Check out some available loans that are similar to this one!
El Castillo 2 Group
In this Group: Alicia, Minerva Alicia, Margarita, Evarista, Daniela, Minerva Jessica, Eduardo*, Lidia, Elodia, Mariela
* not pictured
The location is 100% sugarcane. Therefore, most of the inhabitants work in the field. The dam is one hour away, and 30 minutes away is another place known for selling 'mojarra ' [a fish]. The people there still speak their maternal language, Mazateco. The El Castillo 2 group was created in this community, and it is comprised of ten members.

Alicia sells ornamental plants, Margarita sells shoes by catalog, Evarista sells chicken, Daniela sells snacks, Minerva sells soft drinks, Eduardo sells dough and corn, Lidia sells cakes and pizza, Elodia sells tacos, Mariela sells shoes by catalog.

Minerva Alicia has been selling butchered chicken for six years. She gets up very early to dress the chickens that she will sell during the day. She started selling chicken to support her husband. Thanks to the loans that have been given to her, she has managed to grow little by little in her business. Minerva mentioned that she will now buy more chickens and chicken wire to expand the coop where she puts them so that they do not get away. Having her husband's support is a big motivation. With the profits, she has remodeled the house and paid for those expenses. With the profits that she gets she will save to buy a chicken skinner. This way it will be easier for her to have the chicken ready, and she will be able to sleep a little more.

Being part of the communal bank makes everyone a family, and they have always tried to join our efforts.
View original language description ↓
La localidad es 100% cañera por lo que la mayor parte de los habitantes trabajan en el campo. A una hora se encuentra la presa y a 30 min. otra localidad que se caracteriza por la venta de mojarra y donde aún se habla la lengua materna llamada mazateco. En esta comunidad se creó un grupo llamado “El Castillo 2” conformado por 10 personas.

Alicia-venta de plantas de ornato, Margarita-calzado por catalogo, Evarista-venta de pollo, Daniela-venta de antojitos, Minerva-venta de refrescos, Eduardo-venta de masa y maíz, Lidia-venta de pasteles y pizza, Elodia-venta de tacos, Mariela-venta de calzado por catalogo.

La señora Minerva Alicia se ha dedicado a vender pollo destazado desde hace ya 6 años, ella se levanta desde muy temprano para aliñar los pollos que venderá en el día. Ella inició la venta de pollo para apoyar a su esposo, gracias a los préstamos que se le han otorgado ha logrado crecer poco a poco con su negocio. Minerva mencionó que ahora comprara mas pollos y maya para ampliar el corral para que no se escapen los animales. Contar con el apoyo de su esposo es algo de gran motivación, con las ganancias han remodelado la casa y sustentando los gastos de la misma.

Con las ganancias que ella obtenga, ahorrará para comprar una peladora de pollo de esta manera le sera más fácil tener listo el pollo y podrá descansar un poco más.

Asimismo, hablando acerca del grupo, los miembros mencionaron: el formar parte del grupo les hace ser una familia y por lo mismo siempre han tratado ir todos a la par" hablando acerca de su responsabilidad y trabajo en equipo.

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.

Tags

About Mexico

  • $15,600
    Average annual income
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of El Castillo 2 Group's $6,500 loan helped a member to buy chicken and chicken wire for the chicken coop.
99% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2014
Listed
Jul 22, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014