Check out some available loans that are similar to this one!
Las Rosas Group
In this Group: Marcelina, Maria Elvia, Maria Isabel, Guadalupe, Leonarda*, Elvira, Rosibel, Melchor, Martha, Estela, Juliana
* not pictured
This group is called “Las Rosas” (The Roses). The members of the group decided on this name because the owner of the house they meet in has a garden full of just roses. This story is about Mr. Melchor A. C. since he’s one of the group members. He is 58 years old and married to Eufrocina with whom he has three children: Octavio, Manuel and Sandra, all of whom are married. He’s had a grocery store for over 10 years.

He says that he chose this business because he wanted to find a way to support his wife and children as well as have better economic solvency and an excellent quality of life. Besides, he says that it’s a very good source of income and that’s why he decided to start with this business. He will use the loan he got to continue investing in his store, to buy merchandise like: soft drinks, water, oil, eggs, salt, sugar, milk, beans, soap, toilet paper and other articles, to continue with his sales.

Melchor says that his goal is to cause his store to grow as a business since he wants to build a larger locale because what he most wants to do is turn his small store into a large grocery store to have it better stocked and thus obtain more and better profits.

He says that he knows his fellow group members well and comments that they are very responsible, hard working, trustworthy people who very much want to get ahead and better themselves. In addition, they have never been late or missed any loan payments because they want to continue relying on the support from subsequent loans.

He thanks FRAC and Kiva lenders for giving him the opportunity and for trusting him but, above all, for believing in him since thanks to the help he was able to invest in his business and have a better quality of life and a better future with his wife and family.

The people who make up the Las Rosas group are the following: Marcelina, María Elvia, María Isabel, Guadalupe, Leonarda, Elvira, Rosibel, Melchor, Martha, Estela and Juliana who are in a variety of activities like: clothing store, fruit stand, groceries, fish sales, corn, snack bar, tamale making and butcher shop.
View original language description ↓
Este grupo se llama "Las Rosas", los integrantes del grupo decidieron ponerle este nombre porque la dueña de la casa donde se reúnen tiene un jardín lleno de puras rosas, esta historia es acerca del señor Melchor A. C., ya que es uno de los integrantes que conforman este grupo, cuenta con 58 años de edad, está casado con la señora Eufrocina con la cual tiene tres hijos, Octavio, Manuel y Sandra de los cuales ya todos están casados, el tiene una tienda de abarrotes, con la cual lleva mas de 10 años.

Dice que eligió este negocio, ya que quería buscar la manera de apoyar a su esposa e hijos y sacarlos adelante, para así mismo tener una mejor solvencia económica y excelente calidad de vida, aparte de que dice es una muy buena fuente de ingresos, es por eso que decidió empezar con este negocio, con el préstamo que recibió va a continuar invirtiendo en su tienda, en la compra de mas mercancía como son: refrescos, aguas, aceite, huevos, sal, azúcar, leche, frijol, jabón, papel higiénico y demás artículos, para continuar con sus ventas.

Don Melchor dice que su meta es la de hacer que su negocio crezca empresarialmente, ya que quiere construir un local más grande, puesto que lo que el mas desea es convertir su pequeña tienda en una abarrotería, para de esta forma tenerla muy bien surtida y así obtener más y mejores ganancias.

El dice que conoce muy bien a sus compañeros y nos comenta que son personas muy responsables, gente trabajadora, confiable que tienen ganas de salir adelante y superarse, por lo mismo en ninguna ocasión se han atrasado o fallado con los pagos de su crédito, ya que quieren seguir contando con el apoyo de mas prestamos.

Da las gracias a FRAC y a los prestatarios de kiva, por darle la oportunidad y confianza, pero sobre todo por creer en él, ya que gracias a su ayuda pudo invertir en su negocio y asi tener una mejor calidad de vida junto con su familia y un mejor futuro.

Las personas que conforman el grupo de las rosas son los siguientes: Marcelina, María Elvia, María Isabel, Guadalupe, leonarda, Elvira, rosibel, Melchor, Martha, estela y juliana, quienes se dedican a diferentes actividades como: tienda de ropa, frutería abarrotes, venta de pescados, maíz, refresquería, elaboración de tamales, y carnicería.

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

  • $15,600
    Average annual income
  • 39
    View loans »
    Mexico Loans Fundraising
  • $19,084,475
    Funds lent in using Kiva
  • 11.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Rosas Group's $4,250 loan helped a member to buy soft drinks, water, oil, eggs, salt, sugar, milk, beans, soap, toilet paper and other articles for his store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
May 10, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 16, 2011