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Grupo Santiaguito Group
In this Group: Maria Filogonia, Daniel
This group is made up of just two people. The name of the group was chosen because it is the name where they live. Mrs. Filo, as she is known in the community, is the representative. She is 64 years old and is married to Leonardo. They began their family 42 years ago and have seven children of whom only one still remains a dependent. Mrs. Filo works raising animals like yearling sheep and goats. She began raising small animals out of necessity 12 years ago: "All of my children were studying and the salary of my husband was not enough to support all the educational and household expenses and thus I felt obligated to begin work with the raising of small animals and thanks to that my children were able to finish high school." She is asking for a loan in order to purchase more sheep, feed and grass for the sheep that she currently has and for those that she will buy. Mrs. Filo comments that one of her challenges is the lack of a good corral where she can keep her goats since the rainy season is approaching and they can get sick and die. Mrs. Filo has to make a great effort to raise and fatten her animals because buying the feed is not easy. However, despite all these difficulties she wants to eventually have more animals in order to continue helping her son with his studies. Filo comments: "I don't want my son to have to leave school due to a lack of money. I would like to see him succeed professionally." Daniel is the other group member and he comments that he is asking for a loan in order to buy more sheep to raise and sell.
View original language description ↓
El grupo esta conformado por solo dos personas, el nombre de su grupo lo eligieron porque así se llama el lugar donde viven. Doña Filo, como la conocen en su comunidad, es la representante, ella tiene 64 años de edad es casada con el señor Leonardo, desde hace 42 años formaron una familia con siete hijos de los cuales ya solo un hijo depende de ellos. Doña Filo se dedica a la crianza de animales como borregos y bueyes desde hace 12 años cuenta que inicio con la crianza de sus animalitos por necesidad "Todos mis hijos estudiaban y el sueldo de mi esposo no alcanzaba para solventar todos los gastos de educación y hogar fue como me vi obligada a iniciar con la actividad con la crianza de sus animalitos y gracias a eso mis hijos pudieron terminar la preparatoria" Esta solicitando el crédito para comprar mas borregos, alimento y pastura para sus borreguito que tiene en su casa y los que comprara. La señora Filo comenta que una de sus dificultades es la falta de un buen corral para poner ahí sus bueyes porque ya se acercan la temporada de lluvias y asi pueden enfermar y morir. Doña Filo tiene que hacer un gran esfuerzo para poder criarlos y crecerlos hasta grandes porque comprar el alimento no es nada fácil. Sin embargo a todas sus dificultades quiere llegar a tener muchos animales para poder seguir ayudando a su hijo con sus estudios la señora Filo comento "No me gustaría que mi hijo tuviera que dejar la escuela por falta de dinero me gustaría verlo realizado profesionalmente" Daniel es el otro integrante del grupo comenta que esta solicitando el crédito para comprar mas borregos para cría y venta.

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
  • $17,777,925
    Funds lent in using Kiva
  • 12.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Santiaguito Group's $1,750 loan helped a member to buy yearling sheep, corn and feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2013
Listed
May 31, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013