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Monte Alto Group
In this Group: Valentina , Cornelio, Gabriel, Maria Leticia , Maria De Jesus , Dionisio, Grisela , Victor
Monte Alto is the name of this group, which has eight members. The main source of employment in the area is sowing sugarcane and collecting the resin from rubber trees.

The group's members are:
Valentina - sells groceries;
Cornelia - sows sugarcane and rubber;
Gabriel - collects rubber;
Maria Leticia - sells sweets;
Maria de Jesus - collects rubber;
Dionisio - sows sugarcane;
Grisela - sells clothes;
Victor - sows sugarcane.

Valentina is a very enterprising woman who, more than ten years ago, opened a grocery store in her home. She decided to start this business as it is profitable. She always makes sales and, in addition, her house is on the edge of a main road so travellers stop to buy biscuits or a drink.

She is very happy with his business as she is able to help her husband with the household costs. In order to make more money, Valentina, as well as selling groceries, sells chicken either with feathers or already cut up.

This loan will be invested in buying beans, oil, rice, soup, sugar, toilet paper, tin foil, toothpaste, shampoo, biscuits, drinks and chicken in order to continue selling.

In the future she hopes her business will be bigger and better stocked so that she has earnings to have a better life and do some repairs at home.

This group is thankful for the support that has been provided in the form of loans to Valentina and the whole group.
View original language description ↓
Monte Alto es el nombre de un grupo integrado por 8 personas, la principal fuente de empleo de la zona donde viven es la siembra de caña y la recolección de la resina de los arboles de hule.

Los integrantes del grupo son Valentina venta de abarrotes, Cornelio siembra de caña y hule, Gabriel recolección de hule, Maria Leticia venta de dulces, Maria de Jesus recolección de hule, Dionisio siembra de caña, Grisela venta de ropa y Victor siembra de caña.

Doña Valentina es una mujer muy emprendedora que desde hace mas de 10 años abrió una tienda de abarrotes en su hogar, ella decidió poner esta negocio ya que es rentable siempre se vende ademas de que su casa esta a orilla de la carretera y los viajeros se detienen a comprar alguna galleta o refresco.

Ella esta muy contenta con su negocio ya que gracias a el ha podido ayudar con los gastos del hogar a su esposo, Doña Valentina ademas de vender abarrotes vende pollo en pluma o destazado para obtener una ganancia mas.

Ella invertirá este crédito en la compra de frijol, aceite, arroz, sopa, azúcar, papel higiénico, aluminio, pasta dental, shampoo, galletas, refrescos y pollo para continuar realizando sus ventas.

Ella espera en un futuro ver su negocio mas grande y surtido, para con sus ganancias tener una mejor vida y hacer unos arreglos a su hogar.

Este grupo agradece el apoyo que se le ha brindado a ella y a su grupo por medio de estos prestamos.

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
  • 18
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Monte Alto Group's $2,925 loan helped a member to buy beans oil, rice, soup, sugar, toilet paper, tin foil, toothpaste, shampoo, biscuits, drinks and chicken.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 18, 2013