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Las Preciosas Group
In this Group: Olivia , Ma Guadalupe, Elisea, Maria Bernave, Brenda
Olivia is 43, married, and has two children who are in school: Juana, age 16, is in the second year of preparatory school; Jonathan, age 10, is in the sixth grade of primary school. Olivia's husband Nicolás is a farmer.
Olivia is a merchant; she has sold fruits and vegetables in the Puerto de Acapulco for nine years. She will invest in the purchase of fruits and vegetables such as: papaya, lemon, melon, and watermelon. She says that the business is going very well and she hopes that it will improve with this loan. She is supporting her family and wants to expand her business.
Olivia belongs to the Las Preciosas group, which has five members, all hard-working women who are dedicated to their work and to getting ahead every day. These women are: Olivia, Ma Guadalupe, Elisea, Maria Bernabé, and Brenda. They each have a business such as: a hardware store; selling groceries; selling fruits and vegetables; a repair shop; etc.
View original language description ↓
Olivia cuenta con 43 años de edad, es casada tiene 2 hijos los cuales están estudiando Juana de 16 años esta en segundo de preparatoria y Jonathan de 10 años esta cursando sexto de primaria, su esposo se llama Nicolás es campesino.

Ella es comerciante vende frutas y verduras en la central de el puerto de Acapulco ya tiene 9 años con el negocio, lo cual invertirá en la compra de verduras y frutas como son: papaya, limón, melón, sandia, etc. Ella dice que le va muy bien con el negocio espera y le vaya mejor esta vez ya que esta sacando adelante a su familia y quiere incrementar el negocio.

Olivia pertenece al grupo las preciosas el cual esta integrado por 5 personas las cuales todas son mujeres trabajadoras y comprometidas con el trabajo y a salir cada día adelante a continuación serán mencionadas: Olivia, Ma Guadalupe, Elisea, Maria Bernabé, Brenda, todas realizan una actividad comercial como son: ferretería, productos de abarrotes, frutas y verduras, vulcanizadota, 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
  • 14
    View loans »
    Mexico Loans Fundraising
  • $17,541,600
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Preciosas Group's $6,725 loan helped a member to buy fruits and vegetables such as: papaya, lime, lemon, watermelon, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2012
Listed
Mar 31, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012