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Olivo Group
In this Group: Brenda Patricia, Cinthia Lizeth, Jaqueline Janette, Lucia, Patricia, Wendy
Olivo is a solidarity group with six members who fit together very well since they all share a dream, which is to work hard to help their families. They chose the name Olivo because seeing it written down next to them, they liked the name since they are a very happy and fun group. The group meets weekly in Guadalupe NL.

Wendy is one of the group members. She is 33 years old, married, and has three children who are 15, 6, and 6 months old. She started her business when she was very young to improve the life of her first child since she was married very young. Wendy began to sell food from her house, including cheeses and tostadas. Later she went to the market to sell clothing. Wendy's dream is to be able to have her own boutique so that she can give her children better preparation for life so that they can succeed.
View original language description ↓

OLIVO:

Es un grupo solidario de 6 integrantes que se acoplan muy bien ya que todas coinciden en su sueño que es trabajar para poder ayudar a sus familias y traen como nombre Olivo lo escogieron por solo ver el nombre escrito a un lado de ellas se les ocurrió ya que es un grupo muy alegre y divertido. El grupo lleva a cabo sus reuniones semanalmente en Guadalupe NL.

Wendy es una de las integrantes del grupo, tiene 33 años, está casada y tiene 3 hijo de 15, 6, 1/2 años, Empezó su negocio desde muy chica para poder sacar adelante a su primer hijo ya que eran un matrimonio muy joven, Wendy empezó a vender comidas en su casa, luego quesos y tostadas, después se fue a un mercado a vender ropa, el sueño de Wendy es poder llegar a tener su Boutique, para darles una mejor preparación a sus hijos los cuales son el motivo para sobrevivir y salir adelante.

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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,366,525
    Funds lent in using Kiva
  • 13.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Olivo Group's $1,250 loan helped a member to stock up on merchandise for Christmas time.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 23, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 16, 2012