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Flor De Liz 3 Group
In this Group: Teresa De Jesus, Teresa De Jesus, Josefa Mariela
View original language description ↓
The support group named Flor de Liz is made up of three women: Teresa de Jesus M. (grocery business), Josefa Mariela (grocery business), and Mrs. Teresa de Jesus Mendes D.. Mrs. D. is 57 years old and has 10 children. She began a bread business two years ago in her home. She offers delicious, warm breads to the general public every day of the week. These women are hard working and wish overcome adversity in order to offer their families a higher quality of life.

Translated from Spanish by Geoff Rubin, Kiva volunteer




EL GRUPO SOLIDARIO LLAMADO FLOR DE LIZ 3 ESTA FORMADO POR TERESA DE JESUS M. (TIENDA DE ABARROTES), JOSEFA MARIELA (TIENDA DE ABARROTES) Y DOÑA TERESA DE JESUS MENDES D. 1° TIENE 57 AÑOS Y TUVO DIEZ HIJOS. INICO EL NEGOCIO DE PANADERIA DESDE HACE DOS AÑOS EN SU CASA, OFRECE AL PUBLICO EN GENERAL PANES DELICIOSOS Y CALIENTITOS TODOS LOS DIAS. ELLAS SON MUJERES EMPRENDEDORAS Y TRABAJADORAS QUE QUIEREN SOBRESALIR PARA OFRECER A SU FAMILIA UNA MEJOR CALIDAD VIDA.

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
  • 1
    View loans »
    Mexico Loans Fundraising
  • $17,777,925
    Funds lent in using Kiva
  • 10.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Liz 3 Group's $1,050 loan helped a member to purchase flour and eggs to make bread.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 26, 2008
Listed
Apr 12, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2008