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La Cascada Ii Group
In this Group: Christopher Daniel, Tomasa, Irma, Estela, Estela
Christopher has been a member of the communal bank La Cascada II for four years. He is proud to belong to Vision Fund because it has helped his transport business very much. He is 34 and married to Brenda, who is a high school teacher. They have two small children: one is in preschool, and the other is seven months old. Christopher was born in San Felipe de los Alzati, a beautiful place where a winter season flower called Nochebuena is grown every year. It is also a tourist destination close to the Zirahuato and Santuario de la Mariposa Monarca archeological sites.

He has taken classes in electronics, computer technology, carpentry, and cutting and sewing, but none in his current profession. As a youngster, he helped his mother meet the household expenses, since she was a widow and he was responsible for his family from an early age. With their combined efforts, they bought a van that he has used to offer public transport service for 13 years. His route begins in Zitácuaro and passes through different towns until it ends in Dongu; he has two other routes as well.

He is applying for a loan to do maintenance on the three vans and also to buy spare parts and tires. This loan will let him repair his transport vans and will be of great help in supporting his family and his brothers, who have regular work driving two of the vans. His goal for the business is to save money to buy a new transport van and increase his profits.

The four other group members are Tomasa, Irma, Estela G., and Estela M. They will use their loans to buy merchandise for a grocery store; to buy catalog perfumes and cosmetics for resale; and to buy seasonal fruits and vegetables for resale.
View original language description ↓
Christopher es parte del grupo La Cascada II, desde hace 4 años trabaja con la financiera y dice que le ha ayudado mucho en su negocio del transporte por lo que está muy orgullosos de pertenecer a VisionFund. El tiene 34 años y está casado con Brenda quien es maestra en un bachillerato, ellos tienen dos niños pequeños el mayor va a clases de preescolar y un niño de 7 meses, el es originario de una comunidad llamada San Felipe de los Alzati un lugar lleno en riqueza natural donde año con año cultivan flor para la temporada decembrina llamada Nochebuena, también es conocido por ser un lugar turístico ya muy cerca se encuentran la zona arqueológica de Zirahuato y el Santuario de la Mariposa Monarca. Dice que él estudio varias carreras técnicas como electrónica, computación, carpintería y corte y confección, pero en ninguna de estas trabaja, dice que desde muy jovencito ayudo a su mamá con los gastos del hogar ya que ella es viuda y le tocó ser responsable de su familia desde muy chico. Dice que con mucho esfuerzo entre él y su mamá compraron una combi con la cual él trabaja desde hace mas de 13 años y dice que su ruta empieza en la población de Zitácuaro y pasa por diferentes comunidades hasta llegar a la localidad llamada Dongu; también tiene otras 2 rutas. Ahorita él está pidiendo un crédito para darle mantenimiento a su combi y a otras dos mas que tiene porque quiere comprarles varias piezas que están fallando y llantas que es en lo que más gasta. Comenta que el préstamo le beneficiara demasiado ya que mandará reparar sus combis de servicio público, por que el de ahí mantiene a su familia y sus hermanos tienen un trabajo estable ya que ellos le ayudan a trabajar las otras dos combis. La meta que tiene para su negocio del transporte público es tratar de ahorrar dinero para comprar un vehículo nuevo para meterlo a trabajar como trasporte público y mejorar las unidades que ya tiene. Las otras cuatro integrantes del grupo se llaman Tomasa, Irma, Estela G. y Estela M. ellas invertirán sus créditos en la compra de insumos para surtir tienda de abarrotes, en la compra de colches, perfumes, cosméticos por catalogo para vender, surtirá frutas y legumbres de temporada para su venta.




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
  • 13
    View loans »
    Mexico Loans Fundraising
  • $19,049,100
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Cascada Ii Group's $6,100 loan helped a member to buy spare parts and to maintain his transport vans.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 1, 2012
Listed
Nov 29, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013