Funded

Total loan: $6,900
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Banco De Piedra Group


A loan of $6,900 helped a member to buy four sheep.


Banco De Piedra Group's story

The group "Banco de Piedra" (Stone Quarry) is made up of seven members. They live in a very quiet community where the people generally make a living by growing corn. They chose this name for their group because where they live there is a stone quarry from which they quarry stone to build their houses. Francisca, or Fran as they call her in a friendly way, is a group member; she is 36 years old and has been living with Mr. Antonio for 10 years. They have two children together who are going to elementary school. Fran works breeding sheep; she fattens them and then sells them. She has been doing this for three years. She says that she started this business because, when they offered her the loan, she decided to buy sheep and also because it is very convenient for her; she doesn't need to invest a lot of time in it, when she has the time she takes her sheep to the pasture to graze and takes her children with her as well to play with them while the sheep are eating. The only problem Mrs. Fran has is that sometimes her sheep get sick. Whenever she can and has the means to do it, she takes her sheep to a veterinarian to save them. This time she is requesting the loan to purchase four young sheep. She is very grateful for this opportunity because she will be able to buy her animals and sell them in a few months: "With my profit I can help my husband with our living expenses and buy necessary things for the education of our children such as school material, shoes etc., as well as pay their school tuition." The other members of the group are Teresa, who will use the money to sell cosmetics; Alberta and Mr. Mario, who will invest the money in a convenience store; and Rosa, Laura, Francisca and Basilia who will use the loan to buy sheep.

In this group: Laura, Francisca, Basilia, Maria Alberta, Rosa , Mario, Teresa
*not pictured

Translated from Spanish by Kiva volunteer Laura Gasca


Loan details

Loan length:

6 months
Disbursed date: October 30, 2013
Facilitated by Field Partner: VisionFund Mexico

Lenders and lending teams




Loan details

Loan length:

6 months
Disbursed date: October 30, 2013
Facilitated by Field Partner: VisionFund Mexico