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Abril Group
In this Group: Cecilia , Maribel, Rocio, Delfina, Margarita
This communal bank group is called Abril. It is made up of: Señora Cecilia who is going to buy soft drinks, sugar, eggs, oil, cookies, sweets with her loan; Señorita Maribel who is going to buy cable, screws, cleaning products, electrical materials; Señora Roció is going to buy shoes to fill her orders and seasonal catalogues; Señora Delfina who is going to buy toppers (men's hats); Señora Margarita is going to buy cheese, cream, cottage cheese.

Señorita Maribel is 27 years old, single and without children. She has a hardware store in the centre of the community. She is asking for a loan to buy cable, pvc, nails, screws, electrical material and cleaning products. She started the business 2 years ago. She used to work in the capital with her uncles who had a hardware store and decided to set up her own hardware store in her own community. Her business is very important as it a means of independence and having her own business. She is proud of her business which was born of her hard work. She worked for a long time and now she has her own business. Her customers are bricklayers, blacksmiths, housewives, students. She uses the profits to reinvest in merchandise. She is happy with the loan she is going to receive as it is an opportunity to expand her business. Her dreams and hope is to have a family and help her parents any way she can. The members of the group want to say to Kiva and the Fundacion Realidad: "Thanks to you we can start or improve our businesses. Continue helping more people who ask for help."
View original language description ↓
Este grupo solidario se llama Abril, está conformado por la señora Cecilia va a comprar con su préstamo refrescos, azúcar, huevo, aceite, galletas, dulces, la señorita Maribel va a comprar cable, tornillos, productos de limpieza, material eléctrico, la señora Roció va a comprar zapatos para surtir sus pedidos y catálogos de temporada, la señora Delfina va a comprar topper, la señora Margarita va a comprar queso, crema, requesón. La señorita Maribel tiene 27 años de edad, ella es soltera no tiene hijos, ella tiene una ferretería y tlapalería en el centro de su comunidad ella solicito su préstamo para comprar cable, pvc, clavos, tornillos, material eléctrico y productos de limpieza, ella inicio su negocio hace 2 años, ella trabajaba en la capital con sus tíos que tenían su ferretería y decidió poner su propia ferretería en su comunidad, su negocio es importante por ser una forma de independizarse y tener su propio negocio, ella está orgullosa de su negocio de que fue el esfuerzo de su trabajo tanto tiempo estuvo trabajando y ahora tiene su propio negocio, sus clientes son los albañiles, herreros, amas de casa, estudiantes, ella utiliza las ganancia para volver a invertir en mercancía, ella está contenta con este préstamo que va a recibir es una oportunidad de ampliar su negocio, sus sueños y esperanza son formar una familia y ayudarles a sus papas en lo que pueda. Las integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “gracias a ustedes podemos iniciar o mejorar los negocios y que sigan ayudando a mas personas que lo soliciten".

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
  • 13
    View loans »
    Mexico Loans Fundraising
  • $17,541,650
    Funds lent in using Kiva
  • 13.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Abril Group's $1,925 loan helped a member to buy cable, pvc, nails, screws, electrical material and cleaning products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2011
Listed
Nov 20, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012