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Rancho Loma Bonita Group
In this Group: Alfredo, Ma Guadalupe, Adan , Isidro
The "Rancho Loma Bonita" group is based in a beautiful, calm village which can only be reached by public transport. Their business place is right in the village, but their houses are much farther away. They also have a small ranch where they have many animals. They chose this group name because they like the place where they live. They live on a ranch on a small hill ("loma").

Guadalupe, or Lupita, as she is better known, is a member of this group. She is 55 years old and has been married to Adán for 30 years. They have two children who are now independent. She has a small corn mill and another mill which she uses to make feed for her animals. Her mills are more than 20 years old. "I started up with the mills because when I got married, my husband had many animals and I helped him a lot. That is how I learned to work with these mills."

She is applying for this loan to make repairs to her mills. Lupita offers the service of her corn mill every day. Her clients come to her to grind their corn to make tortillas. Lupita says, "I want to work very hard so that I can manage to open another small place for another business."

The group members' advantage is that they are in a good location to have many clients. The other members of the group are Alfredo, who will invest in his butcher's shop, Adán, who will invest in his vegetable sales, and Isidro, who will buy cattle.
View original language description ↓
El grupo “Rancho Loma Bonita” está ubicado en una comunidad muy bonita y tranquila para llegar a ella solo es en transporte público, enseguida esta el negocio de los integrantes del grupo aunque para llegar a su casa esta mucho más lejos ellos también tiene un pequeño ranchito donde tienen varios animales, el nombre del grupo lo eligieron precisamente porque les gusta mucho el lugar donde viven porque viven en un ranchito y el lugar donde está ubicado es en una lomita. Doña Guadalupe o Lupita, como mejor la conocen, es integrante del grupo ella tiene 55 años de edad está casada con el señor Adán desde hace 30 años juntos han formado una familia con dos hijos pero ya son independientes. Ella tiene un pequeño molino de nixtamal y otro para moler sacate para sus animales, sus molinos tiene más de 20 años “Inicié con los molinos porque desde que me casé mi esposo tenía muchos animales y yo lo ayudaba mucho y fue como aprendí a manejar estos molinos” Esta vez está solicitando el crédito para hacer algunas reparaciones para sus molinos. Doña Lupita todos los días da servicio en su molino de nixtamal sus clientas pueden encontrar el servicio para poder moler su maíz para la elaboración de sus tortillas. Doña Lupita comento “Quiero echarle muchas ganas para salir adelante para poder hacer otro local chico para otro negocio”. La ventaja de ellos es que están en un buen lugar para tener más clientes, los integrantes del grupo son Don Alfredo quien invertirá en su carnicería, Don Adán en la venta de abarrotes y Don Isidro en la compra de bovinos.

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
  • 30
    View loans »
    Mexico Loans Fundraising
  • $18,350,050
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Rancho Loma Bonita Group's $2,700 loan helped a member to repair his mills.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2013
Listed
Nov 4, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014