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Safiro De Morelos Group
In this Group: Celia, Socorro, Dionicia, Alicia , Juan Carlos , Laura Leticia, Amalia Placida , Miguel Angel
This united group is called “Safiro de Morelos” and includes Celia, Socorro, and Amalia Placida. They will use the money from this loan to buy corn seed, fertilizer, and insecticide. Dionicia will buy Tupperware. Alicia will buy butter, eggs, cooking gas, sugar, cocoa, and jelly. Juan Carlos will buy ladies’, men’, and children’s shoes. Laura will buy creams, lipsticks, mascara, and nail polish. Miguel Ángel will buy king sized bedspreads, placemats, drapes, and sheets.

Young Miguel Ángel is 20 years old, single, and sells bedspreads, and linen. He requested a loan to buy bedspreads, quits, sheets, pillows, and towels. He started his business one year ago after his uncle invited him and he thought it was a good idea. He sells on foot and goes out to offer his products to his neighbors. His business is important because it helps him improve his quality of life and he is proud to sell his products and enjoys meeting other people. He is happy about this loan because it will give him the chance to invest and grow his business. He will use his earnings to reinvest into merchandise so that he can grow his business. His dreams are to have a larger bedspread and linen business and he plans to achieve this dream with the help of his Kiva loans.

The members of the group would like to tell Kiva and Fundación Realidad, “We appreciate your loans. We feel secure knowing that you are helping us grow and live better with our families.”
View original language description ↓
Este grupo solidario se llama Safiro de Morelos, está conformado por las señora Celia, Socorro, Amalia Placida van a comprar con su préstamo semilla de maíz, abono, insecticida, herbicidas, la señora Dionicia va a comprar topperware, la señora Alicia va a comprar mantequilla, huevo, gas, azúcar, cocea, mermelada, el señor Juan Carlos va a comprar zapatos de dama, caballero y niños, la señora Laura va a comprar perfumes para dama, caballero y niños, cremas, labiales, rímel, barniz, el señor Miguel Ángel va a comprar Colchas matrimoniales, individuales, cortinas, sabanas. El Joven Miguel Ángel tiene 20 años de edad, el es soltero, el vende colchas y blancos, el solicito su préstamo para comprar colchas, edredones, sabanas, almohadas, toallas, el inicio su negocio hace 1 año, le invito un tío y le pareció bueno, su negocio es ambulante sale a ofrecer sus productos con sus vecinos, su negocio es importante porque le ayuda a mejorar la forma de vida, el se siente orgulloso de vender sus productos y conocer a otras personas, el esta feliz con este prestamo que va a recibir tiene la oportunidad de invertir y hacer crecer su negocio. El utiliza las ganancias para volver a invertir en mercancía para que crezca el negocio.
Sus sueños son tener un negocio más grande de colchas y blancos y lo pienza lograr con los prestamos de Kiva. Los integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “les agradecemos sus préstamos nos sentimos seguros al saber que nos ayudan a crecer los negocios y vivir mejor con la familia”.

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
  • 42
    View loans »
    Mexico Loans Fundraising
  • $18,365,700
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Safiro De Morelos Group's $2,750 loan helped a member to buy linen and other things.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Mar 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012