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Usumacinta 2 Group
In this Group: Josefa, Rosa, Esperanza De Jesus, Rosalinda, Manuela, Dolores
View original language description ↓
Two years ago, Josefa started a small grocery store in her house, where she sells rice, sugar, oil, cookies, soft drinks, pasta, etc. With her loan, she will invest in purchasing more products to stock her store and thus be able to satisfy her clients. She is 48-years-old and has 4 children. She is a member of the Usumacinta 2 group. The other members are doña Dolores D. Pérez, who sells food; Rosa R. D. and Esperanza de Jesús C. R., who sell clothing; and Rosalinda C. R. and Manuela A. Pérez, who are seamstresses.

Translated from Spanish by Tanya Harper, Kiva volunteer


JOSEFA DESDE HACE DOS AÑOS INSTALO EN SU CASA UNA PEQUEÑA TIENDA DE ABARROTES EN DONDE VENDE ARROZ, AZUCAR, ACEITE, GALLETAS, REFRESCOS, PASTAS, ETC. CON SU PRESTAMO INVERTIRA EN COMPRAR MAS PRODUCTOS PARA ABASTECER SU TIENDA Y DE ESTA FORMA PODER SATISFACER A SUS CLIENTES. ELLA TIENE 48 AÑOS, CUATRO HIJOS Y FORMA PARTE DEL GRUPO SOLIDARIO USUMACINTA 2, JUNTO CON DOÑA DOLORES D. PÉREZ (VENTA DE COMIDA), ROSA R. D. Y ESPERANZA DE JESUS C. R. (VENTA DE ROPA), ROSALINDA C. R. Y MANUELA A. PÉREZ (COSTURERAS).

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
  • 4
    View loans »
    Mexico Loans Fundraising
  • $17,310,650
    Funds lent in using Kiva
  • 10.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Usumacinta 2 Group's $1,675 loan helped a member grocery store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 2, 2008
Listed
Feb 16, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2008