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Las Reynas Group
In this Group: Anita, Maria Azucena , Mercedes Deyanira, Olga Leticia , San Juanita, Yuri
Las Reynas is a community bank of six women who are on their fifth loan cycle with the institution. They have stood out as being a very good and united group, overcoming all the difficulties that they have faced during the time that they have been together.

Yuri is one of the members of this group. She is 30 years old and married. Her husband is a builder and whenever she has had any difficulties getting enough money together to make her repayments, he has supported her so that she doesn't have any problems. Yuri and her husband have three children who are 10, 7 and 2 years old. Their two older children attend elementary school whilst their youngest will start Kindergarten next year.

Two years ago, Yuri decided to start selling tamales in order to support her husband with their household expenses. She sells her delicious tamales to order, to friends and neighbors. She requested this loan to buy the ingredients she needed to make tamales in order to fill some orders that she had. She hopes to continue selling tamales and, some day, to have a small stall in one of the local markets.
View original language description ↓
Las Reynas son un grupo solidario integrado por 6 mujeres que está cumpliendo con su quinto ciclo en esta institución. Ellas se han distinguido por ser un grupo muy bueno y unido durante este tiempo superando todas las adversidades que se les han presentado en el tiempo que han estado juntas.
Yuri es una de las mujeres del grupo. Ella tiene 30 años y está casada. Su esposo, es albañil y cuando a ella se le ha dificultado juntar el dinero para dar el pago él la apoya para que no tenga problemas. Yuri junto con su esposo tiene tres hijos de 10, 7 y 2 años. Los dos hijos más grandes estudian la primaria mientras que el más chico el próximo año va a entrar al kínder.
Yuri hace dos años decidió comenzar a vender tamales para apoyar a su esposo con los gastos en su hogar. Yuri vende sus ricos tamales por medio de pedidos a sus vecinas y amigas. De hecho, ella pidió este crédito para comprar los ingredientes para poder hacer unos tamales para completar unos pedidos que tenía. Ella espera seguir vendiendo tamales y algún día buscar tener un pequeño puesto en algún lugar alguno de los mercados locales.

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

  • $15,600
    Average annual income
  • 29
    View loans »
    Mexico Loans Fundraising
  • $19,068,050
    Funds lent in using Kiva
  • 13.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Reynas Group's $3,200 loan helped a member to make tamales to fill some orders.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2012
Listed
Jun 25, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012