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Banco De Piedra Group
In this Group: Laura, Francisca, Basilia, Maria Alberta, Rosa , Teresa, Patricia

Update on Banco De Piedra Group

Patricia belongs to the Banco de Piedra group. She is 37 years old and is married to Mario. They have been together for 15 years and they have three children who attend school. She sells clothing and shoes by catalog, a business she has had for six months. Previously, she sold cosmetics and says that business was going well but customers asked for other products, like clothes and shoes, so she decided to change products. This time, she is requesting to buy more shoes. Paty, as her friends call her, comments that she likes to socialize with people. Every afternoon, she goes to sell from house-to-house. She says she already has good customers because they come to her house asking for products. Her only difficulty is when her clients are behind in their payments but they end up paying eventually. Paty's goal is to be an entrepreneur with the Avon company, a huge network of people that have achieved more profits and a higher quality of life.

The members of the group are Teresa, who sells cosmetics; Laura, Francisca, Basilia, and Rosa who will buy lambs; and Maria Albertha who will invest in her grocery store. The group "Banco de Piedra" [Stone Quarry] consists of 7 people located in a pleasant community in which people usually are dedicated to growing corn. The name of the group was chosen because they live in a community where there is a stone quarry which they use for constructing their homes.
View original language description ↓
Doña Patricia pertenece al grupo Banco de Piedra ella tiene 37 años de edad está casada con el señor Mario desde 15 años juntos han procreado tres niños los cuales asisten a la escuela, Ella se dedica a la venta de ropa y zapatos por catalogo desde hace seis meses, anteriormente vendía cosméticos dice que el negocio estaba funcionando muy bien pero sus clientes le preguntaban por otros productos como ropa y zapatos por eso decidió cambiar de productos. Esta vez está solicitando un crédito para comprar más zapatos Doña Paty, como la conocen sus amistades, comento “Me gusta socializar mucho con las personas” Todas las tardes sale a dejar mercancía o a ofrecer de casa en casa. Dice que ya tiene buenos clientes porque hasta su casa van a pedirle productos. Su única dificultad es cuando sus clientas se atrasan en sus pagos pero finalmente si terminan de pagar. La meta de Doña Paty es poder ser empresaria dentro de la empresa de Avon formar una red enorme de personas porque su logro estar en ese nivel tendrá más ganancias y podrá mejorar su calidad de vida. Los integrantes del grupo son Teresa quien invertirá en cosméticos, Laura, Francisca, Basilia, Rosa compraran borreguitos, Maria Albertha invertirá en tienda de abarrotes.El grupo “Banco de Piedra” está conformado por siete personas, el grupo se encuentra ubicado en una comunidad muy tranquila donde generalmente las personas se dedican al cultivo de maíz. El nombre del grupo lo eligieron porque en la comunidad donde viven hay un banco donde se extrae la piedra la cual se utiliza para construcción de las viviendas.

Previous Loan Details

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 ho... More from Banco De Piedra Group's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 39
    View loans »
    Mexico Loans Fundraising
  • $22,556,500
    Funds lent in using Kiva
  • 13.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Banco De Piedra Group's $7,025 loan helped a member to buy shoes and clothing to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 19, 2014
Mar 9, 2014
Currency Exchange Loss:
Jul 17, 2014