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Zongolica Group
In this Group: Wenceslao, Miguel, Adolfo
Wenceslao, Miguel, and Adolfo live in Tlaxcantitla, a remote indigenous community in the Zongolica region in the state of Veracruz. The region is very mountainous and somewhat complicated, so they have lacked electricity access since the community was established.

This is Wenceslao's story:

Wenceslao is a 33-year-old man living with his family of 8, in the community of Tlaxcantitla. Over the years, Wenceslao has learned the craft of agriculture, and now he mainly works in the field cultivating corn. He also sometimes sells firewood in his community to earn more money, because his income is only $23-27 USD on a productive week.

By acquiring a solar home system, Wenceslao will be able to improve his family's quality of life and spend his monthly income on better food and clothing for his children.

Additional Information

About ERES Energía Renovables

ERES Energía Renovable is a hybrid social enterprise that provides clean energy via solar-powered home systems in off-grid communities in Mexico. Kiva loans enable low-income households to purchase these systems. By lending to borrower groups that cross-guarantee each other, ERES Energía Renovable is able to reach far more borrowers who do not have the collateral or credit history to get a loan from a formal financial institution.

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

ERES Energía Renovable joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

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
  • 12
    View loans »
    Mexico Loans Fundraising
  • $18,789,925
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Zongolica Group's $525 loan helped a member to purchase a solar home system that will allow him to improve productivity.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 12, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014