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Las Kiwis Group
In this Group: Sara, Marlen, Margarita, Elizabeth , Zenaida
This communal bank is called The Kiwis and is located in Jaloxtoc, Morelos, Mexico. It has 5 members who know each other and are neighbors.
They are asking Fundación Realidad for their first loan.

Zenaida has a candy stand, Elizabeth is going to start to sell shoes, Margarita sells shoes, Sara sells clothing and Marlen has a soft-drink depository.

The group representative is Sara J. V., 45. She finished 2nd grade and she sells women’s clothing. She is asking for a loan to buy merchandise such as denim trousers, blouses and t-shirts. She has been in business for 6 years and plans to use the funds to expand it by having more stock available for her customers thereby increasing profits.

Sara is very happy and grateful to Kiva lenders for the trust they place in her and her group.
View original language description ↓
ESTE GRUPO SOLIDARIO SE LLAMA LOS KIWIS ESTA UBICADO EN LA COMUNIDAD DE JALOXTOC, MORELOS, MEXICO, EL GRUPO ESTA FORMADO POR 5 INTEGRANTES QUE SE CONOCEN Y SON VECINOS Y SOLICITAN SU PRIMER PRESTAMO EN FUNDACION REALIDAD, LA SRA. ZENAIDA TIENE UN PUESTO DE DULCES, LA SRA. ELIZABETH VA INICIAR SU NEGOCIO EN LA COMPRA DE ZAPATOS, LA SRA. MARGARITA VENTA DE ZAPATOS, LA SRA. SARA A LA VENTA DE ROPA Y LA SEÑORA MARLEN DEPOSITO DE REFRESCOS

LA REPRESENTANTE DEL GRUPO ES LA SRA. SARA J. V. TIENE 45 AÑOS DE EDAD, ESTUDIO HASTA EL 2º. AÑO DE PRIMARIA, SE DEDICA A LA VENTA DE ROPA PARA DAMA, ESTA SOLICITANDO SU PRESTAMO PARA LA COMPRA DE MERCANCIA COMO SON PANTALON DE MEZCLILLA, BLUSAS Y PLAYERAS, TIENE 6 AÑOS EN EL NEGOCIO Y CON EL CREDITO PIENSA AMPLIARLO, TENER VARIEDAD DE ROPA PARA OFRECER A SUS CLIENTES Y ASI SUS GANACIAS SE INCREMENTEN

LA SRA SARA ESTA MUY CONTENTA Y AGRADECE A LOS PRESTATARIOS DE KIVA LA CONFIANZA QUE DEPOSITAN EN ELLA Y EN SU GRUPO.




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
  • 24
    View loans »
    Mexico Loans Fundraising
  • $18,365,750
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Kiwis Group's $1,925 loan helped a member to buy denim trousers and ladies' blouses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 14, 2010
Listed
Jun 21, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010