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San Miguel Group
In this Group: Alicia, Anel Guadalupe*, Carmela, Dora Celia, Lidia, Martha, Yolanda Leticia
* not pictured
San Miguel is a group of enthusiastic women who, in addition to being homemakers, have decided to become important contributors to their households. The members of San Miguel feel fulfilled when starting up businesses run by themselves.

One of the members, Dora Celia, started a fast-food business selling hamburgers and hotdogs. She is a resident of the municipality of Guadalupe and is known for her delicious sazón (seasoning). Dora Celia’s husband supported her to undertake this desire for self-improvement.

She is sure that the loan commitment she now accepts will allow her to invest in the upkeep of the establishment where she currently sells. Dora Celia is confident that her business is moving forward.
View original language description ↓
San Miguel es un grupo de mujeres entusiastas que han decidido, además de ser amas de casa, ser un aporte importante al hogar. Las integrantes de San Miguel se sienten realizadas al emprender negocios manejados por ellas mismas.
Una de ellas, Dora Celia emprendió el negocio de comidas rápidas, vende hamburguesas y hot-dogs. Ella es vecina del municipio de Guadalupe y es reconocida por su rico sazón. Dora Celia se vio apoyada por su esposo para emprender este deseo de superación.
Ella está segura que el compromiso crediticio que ahora asume le permitirá invertir en el mantenimiento del establecimiento donde actualmente vende.
Dora Celia confía en que su negocio va hacia adelante.

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
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Group's $4,825 loan helped a member to maintain her shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 13, 2014