Los Solecitos Group


Status: Paid Back

$1,225.00   Loan Request
$1,225.00   Paid Back

About the Group

Group Name: Los Solecitos Group
Group Members: Karla Paola Rodriguez Guzman
Maria Candelaria Martinez Medrano
Maria Del Pilar Alvarado Medina
Maria Esther Guzman Salazar
Location: Guadalupe, Nuevo Leon, Mexico
Activity: Retail

About the Loan

Loan Amount: $1,225.00
Loan Use: Purchase merchandise
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 17, 2008
Date Disbursed: Oct 31, 2008
Date Funded:Oct 17, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Mexico
Avg Annual Income:$11,249.00
Currency:Mexico Pesos (MXN)
Exchange Rate:13.0867 MXN = 1 USD



The Soles Group is composed of 4 members. Mrs. Esther is the group's coordinator. Esther started her business to help her husband cover living expenses. 3 years ago, he was selling toys, souvenirs and other assorted gifts at the local market when he fell ill and she had to fill in and continue selling those item in order to keep paying their household expenses.
Pilar started her business because her husband's income alone was not enough for their family's survival. She started her business 5 years ago when her husband was let go of a job and found a new one that paid less. It was tough at the beginning, so she decided to start selling cosmetics as a way to generate extra income.
Candelaria started her business because her husband was having difficulties finding a job and their children's basic needs were not being met. She started selling shoes thorough catalog orders and, gradually, the business grew and she was able to succeed.
Mrs. Paola started her business 3 years ago because she wanted to take her family on a vacation trip. She began selling perfumes to an acquaintance to raise some money and then she realized it was actually becoming a source of income. Financially, she fell less pressured and decided to dedicate herself 100% to this venture. Subsequently, a relative was bringing perfumes from the U.S.A. at low prices which enabled her to gain more customers.
They need a loan in the amount of US $1225 that will be paid back within 5 months. It will be used to keep buying merchandise and keep their businesses moving forward. With your help, this can become reality.

Translated from Spanish by Bertolt Cantalice, Kiva Volunteer


El Grupo Los Soles esta conformado por 4 integrantes, la Sra. Esther es la coordinadora del grupo.


Esther inicio el negocio para apoyar a su esposo en los gastos de la casa ya que el trabaja vendiendo en el mercado rodante jugetes y articulos de novedad y temporada, el se enfermo un tiempo y ella empezo con la venta de estos articulos para los gastos de su hogar desde hace 3 años.


Pilar inicio el negocio ya que el ingreso de su esposo no era suficiente, empezó hace 5 anos cuando desocuparon a su esposo del trabajo y encontro otro donde le pagaban un poco menos, por lo que fue algo dificl al principio y ella tuvo que buscar una actividad que le generara ingresos extras. dedicandose a la venta de cosmeticos.


Candelaria inicio el negocio ya que su esposo no encontraba trabajo y sus hijos estaban pequeños
y no podia pagar los gastos mas basicos, fue entonces que empezó su negocio de venta de calzado por catalogo, fue surtiendo poco a poco hasta que hizo crecer su negocio y ha podido salir adelante.


porque inicio el negocio hace tres años ya que queria llevar a su familia de vacaciones entonces le empezó a ayudar a vender perfumes a una conocida para obtener mas dinero al ver que empezaron a obtener mas ingresos y verse menos precionados con los gastos decidio dedicarse a esto al 100%, posteriormente un familiar le empezo a traer perfumes de U.S.A. a buen precio y fue asi que empezo a crecer su numero de clientes.


Ellas necesitan de un prestamo por US $1225 que pagara en 5 meses para comprar mercancia y poder continuar con sus negocios, con tu apoyo esto sera posible.


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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Journal entries for Los Solecitos Group


Loan has been disbursed
 
Entrepreneur: Los Solecitos Group
Location: Guadalupe, Nuevo Leon, Mexico

Thank you for your loan. It has been disbursed to the Los Solecitos group, consisting of Maria Esther Guzman Salazar, Maria Del Pilar Alvarado Medina, Maria Candelaria Martinez Medrano, Karla Paola Rodriguez Guzman by Admic Nacional in Mexico. We are excited to watch this business grow. Over the next 5 months, Admic Nacional will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Rebeca Casas Abrego from Guadalupe, Nuevo Leon, Mexico
Oct 20, 2008
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Kiva Help Repayment Schedule for Los Solecitos Group

  Expected Repayments Actual Repayments Comments
January 2009 $245.00 $245.00 Repayment Received
February 2009 $245.00 $245.00 Repayment Received
March 2009 $245.00 $245.00 Repayment Received
April 2009 $245.00 $245.00 Repayment Received
May 2009 $245.00 $245.00 Repayment Received