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Las Peras Group
In this Group: Emma, Maria Veronica, Maria Angelica, Graciela, Adelina

Update on Las Peras Group

Emma is 49 years old and from a Community in the Zirahuato architectural zone, rich in history and visited by national and international tourists. Emma is a member of the Las Peras group. She has a stand in a local school where she sells soft drinks, juices, chips, instant soups, and also Mexican food such as fried tacos, enchiladas, and pambazos to give the school children. She is asking for this loan to buy ingredients such as fruits, vegetables, dough and other things. She says that she bought what she needed a few days ago because she starts cooking very early, because the children have recess at 9:30 am and she has to have everything ready. She would like to have a local establishment so she doesn’t have to go back and forth. The other members are Maria Veronica, Maria Angelica, Graciela and Adelina. They buy and sell livestock, and seasonal fruits and vegetables.
View original language description ↓
Doña Emma tiene 39 años de edad y es originaria de una comunidad rica en historia ya que se encuentra la zona arqueológica de Zirahuato el cual es visitado por muchos turistas del país y a nivel mundial. Dona Emma es parte de un grupo llamado Las Peras, ella tiene una cooperativa escolar en una primaria de su localidad, en la cual vende refrescos, jugos de diferentes sabores, sabritas, sopas instantáneas, y también hace antojitos mexicanos como tacos dorados, enchiladas, pambazos para darles a los niños de la escuela. Ella está pidiendo un crédito para la compra de insumos para hacer las comidas que vende, como frutos y legumbres, masa, bolillos, dulces de diferentes sabores, refrescos, jugos y muchas cosas más. Dice que desde un día antes va a comprar todo lo que necesita, porque desde muy temprana hora empieza hacer las comidas ya que los niños salen a receso a las 9.30 de la mañana y tiene que estar todo preparado. Dice que a ella le gustaría tener un local ya establecido para no estar de un lado a otro. Las demás compañeras del grupo se llaman Maria Veronica, Maria Angelica, Graciela y Adelina ellas invertirán sus créditos en la compra de insumos para elaborar tortillas a mano para su venta, compra y venta de ganado y en la compra de frutas y legumbres de temporada.

Previous Loan Details

Graciela is 36 years old and is originally from a community called San Felipe de los Alzati. This is a very hard-working community and one of the top producers of poinsettias in the nation. Over six million flowers are produced every year. They are sold within the country and exported abroad, since… More from Las Peras Group'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.

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

  • $11,249
    Average annual income
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,541,650
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Peras Group's $4,650 loan helped a member to buy ingredients.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 2, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013