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San Miguel Arcangel (Flat) Group
In this Group: Maria Del Socorro , Gonzalo , Romelia , Yesinia Guadalupe
Gonzalo is a member of the “San Miguel Arcángel” (St. Michael the Archangel) group. He’s been married to Sara for 30 years and they have a son attending secondary school. They live in a community called “El Carmen” which is a place with a very narrow access road; one must reach it by foot.

“Don Chalo,” as he’s known in his community, will use the loan to buy and sell cattle like cows and calves. He’s been in this business ten and a half years. He also works in agriculture growing corn and beans in the season that produces very good results.

He comments that his father taught him to work in the fields when he was still a boy so that when he got married he already knew that he’d be responsible for forming a home where he’d be very happy. He’s very grateful to God now for the family He’s given him. What he most wants from his business is that in time he’ll be able to continue working to support his son with his schooling as well as to buy a vehicle to transport the cattle he buys and then to resell.

The other group members are María del Socorro who will use the loan to buy whole coffee beans to grind and then sell by the kilo, Romelia who will use the loan to buy ingredients like eggs, oil and baking powder to make ‘marquesote’ [traditional sweet bread] and lastly, Yesenia Guadalupe who will use the loan to buy fruit and vegetables.
View original language description ↓
Don Gonzalo es integrante del grupo San Miguel Arcángel, es casado con la señora Sara, ello ya tienen treinta años de casados y tienen un hijo quien estudia la secundaria y viven en una comunidad llamada "El Carmen" es un lugar muy angosto de camino y se entra caminando.

A "don Chalo", como le nombran en su comunidad, invertirá el préstamo en la compra y venta de ganado como son vacas y becerros en donde lleva trabajando diez años y seis meses, también se dedica al campo a sembrar maíz y frijol en las temporada en la que le da muy buenos resultados.

Desde muy joven comenta que su papá le enseño a trabajar en el campo por lo tanto cuando se casó dice que ya sabía su responsabilidad de formar un hogar en el que sería muy feliz y ahora se siente muy agradecido con dios por la familia que le ha regalado.

Lo que más desea de su negocio es que con el tiempo el pueda seguir trabajando apara apoyar a su hijo con sus estudios como también comprar un carro para poder transportar el ganado que compra y posteriormente vuelve a venderlo.

En este grupo se integra la señora: María del Socorro quien invertirá el préstamo en la compra café por grano molerlo y posteriormente venderlo por kilo, la señora Romelia invertirá el préstamo en la compra de ingredientes como son: huevo, aceite, y polvillos para la elaboración de marquesote y por último la señora Yesenia Guadalupe invertirá en la compra de frutas y legumbres.

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

  • $15,600
    Average annual income
  • 21
    View loans »
    Mexico Loans Fundraising
  • $19,058,800
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Arcangel (Flat) Group's $1,625 loan helped a member to buy cows and calves.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 30, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013