San Agustín Group
Update on San Agustín GroupThis group is called San Agustin and is made up of six very joyful women. When they get together to collect their payments they are very punctual and responsible. They are from a place called Coapilla where there is a lagoon that the locals call the green lagoon.
The woman who did the interview is named Maria del Carmen, who is married to Eduardo and with whom she had seven children, of whom six are now married and one is still their responsibility, studying at the university.
She is requesting a loan to invest in the purchase of ingredients such as flour, oil, eggs and others in order to make bread. She has been doing this for fourteen years and four months and tells us that since she was very young she learned how to make bread from her mother who was one of the bakers of her region and she alone sold the bread from house to house for her customers who placed orders.
She dedicates herself to her work with much love because it is how she has helped her family to get ahead and she gives thanks to God for having given her the opportunity to learn a good job from her mother. Now two of her daughters do the same work.
What she wants from this loan is that she can continue working and help her son who is studying to help have the career that he hopes for.
The members of the group are: Consuelo who will buy paper, Julia who will invest in beans and corn, Emilia in the purchase and sale of costume jewelry, Esperanza in the creation of knapsacks, and Maria Antonia in the purchase of ingredients to make bread.
Quien se le tomo la entre vista se llama María del Carmen quienes casada con el señor Eduardo y con quien procreo siete hijos quienes seis ya están casados y uno a un está su responsabilidad estudiando la universidad .
Solicito el préstamo para invertirlo en la copra de ingredientes como son: harina, aceite, huevo, queso, entre otros para la elaboración de panes, en donde lleva trabajando catorce años y cuatro meses en la que nos platica que desde muy joven ella aprendió a elaborar pan por su mama que fue una de la panaderas de su
región y ella solía salir a vender de casa en casa para sus clientes que le hacían pedidos de panes.
Se dedica a su actividad con mucho amor por que es como ella ha estado sacando adelante a su familia y da gracias a dios por haberle dado la oportunidad de aprender junto a su mama un trabajo bueno, a un así también su dos hijas de ella se dedican a lo mismo.
Lo que desea es que con el préstamo en la pueda seguir trabajando para poder apoyar a su hijo que está estudiando y logre tener una carrera como él desea-
Las que se integran en el grupo son: la señora Consuelo invertirá en papelería, la señora Julia invertirá en la compra de frijol y maíz, Emilia en la compra y venta de bisutería, Esperanza en la elaboración de petates y la señora María Antonia invertirá en la copra de ingredientes para la elaboración de panes.
Previous Loan DetailsThe San Agustín communal bank is comprised of six women who live in a town called Coapilla. In this town they celebrate the Fiesta of the Blessed Virgen of Candelaria, the patron saint of the town. Emily was interviewed. She is married to Máximo, and they have three married children. She ... More from San Agustín Group's previous loan »
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.
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Success!! The loan was 100% repaid