Check out some available loans that are similar to this one!
Las Babys Group
In this Group: Alma Josefina, Gloria Elizabeth, Graciela, Maria, Olga Patricia , Socorro
The Credituyo solidarity group, Grupos Las Babys, has six members whose names are Alma, Gloria, Graciela, Maria, Olga, and Socorro. They have been friends and neighbors for more than ten years.

Maria is one of the members. She is 28 years old and lives in a common-law-marriage with the partner. They have two children who are 2 and 8 years old. They are her main motivation in life, and she works hard so that her children have everything they need.

Maria has a grocery store and on weekends, she sells tamales to her friends and neighbors. Maria plans to use this loan to purchase merchandise for her store so that it will be very well stocked. In the future, Maria would like to expand her business and have the largest store in her district.
View original language description ↓
GRUPO LAS BABYS ES UN GRUPO SOLIDARIO, DE CREDITUYO SON 6 INTEGRANTES SUS NOMBRES SON.
ALMA,GLORIA,GRACIELA,MARIA,OLGA,Y SOCORRO ELLAS SON AMIGAS Y VECINAS DESDE HACE MAS DE 10 AÑOS.
MARIA ES UNA DE LAS INTEGRANTES TIENE 28 AÑOS DE EDAD, VIVE EN UNION LIBRE CON SU PAREJA,Y TIENEN 2 HIJOS DE 8 Y 2 AÑOS ELLOS SON EL MOTOR DE SU VIDA, POR ESO TRABAJA PARA QUE A SUS HIJOS NO LES FALTE NADA.
MARIA TIENE UN NEGOCIO DE VENTA DE ABARROTES, Y LOS FINES DE SEMANA VENDE TAMALES ENTRES SUS VECINAS Y AMIGAS.
MARIA PIENSA UTILIZAR SU CREDITO, EN SURTIR MAS MERCANCIA PARA SU TIENDA Y ASI TENER MUY BIEN SURTIDO SU NEGOCIO.
A MARIA EN UN FUTURO LE GUSTARIA AMPLIAR SU NEGOCIO LLEGAR A TENER LA TIENDA MAS GRANDE DE SU COLONIA.

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
  • 38
    View loans »
    Mexico Loans Fundraising
  • $19,116,675
    Funds lent in using Kiva
  • 13.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Babys Group's $1,775 loan helped a member to stock more merchandise for her grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Jul 22, 2012
Currency Exchange Loss:
Possible
Ended:
May 6, 2013