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Las Reynas Group
In this Group: Maria Azucena, Mercedes Deyanira, Nancy Yudith, Olga Leticia, San Juanita, Silvia Concepcion , Yuri
Las Reynas is a solidarity group that already has completed eight loan cycles. They are responsible women who have known each other for many years.

Silvia, 30, is one of the members of the group. She's married and has three children, ages 8, 10, and 12, all of them students.

Silvia makes a living selling food, and the loan will help her buy more ingredients to prepare food. She also wants to grow her business.
View original language description ↓
Las Reynas son un grupo solidario que tiene ya 8 ciclos con su crédito. Son mujeres muy responsables, ya se conocen desde hace muchos años. Silvia es una de las integrantes del grupo, tiene 30 años, es casada y tiene 3 hijos de 8, 10 y 12 años, todos son estudiantes. Silvia se dedica a la venta de comidas y el crédito la ayudará para comprar mas artículos para la preparación de las mismas, además de que quiere hacer mas grande su negocio.

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

  • $11,249
    Average annual income
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Reynas Group's $6,750 loan helped a member to buy ingredients for food.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
May 6, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013