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San Sebastian Group
In this Group: Beatriz Alejandra, Elba Marisela, Felipa , Modesta , Norma Hermelinda , Olga *, Yadira Michelai
* not pictured
San Sebastian is a solidarity group that is on its second loan. Their name comes from the name of the neighborhood where most of them live.

Modesta is a 32-year-old woman who is in a common law marriage and has three children (two girls and one boy), all of whom are minors and are in school. Her husband is a carpenter and he has always supported her with her loan. Modesta earns a living by selling snacks from home. She has had the business for two years and it is going very well.

At this time she is thinking of selling tamales as she is going to stop selling bollos [a type of bread roll] and mangonadas [mango ice drink]. This loan will help her to purchase a steamer and the other necessary items to make tamales.
View original language description ↓
San Sebastián es un grupo solidario que van en su segundo ciclo. Se llaman así por el nombre de la colonia donde la mayoría habita. Modesta es una mujer de 32 años de edad, vive en unión libre y tiene 3 hijos (2 niñas y 1 niño), todos menores de edad y se dedican a estudiar, su esposo es carpintero y siempre la a apoyado con su crédito. Modesta se dedica a la venta de snak en casa, tiene 2 años con el negocio y le va muy bien; en esta temporada piensa vender tamales, ya que va a dejar de vender bollos y mangonadas y el crédito le ayudara a comprar una vaporera y los articulos que le falten para la preparacion de los tamales.

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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,366,525
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Sebastian Group's $3,675 loan helped a member o purchase a steamer and the other necessary items to make tamales.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2012
Listed
Oct 15, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 26, 2013