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La Cabañita Group
In this Group: Consuelo, Leticia, Florentina, Tomasa, Blanca Estela , Maricela, Martha, Isabel, Liliana, Reynalda*, Sofia, Alejandra
* not pictured

Update on La Cabañita Group

The Cabañita group is made up of 12 members; all hardworking women who struggle to have a better quality of life. Liliana is 29 years old and is originally from a community called San Andrés. She and her husband have a mechanic workshop. She helps him however she can and in whatever he can teach her. She says that she’s had the business for more than six years and that they started it due to lack of auto parts in her community. She and her husband decided to open a shop so that other mechanics could come and buy what they needed to fix cars. She says that she really likes her work and that she watches over her two children and the business. She is requesting a loan through Vision Fund so that she can continue to invest in her auto parts business and have different brand parts. She says that her goal is to grow her business and open a parts store in a larger community, closer to the road. The other members are llaman Consuelo, Leticia, Florentina, Tomasa, Blanca Estela, Maricela, Martha, Isabel, Reynalda, Sofia and Alejandra, and they will invest in cosmetics and perfumes via catalog, baking supplies, products for a grocery store, seasonal fruits and vegetables, and shoes and clothing via catalog.
View original language description ↓
El grupo de la Cabañita esta conformado por 12 integrantes todas ellas mujeres trabajadoras y luchadoras por tener una mejor calidad de vida, doña Liliana la cual tiene 29 años de edad y es originaria de una comunidad llamada San Andrés, ella le ayuda a su esposo en un taller mecánico en lo que puede y en lo que él le enseña, dice que tienen con su negocio desde hace mas de 6 años y dice que emprendió su negocio por la falta de refaccionarias cerca de su comunidad y por eso ella decidió poner una refaccionaria donde su marido o mecánicos de la comunidad vengan a comprarle lo que ocupan para arreglar los vehículos, dice que le gusta mucho su trabajo ya que esta al pendiente de sus dos hijos y de su negocio, es por eso que ella está pidiendo un crédito a Vision Fund para seguir invirtiendo en su negocio de Refacciones para automóviles de diferentes marcas. Dice que su meta es hacer crecer su negocio y poner una refaccionaria en una población mas grande y que este cerca de una carretera. Los demás integrantes se llaman Consuelo, Leticia, Florentina, Tomasa, Blanca Estela, Maricela, Martha, Isabel, Reynalda, Sofia y Alejandra ellas invertirán en cosméticos y perfumería por catalogo, en insumos para una panadería, en artículos para una tienda de abarrotes, en frutas y legumbres de temporada, en zapatos y ropa por catalogo para su venta.

Previous Loan Details

Blanca is a member of the “La Cabañita” group. The members gave the group this name because the place where the group meets is in a cabin belonging to one of the members. Blanca is 36 years old and married to Faustino. They have three children: a young girl of 17 who is in senior high school… More from La Cabañita 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
  • 4
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Cabañita Group's $3,050 loan helped a member para la compra de diferentes refacciones para la compostura de automoviles.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2012
Listed
Oct 15, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2013