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Agustin Rubio 1 Group
In this Group: Maria Del Refugio, Ana Lidia, Miguelita De Jesus, Julia Viviana
View original language description ↓
During the week Maria works selling omelets in a local store. This way she earns income to manage her home. Maria is 40 years old and has 5 children. For this reason she must look for work. On Sundays she works in an area in the market where she sells food. She has done this for four years. With the requested loan she would like to purchase merchandise and enlarge her inexpensive little kitchen. The other members of the group are Ana Lidia P. (works selling shoes), Miguelita de Jesus C. (works selling kitchen utensils), and Julia Viviana P. (works selling tacos).

Translated from Spanish by Geoff Rubin, Kiva volunteer




MANERA DE TENER INGRESOS PARA EL HOGAR, DURANTE LA SEMANA SE DEDICA A LA VENTA DE TORTILLAS EN UNA LOCAL DE SU COMUNIDAD OBTENIENDO UNA PEQUEÑA REMUNERACION POR SU MARIA TIENE 40 AÑOS, TIENE 5 HIJOS POR LO QUE TIENE QUE BUSCAR LA TRABAJO Y LOS DOMINGOS CUENTA CON UN ESPACIO EN EL MERCADO EN DONDE VENDE COMIDA LO HACE DESDE HACE CUATRO AÑOS, CON EL CREDITO DESEA COMPRAR MERCANCIA Y AGRANDAR SU COCINITA ECONOMICA, LAS OTRAS INTEGRANTES DEL GRUPO SON ANA LIDIA PÉREZ SE DEDICA A LA VENTA DE ZAPATOS POR CATALOGO, MIGUELITA DE JESUS C. VENDE UTENCILIOS PARA LA COCINA Y JULIA VIVIANA PÉREZ VENDE TACOS.

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
  • 15
    View loans »
    Mexico Loans Fundraising
  • $18,745,125
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Agustin Rubio 1 Group's $1,400 loan helped a member to purchase cooking utensils and products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 28, 2008
Listed
Feb 13, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 12, 2008