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El Cerrito Group
In this Group: Francisca, Natalia, Alfredo, Tomasa
The El Cerrito [The Little Hill] communal bank is comprised of four very humble and very hard-working people. They have been clients of VisionFund for several years, but only in large groups. They selected their group name because there is a beautiful hill where they live. It is the best thing you can see in the community.

Natalia says she is 32 years old, and she in in a common-law marriage with Luis. Together they have made a family with four children. However, only two of them go to school. All four of the children are dependent upon Natalia and Luis.

Natalia is a very hard-working woman. She says that ever since she was a little girl she has seen how to raise sheep. Eleven years ago she started her business activity. She buys them when they are small. They grow, and when they are big and fat she sells them. She sells to the people who regularly request them. The buyers are women who barbecue. However, she says that when the sheep are sheared she also sells the wool. This is a good income for Natalia. Her only difficulty is the cold season like November, December, and January. Her sheep often get sick and die, which is a loss of investment and income for Natalia.

Natalia is requesting a loan to buy four more sheep and the feed that her sheep will need. Natalia says, “I am very happy and grateful for the loan that was granted. Thanks to the loan I will be able to buy more sheep. What I want the most is to have a lot of sheep in order to be able to have more income and help my children with their educational expenses.”

Natalia and the other members of the group are happy and grateful for the loan. Francisca, Alfredo, and Tomas also want to buy sheep.
View original language description ↓
El grupo El Cerrito está integrado por cuatro personas muy humildes y muy trabajadoras, son clientes de VisionFund desde hace varios años solo que en grupos grandes. El nombre del grupo lo eligieron porque donde ellos viven esta un cerrito hermoso que es lo mejor que se puede apreciar de la comunidad.
Natalia platica que tiene 32 años de edad está viviendo en unión libre con el señor Luis juntos han formado una familia con cuatro hijos aunque solo dos de ellos están estudiando pero los cuatro niños se encuentran dependiendo de dicha pareja. Natalia es una mujer muy trabajadora platica que desde niña siempre ha visto como se crían los borregos pero desde hace 11 años inicio con su actividad ella los compra desde pequeños los crece hasta cuando ya están grandes y gordos para ponerlos en venta, los vende a las personas que se lo solicitan por lo regular son las señores que se dedican hacer barbacoa, pero también platica que con la lana de sus borregos cuando se las llega a cortar la vende y para Natalia esta es una muy buena ganancia a su economía, aunque su unica dificultad es en temporada de frios como es noviembre diciembre y enero sus borregos suelen enfermase y morir lo que implicaria para Natilia una perdida de inversion y ganacia para su economia , Doña Natalia está solicitando el crédito para comprar cuatro borregos mas y pastura que necesitara para sus borregos. Natalia comento "Estoy muy contenta y agradecida por el crédito otorgado ya que gracias a sus crédito otorgado podre comprar más borregos ya que lo que más deseo es tener muchos borregos para poder tener mas ganancias y ayudar a mis hijos con los gastos de su estudio"
Así como Natalia y los demás integrantes del grupo están muy contentos y agradecidos con el crédito como Doña Francisca, Alfredo y Tomasa quienes invertirán también en la compra de borregos.

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
  • 39
    View loans »
    Mexico Loans Fundraising
  • $19,084,475
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Cerrito Group's $2,900 loan helped a member to buy four sheep and feed.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2012
Listed
Jan 2, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013