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La Manzana Group
In this Group: Rebeca , Elizabeth, Gloria, Ubaldo, Alicia, Maria Agustina, Martha
The “La Manzana” group is comprised of seven members, six women and one man. They selected the name of the group themselves. They decided on that name because the place where they live is called La Manzana. The people in the group are very hard-working. Above all, they are very enterprising. They always look for a business activity that will help them pay their family expenses.

Ubalado is requesting the loan to invest in plumbing materials. Elizabeth will invest in turkeys to raise and fatten. Martha will invest in fruit and vegetables for her sales. Gloria will invest in beauty products, Alicia will stock her grocery store, and Agustina will invest in nail products.

Rebeca, age 35 and also part of the group, has been married to Jose Carmen for five years. Together they have made a family with two children, but only one goes to school. Rebeca has a breakfast business, which she tends on the week-ends and holidays. She started her breakfast business two years ago.

This time Rebeca is requesting a loan to buy soft drinks, juices, and cappuccinos. These are the products that she needs the most. She plans to buy in big quantities. Rebeca says that she has not opened her business because she and her children got sick. Her treatments were very expensive. This situation impeded her continued investment in the business.

Rebeca is very grateful to Vision Fund and Kiva because, thanks to the loans they have granted her, she has been able to buy a microwave oven, a coffee maker, and some tables and benches. The current loan will help her to open her business once again.

Rebeca’s dream is to make her business larger. She wants to do this in order to be able to establish a bookstore or an internet cafe because there are none in the community. However, for Rebeca to be able to manage this she needs to make her place bigger. The place that she has now does not have to capacity needed to tend to all of her customers.
View original language description ↓
El grupo "La Manzana" se encuentra conformado por siete integrantes seis mujeres y un hombre ellos mismos eligieron el nombre del grupo, lo decidieron porque el lugar donde viven se llama La Manzana, las personas del grupo son muy trabajadoras pero sobre todo muy emprendedoras, siempren buscan una actividad economica que los ayude a solventar los gastos de su familia. Como Don Ubalado esta solicitando el credito para invertirlo en material para plomeria, Elizabeth invertira en guajolotes para cria y engorda, Martha en frutas y verduras para su venta, Gloria en productos de belleza, Alicia abastecera su tienda de abarrotes, Agustina invertira en productos para uñas. Rebeca quien tambien forma parte del grupo tiene 35 años de edad esta casada con el señor Jose Carmen desde hace cinco años, juntos han formado una familia con dos niños solo uno asiste a la escuela. Doña Rebe, como le llaman, tiene un desayunador que atiende los fines de semana y dias festivos inicio su desayunador desde hace dos años. Esta vez Doña Rebeca esta solicitando su credito para comprar refrescos, jugos, capuchinos que son los productos que más le hacen falta lo que piensa es comprar en cantidades grandes, la señora Rebeca platica que no habia abierto su negocio debido a que sus niños y ella se enfermaron y sus tratamientos fueron muy costosos situcaion que impidio seguir invirtiendo el negocio Doña Rebeca esta muy agradecida con Vision Fund y KIVA porque gracias a los creditos que le han otorgado ha podido comprarse horno de microondas, cafetera, algunas mesas y bancos. El crédito actual le ayudara pues abrirá nuevamente su negocio. El sueño de Doña Rebeca es hacer mas grande su tienda, para poder instalar en la comunidad una libreria o un café internet porque no hay en su comunidad, sin embargo para que Doña Rebeca pueda lograr esto es necesario hacer mas grande su local porque en donde se encuentra actualmente, no tiene tiene la capacidad necesaria para atender a todos sus clientes.

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
  • 21
    View loans »
    Mexico Loans Fundraising
  • $19,049,100
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Manzana Group's $3,300 loan helped a member to buy soft drinks, juices, and cappuccinos.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 30, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013