Lorena, Antolina, Ricarda y Adela. Ellas invertirán sus créditos en alimento y vacunas para engorda de borregos que venden, compra de borregos, alimento para puercos, compra de puercos.

Previous Loan Details

Maria is originally from an area called La Barranca, a beautiful place with spectacular landscapes. She’s part of a group called El Encinal and she tells us that the members decided to name it that way because there are many oak trees (Encino in Spanish) in the place when they hold their meeting... More from Los Encinos 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

  • $11,249
    Average annual income
  • 22
    View loans »
    Mexico Loans Fundraising
  • $17,870,375
    Funds lent in using Kiva
  • 14.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Encinos Group's $3,525 loan helped a member buy small turkeys and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012