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Express De Xico Group
In this Group: Alvaro, Maria De Lourdes, Catalina , Lilia , Blanca Flor , Ada, Claudia, Yolanda, Erick , Aldo Martin , Silvia
Alvaro is 37 years old, married, and has 6 children. He lives in the community of San Miguel Xico, 1st section, Valley of Chalco Solidaridad, in the State of Mexico.

Alvaro used to work as a butcher in a meat shop, earning a salary which more or less provided for basic expenses. But it didn't cover all of his necessities. For that reason, he decided to open his own business selling beef. He has been attending this business for about 1 year and 3 months. Although his business has prospered, he would like to increase his earnings by selling pork. But he lacks the money to invest.

Recently, he joined others he knew who have similar needs in approaching Fundacion Realidad to solicit a loan to help obtain the funds he needed to invest in his business. They accepted him and, for that reason, Alvaro is requesting a loan to invest in expanding his butcher shop. His major motive is to advance his 6 children in their studies.

Alvaro thanks Fundacion Realidad in advance for the credit he is soliciting. His group is called Express de Xico and the members (and their activities) are as follows:
Claudia Catalog sales of eiderdowns and sheets
Ma. de Lourdes Coverlets
Catalina Making clothing and sweaters
Lilia Pharmacy
Blanca Flor Catalog shoe sales
Ada Linen goods
Alvaro Butcher shop
Yolanda Domestic articles
Erick Internet café
Aldo Aquarium fish
Silvia Groceries
View original language description ↓
Álvaro C. G. tiene 37 años de edad, es casado tiene 6 hijos y vive en la comunidad de San Miguel Xico 1ª. Sección, Valle de Chalco Solidaridad, Estado de México.
El señor Álvaro anteriormente trabajaba como tablajero en una carnicería ganando un sueldo base con el cual solventaba mas o menos sus gastos pero esto no cubría todas sus necesidades por tal motivo se hizo el propósito de abrir su propio negocio de venta de carne de res, el cual atiende desde hace aproximadamente año tres meses, aunque su negocio a prosperado, pero le gustaría incrementar sus ganancias metiendo la venta de carne de cerdo, solo que no le alcanza para su inversión; hace poco se unio con otros conocidos que tienen la misma necesidad y la cual acuden a fundacion realidad para solicitar un crédito y podría serle se mucha ayuda para lo que deseaba meter en su negocio y le agradó la idea es por ello que ahora esta solicitando el crédito los cuales tiene contemplados invertir en su carnicería ya que quiere agrandar su negocio con la única finalidad de poder sacar adelante a sus 6 hijos con sus estudios, el señor Álvaro agradece de antemano a Fundación Realidad por el crédito solicitado que esta de pueda otorgar.
El grupo se a de llamar Express de Xico y los integrantes serán los siguientes:

Álvaro C. G. Carnicería
Claudia O. H. Venta de catalogo (edredones y sabanas)
Ma. De Lourdes Rodríguez P. Venta de catalogo (cobertores)
Catalina Beltrán M. Fabricación de ropa (elaboración de suéteres)
Lilia Rodríguez Rodríguez Farmacia
Blanca Flor V. Suárez Venta de catalogo (zapatos)
Ada V. G. Venta por catalogo (lencería)
Yolanda M. Sánchez Artículos domésticos (clarasol)
Erick R. Márquez Café Internet
Aldo Martín Martínez Beltrán Acuario (venta de peces)
Silvia Beltrán M. Abarrotes





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.

About Mexico

  • $11,249
    Average annual income
  • 11
    View loans »
    Mexico Loans Fundraising
  • $18,605,350
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Express De Xico Group's $2,775 loan helped a member tO BUY MEAT AND DIVERSE PRODUCTS BY CATALOG.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2009
Listed
Jan 5, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2010