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Santa Eduwiges Group
In this Group: Adriana, Maria, Geronimo, Juliana, Rosalva, Cristina, Maricela, Aldegunda
This group is named Santa Eduwiges. The members of the group decided to give it this name given that this saint represents humility and solidarity to them.

This story is about Gerónimo because he is the representative of the group. He is 69 years old, single, and does not have children. He has been selling corn and soft drinks for over 30 years. Gerónimo says that he decided to start with this business because he wanted to seek a better quality of life and to enjoy more stable financial solvency.

He will use the loan to buy more corn and soft drinks wholesale in order to continue with his business.

His dream is to build a place to put a grocery store. This way he would continue with his sales, have the business stocked much more, and have a greater variety of products. This way he will get more and improved income. With this he would seure his future because he is elderly.

Gero (as his colleagues know him) is very grateful to the Fundación Realidad and Kiva for the support of the loan they gave him. Thanks to the loan his business will start to improve a lot, but above all, his life will improve.

The members of the group and their business activities are the following:
Adriana – fish market
Maria – greengrocer
Geronimo – soft drink sales
Juliana – corn flour mill
Rosalva – soft drink sales
Cristina – soft drink sales
Maricela – soft drink sales
Aldegunda – food sales
.
View original language description ↓
Este grupo lleva por nombre "Santa Eduwiges" los integrantes del grupo decidieron ponerle este nombre, puesto que para ellos esta Santa representa la humildad y la solidaridad, es por eso que decidieron nombrar de esta manera a su grupo, esta historia es acerca del señor Gerónimo ya que es el representante de este grupo, el cuenta con 69 años de edad y es soltero y no tiene hijos, el se dedica a la venta de maíz y refrescos desde hace mas de 30 años.

Don Gerónimo decidió iniciar con este negocio ya que dice quería buscar la forma de mejorar su calidad de vida y gozar de una solvencia económica más estable, va a invertir su crédito en la compra de mas maíz y refrescos al mayoreo, para así continuar con su negocio.

El sueño que él tiene es el de construir un local para poner una tienda de abarrotes, y así continuar con sus ventas, tenerla mucho mas surtida y con más variedad de productos, puesto que así obtendrá más y mejores ingresos, para con esto asegurar su futuro ya que es mayor de edad.

Don Gero (como mejor lo conocen sus compañeros) está muy agradecido con fundación realidad y kiva por el apoyo del préstamo que le otorgaron ya que gracias a esto su negocio empezara a mejorar mucho pero sobre todo su vida.

Los integrantes del grupo y las actividades que realizan son las siguientes: Adriana-pescadería, Maria-frutería, Geronimo-venta de refrescos, Juliana-molino de nixtamal, Rosalva-venta de refrescos, Cristina-venta de refrescos, Maricela venta de refrescos y Aldegunda-venta de comida.

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
  • 24
    View loans »
    Mexico Loans Fundraising
  • $18,365,750
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Eduwiges Group's $3,050 loan helped a member to buy more corn and soft drink wholesale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2012
Listed
Mar 11, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012