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Marcelino Group
In this Group: Jesus , Fidencio, Andrea, Juana
The group “M.” consists of the following people: Don Jesús, Doña Juana, Don Fidencio and Doña Andrea. They decided to so name the group because they are family and all bear the surname M..

Señor Jesús who is the group representative says that it is the first time they have a loan and they hope that it goes very well as they really need the help to improve their quality of life by means of their businesses and activities.

Don Jesús is 27 years old and has been married to Senora Andrea for 10 years. Together they have 3 children: Jacqueline who is 8 and in the 4th grade, Paola who is 6 and in 1st grade and Jose Antonio who is 4 and in the 2nd year of pre-school.

Señor Jesús started his business because he finds it very hard to pay for his children's schooling. In addition he is also studying a computer course as he thinks it is important to continue learning for life.

Don Jesús has had an underwear business for 10 years. He runs the business 3 days a week: Saturdays, Sundays and Mondays. He has a stall at the local market on these days as the open air market takes place then and it is easier to make some money.

This time he is asking for a loan to buy socks, stockings, underwear for ladies and men. As the problem he currently has is competition, he thinks that it is important to stock the latest underwear at better prices so that he attracts more customers as customers look for low prices and good quality clothing.

In this case, his goal is to improve the quality of his product as well as offer a better price to increase his number of customers.

The rest of the group will invest their loans in other activities for example: Doña Juana will buy plastic products and haberdashery; Don Fidencio will buy fantasies and toys. Andrea will invest in buying babies' clothing.
View original language description ↓
El grupo “M.” está conformado por las siguientes personas: Don Jesús, Doña Juana, Don Fidencio y Doña Andrea. Decidieron ponerle así ya que son familiares y llevan el apellido M..
El señor Jesús quien es el representante del grupo comenta que es la primera vez que están en el crédito esperan que les valla muy bien ya que necesitan mucho la ayuda para mejorar su calidad de vida por medio de sus negocios y actividades.
Don Jesús tiene 27 años está casado con la señora Andrea desde hace 10 años juntos han procreado tres hijos, Jacqueline de 8 años quien está cursando cuarto grado de primaria, Paola de 6 años cursa primero de primaria, José Antonio de 4 años de primaria él se encuentra en segundo año en el preescolar.
El señor Jesús inicio el negocio porque se le hace muy pesado pagar las colegiaturas de sus hijos además el también está estudiando un curso de computación ya que considera importante seguir preparándose para la vida.
Don Jesús tiene un negocio de ropa interior en el negocio lleva 10 años, el negocio lo pone tres días a la semana los sábados, domingos y lunes es un puesto que lo pone en el mercado de su comunidad estos días son los que se realiza el tianguis por eso el aprovecha para ganar algo de dinero.
Esta vez ha solicitado el crédito para comprar calcetines, calcetas, ropa intima para dama y caballero. Ya que el problema que presenta en estos momentos es la competencia que tiene entonces considera importante, tener ropa íntima novedosa y aun mejor precio para que tenga más clientes, ya que los clientes lo que buscan es precios bajos y la calidad de la ropa.
En dado caso su meta seria mejorar la calidad de su producto pero también dar un mejor precio para aumentar la clientela.
Los restantes del grupo invertirán el crédito en otras actividades como doña Juana comprara plásticos y productos de mercería, don Fidencio comprara fantasías y juguetes, Andrea invertirá en la compra de ropa de bebe.

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
  • 43
    View loans »
    Mexico Loans Fundraising
  • $18,365,700
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Marcelino Group's $775 loan helped a member to buy ladies' and men's underwear, socks and stockings.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 8, 2011
Listed
Oct 3, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012