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Francelia 1 Group
In this Group: Oralia, Normayda, Juanita, Yuridia Nayeli
View original language description ↓
Oralia is 48 years old and has three children. For the past three years she has worked selling perfumes and sandals. She distributes this merchandise in the state capital. The income gained from this business is allocated to supporting family expenses and investing in merchandise. With the requested loan Oralia would like to purchase more merchandise and thus spend less on the commute to the city. The other members of her group -- Normayda P. and Yuridia P. -- also work with Oralia. Juanita P. runs a butcher's shop.

Translated from Spanish by Geoff Rubin, Kiva volunteer




ORALIA TIENE 48 AÑOS , TIENE 3 HIJOS, DESDE HACE 3 AÑOS SE DEDICA A LA VENTA DE PERFUMES Y DE SANDALIAS MERCANCIA QUE DISTRIBUYE EN LA CAPITAL DEL ESTADO, LAS GANANCIAS LAS DESTINA AL APOYO EN EL GASTO FAMILIAR Y A LA INVERSION DE SU MERCARCIA, CON EL CREDITO QUIERE REALIZAR UNA COMPRA MAYOR DE MERCANCIA Y ASI GASTAR MENOS EN EL TRANSPORTE HACIA LA CIUDAD DE TUXTLA GUTIERREZ LAS OTRAS INTEGRANTES DEL GRUPO NORMAYDA PÉREZ Y YURIDIA PÉREZ SE DEDICAN AL COMERCIO, JUANITA PÉREZ TIENE UNA CARNICERIA.

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
  • 10
    View loans »
    Mexico Loans Fundraising
  • $17,541,650
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Francelia 1 Group's $1,225 loan helped a member purchase more merchandise in order to obtain more income.
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