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Rio Grande La Cruz Group
In this Group: Norma Basilisia, Eva *, Lucia , Estefana, Teresa, Cecilia, Maribel, Eufemia, Paula, Obdulia, Rosa Maria*, Lucia Cristina, Bernarda, Claudia Elided
* not pictured
This group is called 'Río Grande la C.' because most of the members live in La C. district. This group has 14 members who all work in different business activities to support their families.

The members of this group are: Norma (who sells soft drinks); Eva and Bernarda (who sell fish); Lucia, Cecilia, Maribel and Eufemia (who sell snacks); Estefana (who sells cheese); Teresa (who sells fruit and vegetables); Paula (who sells Herbalife products); Obdulia (who has a dressmaking workshop); Rosa (who sells perfume); Lucia (who sells chilis and seeds) and Claudia (who sells clothes).

Teresa is one of the group's members. She is 47 years old, married to Juan who works in agriculture, and has two children. One of her children already works and the other is studying for his high school diploma.

Lucia has a small fruit and vegetable business in her home. She also sells soft drinks. She requested this loan to buy more products such as tomatoes, onions, garlic, potatoes, chilis, apples, bananas, etc.

Lucia has been in her business for eight years. She started out in her business because she needed to be able to provide her daughter with a profession. Her daughter was moving somewhere else and was going to need money. She says that she started out with a small amount of merchandise but, over time, she gained customers and her sales have improved a little. It is the only business in her district.

Lucia's business is very important to her since it enabled her to fulfil her dream of her daughter studying for a degree. Now her daughter is working and helps her a little financially. Her business continues to be very important because she also wants her son to study for a degree and she hopes to be able to help him achieve this. Her goal is to own her own premises where she can sell her products and she will achieve this through her effort and commitment. The members of this group are very grateful for the support of this loan since it will enable them to invest in their businesses.
View original language description ↓
Este grupo se llama Río Grande la C. porque la mayoría de sus integrantes pertenecen a la colonia que se llama la C., este grupo esta integrado por 14 persona que se dedican a diferentes actividades para el subsidio de sus familias.
Las personas que integran este grupo son las siguientes: Norma (Venta de refrescos), Eva y Bernarda (Venta de pescado), Lucia, Cecilia, Maribel y Eufemia (Venta de antojitos), Estefana (Venta de quesos), Teresa (Venta de frutas y Verduras), Paula (Venta de productos herbalife), Obdulia (Taller de costura), Rosa (Venta de perfumes), Lucia (Venta de chiles y semillas) y Claudia (Venta de ropa).
Teresa es una de las integrantes de este grupo ella tiene 47 años de edad, esta casada con el señor Juan quien se dedica a las labores del campo, tiene 2 hijos de los cuales 1 trabaja y el otro estudia el bachillerato.
Lucia tiene un pequeño negocio en su casa de frutas y legumbres así como también ofrece la venta de refrescos. Ella solicito el crédito para comprar más productos como son: jitomate, cebolla, ajo, papas, chiles, manzanas, plátano, entre otros.
Lucia tiene 8 años con su negocio ella inicio con este negocio debido a la necesidad que tenía de poder darle una profesión a su hija; ya que su hija iba a otro lugar e iba a necesitar dinero. Ella comenta que inicio con un poco de mercancía pero con el tiempo fue adquiriendo clientes y sus ventas han mejorado un poco, además que es el único negocio que existe en su colonia.
Para Lucia es muy importante su negocio ya que el pudo realizar el sueño de su hija de estudiar una carrera y ahora su hija ya trabaja y la ayuda un poco económicamente, aun su negocio sigue siendo muy importante ya que ella quiere que su otro hijo estudie también una carrera y espera poder lograrlo.
Su meta es poder hacer un propio local en donde pueda vender sus productos y eso lo lograra con esfuerzo y dedicación.
Las integrantes de este grupo están muy agradecidas por el apoyo del préstamo ya que con ello podrán invertir en sus negocios

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
  • 21
    View loans »
    Mexico Loans Fundraising
  • $18,324,475
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Rio Grande La Cruz Group's $4,700 loan helped a member to buy fruit and vegetables such as apples, bananas, chilis, onions, tomatoes, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011