Check out some available loans that are similar to this one!
Los Inversionistas Group
In this Group: Mariana, Eva De Los Milagros, Jose Antonio, Gloria*, Maria Del Carmen, Eva, Maricela, Lucila, Clara, Esmeralda, Esther
* not pictured
Antonio belongs to the Los Inversionistas ["The Investors"] group and has worked with them for 2 years. He says that they gave the group this name because they invest all of the loans requested in their businesses so that they can give their families a better quality of life. Tono, as he is known by his community, is 28 years old and single, and has had a garage for 6 years. He says that he learned this business because it has attracted his attention since he was a child. In secondary school he took a mechanical workshop where he learned to repair cars, and because of this he opened his own workshop. He says that he is requesting this loan to buy tools, and that each tool is quite expensive. He also says that he rents the land where his garage is located and which he occupies for parking and for overnight vehicle storage. He says that his goal and his dream is to buy a large piece of land where he can put his garage and where he does not pay rent as this is money out of his pocket. For this reason he is making great efforts to become known as a good mechanic. The other ten members of the group are also very hard-working and responsible people. Their names are Mariana, Eva de los Milagros, Gloria, Maria del Carmen, Eva, Maricela, Lucila, Clara, Esmeralda and Esther. They all invest their loans in their businesses such as cosmetics and perfume for women and men, shoes by catalogue, seasonal vegetables, material for creating handmade embroidery, the sale of blankets by catalogue and a grocery store.
View original language description ↓
Antonio es parte del grupo Los Inversionistas desde hace 2 años trabaja con el grupo y dice que le pusieron ese nombre porque todo lo que piden de crédito lo invierten en sus negocios para poder darles a sus familias una mejor calidad de vida. Toño como es conocido por su comunidad tiene 28 años de edad es soltero y tiene un taller mecánico desde hace 6 años, dice que emprendió ese negocio porque desde niño le llamaba la atención y en la secundaria llevaba un taller de mecánica y ahí aprendió a arreglar los carros y por eso que él puso su propio taller. Dice que está pidiendo un crédito para la compra de herramienta ya que cada herramienta sale un poco cara, también dice que el renta un terreno donde tiene su taller y donde también lo ocupa como estacionamiento y como pensión para vehículos por la noche. Dice que su meta y su sueño es comprarse un terreno amplio donde pueda poner su taller y donde ya no pague renta ya que son perdidas para su bolsillo es por eso que él le está echando muchas ganas dándose a conocer como un buen mecánico. Los otros diez integrantes del grupo son también personas muy trabajadoras y muy responsables sus nombres son Mariana, Eva de los Milagros, Gloria, Maria del Carmen, Eva, Maricela, Lucila, Clara, Esmeralda y Esther todos ellos invierten sus créditos en sus negocios como en cosméticos y perfumes para dama y caballero, calzado por catalogo, legumbres de temporada, material para elaborar bordados artesanales, venta de cobijas por catalogo y en una tienda de abarrotes.

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
  • 27
    View loans »
    Mexico Loans Fundraising
  • $18,007,650
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Inversionistas Group's $5,225 loan helped a member to buy tools for a garage.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2012
Listed
Mar 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012