Casitas 2 Group


Status: Paid Back

$2,025.00   Loan Request
$2,025.00   Paid Back

About the Group

Group Name: Casitas 2 Group
Group Members: Ysidora Luz Garcia YaÑez
Leticia Del Carmen Hernandez
Dominga Lopez Perez
Maria Virginia Rodas Jimenez
Anita Perez Perez
Maria Margarita Guzman Garcia
Location: Altamirano, Mexico
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $2,025.00
Loan Use: Rent a shop and purchase a scale and fruits to sell
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 22, 2008
Date Disbursed: May 9, 2008
Date Funded:Apr 25, 2008
Loan Ended:Jan 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:10.4625 MXN = 1 USD



Maria Margarita is a 33 year old single mother with two children. She would like to start a business selling fruit in a shop that she would rent across from the Central Park of Altamirano. With the loan, she will invest in the rent for the space and will purchase a scale and fruit to sell. With her profits, she will repay the loan, buy more fruit, and support her children.



The other members of the group are Anita Perez Perez, who sells groceries; Maria Virginia Rodas Jimenez, who sells fruit and vegetables; Dominga Lopez Perez and Ysodora Luz Garcia Yanez, who sell clothing; and Leticia del Carmen Hernandez, who sells traditional delicacies.



Translated from Spanish by Scott Crandall, Kiva Volunteer.



MARIA MARGARITA DE 33 AÑOS DE EDA ES MADRE SOLTERA DE 2 NIÑOS Y DECEA INICIAR UN NEGOCIO DE VENTA DE FRUTAS EN UN LOCAL QUE DECEA RENTAR FRENTE AL PARQUE CENTRAL DEL ALTAMIRANO, CON EL CREDITO DECEA INVERTIR EN LA RENTA DEL LOCAL Y EN LA COMPRA DE UNA BASCULA ASI COMO DE LA FRUTA QUE DECEA VENDER, CON LAS GANACIAS QUE ADQUIERA PAGARA EL CREDITO, COMPRARA FRUTA Y MANTENDRA A SUS HIJOS, LAS OTRAS INTEGRANTES DEL GRUPO SON ANITA PÉREZ PÉREZ VENDE ABARROTES, MARIA VIRGINIA RODAS JIMENEZ VENDE FRUTAS Y VERDURAS, DOMINGA LOPEZ PÉREZ Y YSODORA LUZ GARCIA YAÑEZ, VENTA DE ROPA Y LETICIA DEL CARMEN HERNANDEZ VENDE ANTOJITOS TRADICIONALES.


About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more


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Lenders to this group

Richard
Phoenix, AZ
United States

Chester
Houston, TX
United States

Kelly
Chicago, IL
United States

Judith
St. Peter, MN
United States

Anonymous
Belmont, CA
United States

Fuel4Entreprenuers
Keller, Texas
United States

Catherine Austin
Hickory Valley, TN
United States

Anonymous
Seneca Falls, NY
United States

Bryan
Ann Arbor, MI
United States

Shawn
Webster, TX
United States

Annette
Graham, WA
United States

Patricia
Pittsburgh, PA
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Anonymous
Asheville, NC
United States

Anonymous
Greenville, SC
United States

Adam
San Rafael, CA
United States

Anonymous
DULLES, VA
United States

David
Washington, DC
United States

Caroline
San Francisco, CA
United States

j.c.
Prairie Village, KS
United States

marshall
new york, NY
United States

Paul
New York, NY
United States

Maria Jose
Thunder Bay, Ontario
Canada

Luca and Dushka
MONTARA, CA
United States

Emily
Madison, WI
United States

Arad
San Francisco, CA
United States

Ellen & Dave
Toano, VA
United States

Anonymous
Van Nuys, CA
United States

Janice
Medway, MA
United States

Sara
De Pere, WI
United States

Jason
Irvine, CA
United States

Sabrina
Scotch Plains, NJ
United States

JILL
SUISUN CITY, CA
United States

Ralph
Park Ridge, IL
United States

Lawrence
Columbia, MD
United States

Traci
Austin, TX
United States

Keith
St Louis, MO
United States

Rev. Timmy
New York, NY
United States

Etzell Family
Greenville, OH
United States

simon
Toronto, Ontario
Canada

Marcia
Campbell River, British Columbia
Canada

Karin
Täby, Stockholm
Sweden

Darryl
Winnipeg, Manitoba
Canada

C.H.
Philadelphia Area, PA
United States

John
Elkton, FL
United States

Anonymous

Michael
Brooklyn, NY
United States

Scott
New Braunfels, TX
United States

Karissa
Des Moines, IA
United States

alison
Santa Monica, CA
United States



Journal entries for Casitas 2 Group


Loan has been disbursed
 
Entrepreneur: Casitas 2 Group
Location: Altamirano, Mexico

Thank you for your loan. It has been disbursed to the CASITAS 2 group, consisting of Maria Margarita Guzman Garcia, Anita Perez Perez, Maria Virginia Rodas Jimenez, Dominga Lopez Perez, Leticia Del Carmen Hernandez, Ysidora Luz Garcia YaÑez by AlSol (Alternativa Solidaria Chiapas) in Mexico. We are excited to watch this business grow. Over the next 7 months, AlSol (Alternativa Solidaria Chiapas) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Altamirano, Mexico
May 10, 2008
Comments (1)

Kiva Help Repayment Schedule for Casitas 2 Group

  Expected Repayments Actual Repayments Comments
August 2008 $289.29 $290.00 Repayment Received
September 2008 $289.29 $290.00 Repayment Received
October 2008 $289.29 $290.00 Repayment Received
November 2008 $289.29 $290.00 Repayment Received
December 2008 $289.29 $290.00 Repayment Received
January 2009 $289.29 $285.71 Repayment Received
February 2009 $289.26 $289.29 Repayment Received