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El Espacio Group
In this Group: Daniel , Edith, Enelva, Maria Teresa, Ynocencia, Concepción , Silvestra, J Carmen, Ariana *, Oliva , Rosa Elia *
* not pictured
Concepción is 42 years old and married. She has two children, one of which is in the third grade of primary school, and another, Juan. She herself only studied up to the fifth grade of primary school, and then she didn't want to study anymore because she was held back a grade and she didn't want to continue. Her husband is named Juan, and he is an administrator.

She is a merchant who has a small grocery store. She reports that she has had this business for 4 years. She hopes that the loan will help her improve the store. She will invest her loan in buying grocery products such as cooking oil, water, soft drinks, milk, eggs, cookies, etc. Concepción would like the business to grow a little more; she says that she is putting all of her efforts into helping the business grow even more.

Concepción belongs to the group "El Espacio" ["The Space"]. They gave it this name because when they began working with FRAC, it was the only institution that accepted men in a group, and thus there was a space for them. The group is made up of two men and nine women, as follows: Daniel, Edith, Enelva, Maria Teresa, Ynocencia, Silvestre, J Carmen, Ariana, Olivia and Rosa. All of them pursue commercial activities such as selling meat, groceries, soft drinks, chickens, fruits and vegetables, costume jewelry, food, etc.
View original language description ↓
Concepción cuenta con 42 años de edad es casada, tiene 2 hijos uno esta estudiando 3° grado de preparatoria y Juan ella solo estudio hasta quinto de primaria ya no quiso estudiar porque repitió grado y no quiso seguir, su esposo se llama Juan y es intendente.
Ella es comerciante tiene una pequeña tienda de abarrotes la cual dice que tiene desde hace 4 años ella espera que el préstamo le ayude a mejorar el negocio e invertirá su préstamo en la compra de productos de abarrotes como son: aceites, agua, refrescos, leche, huevo, galletas, etc. Concepción le gustaría que el negocio incrementara un poco mas ella dice que le esta echando todas las ganas para que el negocio crezca aun mas.

Concepción pertenece al grupo "El Espacio" lo llamaron así porque cuando iniciaron a trabajar con frac era la única empresa que aceptabas hombres en grupo y pues hubo un espacio para ellos, el cual esta integrado por dos hombres y nueve mujeres a continuación serán mencionadas: Daniel, Edith, Enelva, Maria Teresa, Ynocencia, Silvestre, J Carmen, Ariana, Olivia, Rosa, todas realizan actividades comerciales como carnicería, abarrotes, refrescos, polleria, frutas y verduras, artículos de bisutería, comida, etc.

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
  • 11
    View loans »
    Mexico Loans Fundraising
  • $17,551,825
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Espacio Group's $6,725 loan helped a member to buy soft drinks, eggs, ham, milk, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2012
Listed
Mar 16, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012