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Avenida Lopez Avelar Group
In this Group: Francisca, Preciliana, Carmela, Angela, Tranquilina , María De Los Angeles, Eustolia , Minerva, Alberta Eugenia
This solidarity group is called Avenida López A.. It is located in the community to Jantetelco.

Señora Angela is 34 years old. She lives in a common-law marriage with her husband and they have three children. Lizbeth Natali is 12 years old and Anete is 10 years old. They are in primary school. Erick is 5 years old and is in preschool. She sells Fraiche brand women’s and men’s perfumes through a catalog.

She requested her loan to buy women’s and men’s perfumes and a part of it will also go to feeding her children. She began her business two years ago. Her aunt invited her to do sales and with a loan she received from Kiva and Fundación Realidad she invested in perfumes. She sells her products in Jantetelco and Amayuca. Her business is important because that is how she provides for her children’s school needs. She feels proud of her business because she goes out to sell perfume in her free time and she can care for her children.

She will use the profits to do whatever it takes to feed her children. She is happy with the loan she is going to receive because she will use it to invest in perfumes and will have various fragrances to offer to her customers. Her hopes and dreams are to add on to her house, building more rooms so that her children are more comfortable, and that her children get ahead in their studies.

The group’s members also incluD. Francisca, Angela and Eustolia who are going to buy wholesale perfumes and cosmetics. Señora Precilina is going to buy sodium hypochlorite to make bleach. Señora Carmela will buy bracelets, necklaces and ID bracelets. Señora Tranquilina is going to buy shoes wholesale. Señora María D. los Angeles will buy corn on the cob to sell esquites [corn and chili pepper based snack] and chileatole [savory corn beverage]. Señora Minerva and Señora Alberta will buy wholesale clothing such as blouses, pants, shirts, etc.

The members of the group want to tell Kiva and Fundación Realidad that “we thank them for their loans as there are many needy people, and may they continue helping us with loans.” Jantetelco is a town that has a nice warm climate and a view of the mountains. The people are friendly and it is tranquil with fields of corn, sweet potato, peanuts and sorghum.
View original language description ↓
Este grupo solidario se llama Avenida López A., se encuentra localizado en la comunidad D. Jantetelco, está conformado por las señoras Francisca, Angela y Eustolia van a comprar con su préstamo Perfumes y cosméticos por mayoreo, la señora Preciliana va a comprar hip o clorito para fabricar cloro, la señora Carmela va a comprar pulseras, collares, esclavas, la señora Tranquilina va a comprar zapatos por mayoreo, la señora María D. los Angeles va a comprar elotes para vender esquites y chileatole, las señoras Minerva y Alberta van a comprar ropa blusas, pantalones, camisas etc. por mayoreo. La señora Angela tiene 34 años D. edad, ella vive en unión libre con su esposo, ellos tienen 3 hijos Lizbeth Natali D. 12 años D. edad, Anete D. 10 años D. edad ellas están estudiando la primaria y Erick D. 5 años D. edad está en preescolar, ella venD. perfumes D. dama y C. D. la marca Fraiche por catalogo, ella solicito su préstamo para comprar perfumes D. dama y C. y una parte para la alimentación D. sus hijos, ella inicio su negocio hace 2 años su tía la invito a vender y con el préstamo que recibió D. Kiva y fundación Realidad lo invirtió en perfumes, ella sale a vender sus productos en Jantetelco y Amayuca, su negocio es importante porque D. ahí tiene para lo que necesiten sus hijos en la escuela, ella se siente orgullosa D. su negocio porque sale a vender sus perfumes en su tiempos libre y pueD. atender a sus hijos, las ganancias las utiliza para lo que haga falta para la comida D. sus hijos, ella está feliz con este préstamo que va a recibir porque lo va a ocupar para invertirlo en perfumes y tener varias fragancias para ofrecerles a sus clientes, sus sueños y esperanzas son ampliar su casa construir otros cuartos para que sus niños estén mas cómodos y que sus hijos salgan adelante en sus estudios. Las integrantes del grupo quieren decir a Kiva y a Fundación Realidad “les damos las gracias por sus préstamos, ya que hay muchas personas necesitadas, y que nos sigan ayudando con sus préstamos”. Jantetelco es un pueblo bonito D. clima cálido, se ven los cerros, la gente es amable, tranquila, hay campo siembran maíz, camote, cacahuate, sorgo.

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
  • 26
    View loans »
    Mexico Loans Fundraising
  • $19,067,200
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Avenida Lopez Avelar Group's $3,500 loan helped a member to buy Fraiche brand women's and men's perfumes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2011
Listed
Jul 7, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011