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Balcones Group
In this Group: Dora Celia, Gloria*, Lidia, Ma Petra, Martha, Rosalba
* not pictured
The solidarity group 'Balcones' has 6 members, whose names are Martha, Dora, Ma Petra, Lidia, Gloria and Rosalba. They have been neighbors and friends for almost 10 years. They are very hard working women and all have a dream of having their own established business. Most of them sell footwear and meals.

Dore is one of the members. She is 40 years old and married with one daughter, aged 16. Dora sells hamburgers and hot dogs at the weekends from her doorway, and she also sells meals. She will use her loan to purchase a cart for selling hot dogs, so she can reach a wider market. Dora's dream is to own several hot dog carts and employ people in various parts of the city. She aims to have a better life and be able to pay her daughter's college fees without any problems.
View original language description ↓
EL GRUPO BALCONES ES UN GRUPO SOLIDARIO DE CREDITUYO ,ESTA INTEGRADO POR 6 PERSONAS, SUS NOMBRES SON MARTHA DORA MA PETRA ,LIDIA GLORIA Y ROSALBA ELLAS SON VECINAS Y AMIGAS DESDE HACE CASI 10 AÑOS, ELLAS SON MUY TRABAJADORAS YA QUE TODAS TIENEN SUEÑOS DE LLEGAR A TENER UN NEGOCIO ,BIEN ESTABLECIDO YA QUE LA MAYORIA DE ELLAS SE DEDICAN ALA VENTA DE CALZADO Y COMIDAS.
DORA ES UNA DE LAS INTEGRANTES DEL GRUPO,ELLA ES CASADA TIENE 40AÑOS DE EDAD TIENE SOLO UNA HIJA DE 16 AÑOS ELLA SE DEDICA ALA VENTA DE HAMURGUESAS ,Y HOTDOGS VENDE LOS FINES DE SEMANA EN SU DOMICILIO ,TAMBIEN SE DEDICA ALA VENTA DE BANQUETES. SU CREDITO LO PIENSA UTILIZAR EN LA COMPRA DE UN CARRITO PARA HOT DOGS, Y ASI ABARCAR MAS MERCADO. EL SUEÑO DE DORA ES LLEGAR A TENER VARIOS CARRITOS ,PARA LA VENTA DE HOT DOGS Y TENER EMPLEADOS QUE LOS ATIENDAN EN VARIOS PUNTOS DE LA CIUDAD. PAR PODER TENER UNA VIDA MEJOR Y PODER PAGAR LOS ESTUDIOS UNIVERSITARIOS DE SU HIJA SIN NINGUN PROBLEMA

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
  • 23
    View loans »
    Mexico Loans Fundraising
  • $17,870,375
    Funds lent in using Kiva
  • 13.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Balcones Group's $5,200 loan helped a member to purchase a hot dog cart.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2012
Listed
Jun 24, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012