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Azul Group
In this Group: Alicia, Alicia, Bertha Alicia, Carmen Julia, Maria Guadalupe, Maria Teresa
This is a group of enthusiastic women who belong to the group Azul ("Blue"). They are six friends and neighbors who live in the town of Apodaca.

Among them is Carmen, a mother of two children. She began a grocery business in her house one year ago with very good results, even better than she imagined. This is why she has committed herself to this group of enterprising women to take a loan to increase the variety of products and increase the merchandise that she has for sale.

She is confident that this investment will yield good results that she can use to improve her quality of life.
View original language description ↓
Este es un grupo de entusiastas mujeres que pertenecen al grupo de Azul. Son seis conocidas y vecinas que pertenecen al municipio de Apodaca.
Entre sus integrantes se encuentra Carmen, madre de dos hijos. Ella inicio un negocio de abarrotes en su domicilio hace un año y el resultado ha sido muy favorecedor, incluso más de lo imaginaba. Esto la motivo para comprometerse con este grupo de mujeres emprendedoras a adquirir un crédito que le permitiera ampliar la variedad de producto y aumentar la mercancía que hoy tiene a la venta.
Ella confía en que esta inversión rendirá muy buenos frutos, los cuales le ratificaran con una mejor su calidad de vida.

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
  • 8
    View loans »
    Mexico Loans Fundraising
  • $17,540,000
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Azul Group's $2,575 loan helped a member to invest in merchandise to increase the variety of the business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Mar 5, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012