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Abundancia Group
In this Group: Elvia, Francisca, Maria Concepcion, Maria Del Carmen, Maria Marcelina, Teresa Guadalupe
Abundancia is a responsible and accomplished group that has had 3 loans. Teresa is one of its members. She is a young, 25-year-old woman and is married with two daughters, ages 5 and 1. She sells groceries for a living. She has a store and the loan will help her grow her business by investing in merchandise.

Teresa is a woman who wants to get ahead with her family because she wants to give her daughters a good education.
View original language description ↓
Abundancia es un grupo responsable y cumplido que tiene 3 ciclos con su crédito. Teresa es una de sus integrantes, una mujer joven de 25 años, casada y con 2 hijas de 5 y 1 años. Ella se dedica a la venta de abarrotes, tiene una tienda y el crédito le ayudará a hacer que crezca invirtiendo en mercancía. Teresa es una mujer que desea salir adelante junto con su familia, ya que quiere darle un buen estudio a sus hijas.

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
  • 26
    View loans »
    Mexico Loans Fundraising
  • $18,007,650
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Abundancia Group's $4,350 loan helped a member to stock goods and groceries.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013