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Bailarinas Del Fraile Group
In this Group: Adela , Maria Angelica, Maria Concepcion, Rosa Linda, Silvia
Bailarinas del Fraile is a good group. They are called this because a former member had a therapeutic dance group.

Sra. Silvia is a hardworking woman, who is 38 years old, married and has two children, ages 8 and 14; both are students and her husband drives a trailer. She works selling food at revolving markets. Before, she sold linens however she decided to start selling food because her mother had the business before she transferred it to Silvia and her sister.

With the loan, Silvia will finish paying her mother for the business transfer and she will also invest in supplies to prepare the meals. Silvia would like to improve the business in order to attract customers by offering a better dining experience. In the future she wants to own another restaurant and continue growing.
View original language description ↓
Bailarinas del fraile son un grupo bueno , se llaman así ya, que una ex integrante tenia un grupo de bailo terapia. La señora Silvia es una mujer trabajadora tiene 38 años de edad, es casada y tiene 2 hijos de 8 y 14 años de edad, ambos son estudiantes, su esposo es operador de tráiler y ella se dedica a la venta de comidas en mercados rodantes. Ella antes vendía blancos, pero decidió comenzar con la venta de comidas, ya que su mama era la que se dedicaba a esto, pero le traspaso su negocio a Silvia y a su hermana. Con el crédito va a terminar de pagarle a su mama el traspaso del negocio y va a invertir en productos para la preparación de la comida. A Silvia le gustaría mejorar mas su negocio, para tener a sus clientes en un mejor ambiente y a futuro poder tener otro restaurante y seguir creciendo.



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
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,739,950
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Bailarinas Del Fraile Group's $6,475 loan helped a member to finish paying for the business her mother transferred to her and to invest in the preparation of more food.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 19, 2013