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Lourdes

Update on Lourdes

Lourdes lives in a community where the people speak the language Mazahua. She is 36 years old. She is in a common law marriage with Carlos. Together they have formed a family with their four children who go to school.

Previously, Lourdes was in a large group. This time, she has asked for an individual loan to invest in her business selling live and butchered chickens, as they have an order too big and she believes she can’t cover the expenses, so she says with the loan she will buy more chickens and also some sweets to sell in her chicken business.

She also has a grocery store but also makes food for the teachers who are giving classes in the community. She doesn’t know the amount because she buys little by little.

Lourdes has been in the business seven years buying live chickens at a low price and later selling them from home at a higher price and almost always she has many orders from home or in the nearby communities.

She says that she began her business because she wanted to help her husband with the household expenses in order to improve the quality of life for her and her family. However, the biggest difficulty that Lourdes faces is when there is no activity, and almost no sales, and even worse when she has many chickens not sold, but this does not discourage her as she knows that if not sold today, tomorrow will be better.

One of Lourdes goals is to improve the quality of life for her and her family and more than anything to improve the education of her children who she wants to finish school in order to have a better life. She is very happy and grateful for the loan as with her earnings she can buy shoes, food, and clothing for the children.
View original language description ↓
Doña Lourdes vive en una comunidad donde la gente habla la lengua mazahua, cuenta que tiene 36 años de edad por el momento está viviendo en unión libre con el señor Carlos juntos han formado una familia con sus cuatro hijos que van a la escuela anteriormente doña Lourdes ya habia estado en uno grupo grande esta vez ha solicitado un crédito individual para invertirlo en su negocio de venta y compra de pollos vivos y muertos ya que tienen un pedido demasiado grande y cree no poder con todo el gasto platica que con el crédito comprara mas pollos y algunos duces ya que además del negocio de la venta de pollos también tiene una tienda de abarrotes pero además hace comida para los maestros que se encuentran dando clases en la comunidad, la cantidad no sabe porque comprar poco poco. Doña Lourdes lleva ya 7 años en su negocio ella comprar el pollo vivo a un menor precio para luego venderlo ella a domicilio a un precio más alto ya casi siempre tiene muchos pedido ya está en casa o en las localidades más cercanas. Platica que inicio su negocio porque quería apoyar a su esposo con los gastos del hogar para poder mejorar su calidad de vida de ella y su familia, sin embrago la dificultad más grande a la que se presenta doña Lourdes es cuando no hay ningún evento y casi no hay ventas y peor aun si encargo muchos pollos se quedaran ahí sin vender, pero esto no la desanima ya que sabe que si hoy no vendió mañana le irá mejor. Una de las metas de doña Lourdes es mejorar la calidad de vida de ella y su familia más que nada para mejorar la educación de sus hijos quiere que terminen una carrera para que tengan una mejor vida. Ella está muy contenta y agradecida con el crédito ya que con sus ganancias podrá comprarles zapatos, alimento, ropa a los niños.

Previous Loan Details

Lourdes tells us that she is 36 years old and right now she is in a common law marriage with Carlos. Together they have formed a family with their four children who are in school. Previously, Lourdes was in a large group. This time, she has asked for an individual loan to invest in her business s... More from Lourdes'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.

About Mexico

  • $11,249
    Average annual income
  • 2
    View loans »
    Mexico Loans Fundraising
  • $17,777,925
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,175 helped Lourdes to buy chickens and sweets for her business, selling from home and in the nearby communities.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 8, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013