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El Rincon Group
In this Group: Juana, Barbara, Miguel, Maria Petra, Socorro , Maria Elena
This solidarity group is called El Rincón ["the corner"] and is made up of Juana, who will use this loan to buy perfumes, creams, cosmetics, Topperware, and clothing; Barbará, who will buy chickens, corn, and chicken feed; Miguel, who will buy fodder for his calves; María Petra, who will buy bottled water, soft drinks, juices, cream, sugar, and cold cuts; Socorro, who will buy boxes of fruits such as avocados, nectarines, apples, and pears; and María Elena, who will buy a grill, corn, vegetables, and dairy products to make food.

María Petra is 33 years old and stayed in school through her 3rd year of middle school. She is a single mother or 2 boys, ages 12 and 13, who both attend middle school. She owns a food counter, selling soups, stews, dobladas, rice tacos, tortas, pozole,and tamales. She is requesting this loan to buy bottled water, soft drinks, vegetables, meats, oil, and rice. She started her business 3 years ago in response to popular demand from her customers, as the area alongside her house was already highly-trafficked due to the presence of a spiritual healer where many people go for consultations. She started with a loan that her customers gave her and her business is important because it generates income that goes to the food and school expenses of her boys.

She enjoys cooking, is efficient and friendly with her customers so that they will want to come back again for more. She feels proud for getting ahead as a single mother and that her business is popular for the flavorful food, dobladitas and picaditas. She is planning to expand her business by putting up a roof and adding small tables so that it will be a more pleasant place and thinks she manage to do so with her portion of this loan. Her hopes and dreams are to stay in good health, put a roof over her locale and grow her business.

The group members would like to relay the following to Kiva and the Fundación Realidad [Kiva field partner]: "Thank you for giving us the opportunity to keep growing our businesses and have better opportunities to improve our families' lives. Thank you."
View original language description ↓
Este grupo solidario se llama El Rincón, está conformado por la señora Juana va a comprar con su crédito perfumes, cremas, cosméticos, Topperware y ropa, la señora Barbará va a comprar pollos, maíz y alimento para engordar los pollos, el señor Miguel va a comprar forraje y alimento para engordar sus becerros, la señora María Petra va a comprar botellas con agua, refrescos, jugos, crema, azúcar, carnes frías, la señora Socorro va a comprar aguacate, durazno, manzana, peras todo por caja, la señora María Elena va a comprar una parrilla, maíz, verduras, lácteos para elaborar la comida. La señora María Petra tiene 33 años de edad, ella estudio hasta el 3er. año de secundaria, ella es mama soltera tiene 2 hijos varones de 12 y 13 años de edad ellos están estudiando la secundaria, ella tiene su negocio de venta de comida sopa aguada, guisados, dobladas, tacos de arroz, tortas, pozole y tamales, ella solicito su préstamo para comprar botellas de agua, refrescos, verduras, carnes frías, aceite, arroz y carnes, ella inicio su negocio hace 3 años a petición de los clientes ya que es un lugar muy concurrido a lado de su casa está un curandero donde llegan muchas personas a consultas, ella inicio con un préstamo que le dieron, su negocio es importante porque tiene ingresos para la comida y para los gastos de sus hijos de la escuela , a ella le gusta cocinar, tener buena atención y amabilidad con sus clientes para que regresen a consumir sus productos, ella se siente orgullosa de salir adelante ella sola con sus hijos, su negocio es popular por el sazón de la comida, las dobladitas y las picaditas, ella está planeando ampliar su negocio ponerle techo al local y mesas pequeñas para que se este mas bonito y lo piensa lograr con el préstamo que le van a proporcionar, sus sueños y esperanzas son estar bien de salud, poner el techo al local y que crezca su negocio. Los integrantes del grupo quieren decirle a Kiva y a Fundación Realidad, “gracias por darnos la oportunidad de crecer más nuestros negocios y tener mejores oportunidades de vivir mejor con la familia, gracias”. El señor de playera anaranjada y cabello blanco no es integrante del 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

  • $15,600
    Average annual income
  • 18
    View loans »
    Mexico Loans Fundraising
  • $19,049,100
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Rincon Group's $2,125 loan helped a member to buy bottled water, soft drinks, vegetables, meats, oil, rice, and meat to make food for sale.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2011
Listed
Aug 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012