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Moras Group
In this Group: Jose Manuel, Jose Luis, Antonio, Jose Eduardo
José Manuel is 43 years old and is originally from a place where the main economic activity is growing avocados and some other fruits too. He land is very good for cultivation. José Manuel is well known in his community. He is married and his wife and 5 younger children, almost all of them primary school students, depend on him.

José Manuel sells fruits and vegetables in different open-air markets of the region. He has had this business about 8 years. He says that every day at 3:00 AM or 4:00 AM in the morning he leaves to buy some of the fruit he sells. He goes to the supply center in a little village that is near his town and the rest he grows in his back garden of avocados, guavas, loquats, limes, lemons, grapefruit, tangerines, apples, hot peppers, and other produce.

Jose Manuel is asking for a loan in order to continue investing in his fruit and vegetable stand and he will buy carrots, tomatoes, onions, green peppers, squash, peas, and chickpeas, and other items. He believes the loan is going to improve his business because he will have more supplies. His dream is to have his own vehicle, which can travel more rapidly with his products, and to not have to buy so many passenger tickets.

The other three members of the group are called José Luis, Antonio, and José Eduardo and all of them will use their loans to invest in their fruit stands, which help them to provide a better quality of life for their families.
View original language description ↓
José Manuel tiene la edad de 43 años el es originario de una localidad donde la principal actividad económica es el cultivo de aguacate, además entre otros frutos ya que su tierra es muy buena para cultivo. Manuel como es conocido en su comunidad es casado y dependen de el 6 personas su esposa y 5 hijos menores de edad casi todos estudiantes de primaria. Manuel se dedica a la venta de frutas y legumbres en diferentes tianguis de la región, el tiene con ese negocio aproximadamente 8 años, dice que a diario a las 3 o 4 de la mañana sale a comprar parte de la fruta que vende, el va a comprarla a la central de abastos a una población que esta cerca de su localidad y otra el la cultiva en sus huertos de aguacate, guayaba, mispero, lima, limón, toronja, mandarina, chile manzano etc. don Manuel esta pidiendo un crédito para seguir invirtiendo en su puesto de frutas y legumbres el comprara, zanahorias, jitomates, cebollas, chiles verdes, calabazas, chicharos, garbanzos etc. el tiene fe con el crédito que le están haciendo su negocio mejorara por que tendrá mas surtido. El sueño del señor Manuel es tener un vehiculo donde pueda trasladarse mas rápidamente con sus productos y no gastar tanto en pasajes.
Los otros tres integrantes del grupo se llaman José Luis, Antonio, José Eduardo todos ellos lo invertirán en sus puestos de frutas, para así darles a sus familias una mejor calidad de vida a su familias.

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
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 13.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Moras Group's $850 loan helped a member to buy fruit and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2011
Listed
Oct 4, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012