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El Manguito Group
In this Group: Maxima , Maria Del Rosario, Lucila

Update on El Manguito Group

This is the El Manguito group. It is called this because there is a mango tree in front of the house of the representative. They noticed this and used it for the name of the group. Maxima is a member of the group. The other members, Lucila and Maria del Rosario, both live in a place called General Sandino.
Lucila was interviewed this time. She is a housewife. She is married to Rosendo, and they have three daughters who are her responsibility. They are in elementary school and high school.

She devotes herself to her business activity in order to support her husband, whom she married very young. She works to be able to get income for her household. Her parents did not support them with anything to start their married life.

That is why they decided to start working with coffee, corn, and bean crops. She thanks God that the crops went well for them. Years later her father decided to support her, and he gave them a little money, which they invested in raising pigs to later sell live.

What she wishes from her business activity is to continue working on her land harvesting corn and beans. She wants this in order to save the income she will be getting and to support her children who are in school. She wants them to make something of themselves.
View original language description ↓

Este grupo se identifica como El Manguito ya que enfrente de la casa de la representante hay un arbolito de mango, en eso se fijaron para ponerle un nombre su grupo en la que se integra la señora Maxima ,Lucila y Maria del Rosario ambas vive en un lugar llamado general Sandino .

Quien se entrevisto esta vez es la señora Lucila ella es ama de casa, está casada con el señor Rosendo y con quien procreo tres hijas que estaña su responsabilidad y están en primaria y secundaria.

Ella se dedica su actividad para apoyar a su esposo con quien se caso muy joven para sí poder obtener ingresos para su hogar ya que sus padres no los apoyaban con nada para iniciar su vida de casados es por eso que decidieron comenzar a trabajar, con cosecha de café, maíz y frijol en la que da gracias a dios que les fue bien, años después su papa decidió apoyarlo y les dio unos centavos en la que invirtieron en la crianza de marranos para luego venderlo en pie.

Lo que desea de su actividad es seguir trabajando en su terreno en la cosecha de maíz y frijol par que con las ganancias que vaya obteniendo lo ahorre y apoyar a sus hijos que están estudiando y quiere que sean alguien en la vida.

Previous Loan Details

The group is named El Manguito and is made up of four people, each of whom works on her respective activity. The one who was interviewed is named Liliana Yaneth, who is married to José Ricardo, with whom she had a child who is six months old. She lives in a town called Sandino. She is reques... More from El Manguito 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
  • 23
    View loans »
    Mexico Loans Fundraising
  • $18,615,650
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Manguito Group's $625 loan helped a member to pay for purchasing and selling coffee.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013