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Ojo De Agua Group
In this Group: Antonia , Victoria , Teresa, Azucena, Alma Delia , Raquel
This community bank is called, "Ojo de Agua," and includes Antonia and Azucena, who are going to use their loan to buy fabric in various colors, lace by the tube, and thread. Victoria is going to buy belts and oil to maintain her machines. Teresa is going to buy mylar balloons. Alma Delia is going to buy canvases and tubes. Raquel is going to buy soft drinks, detergent, milk, sugar, eggs, Bimbo brand bread, and Sabritas brand snacks. Raquel is 50. She studied to be an administrative assistant. She is married and has two sons. One is an adult and isn't in school anymore. The other is in college. She has a grocery store. She requested the loan to buy soft drinks, soap, sugar, eggs, milk, oil, toilet paper, and chilis in vinegar. She is starting a grocery store that her brother-in-law transferred to her. Her business is important because it is a source of income, and she is proud of having her own business. She likes to attend to her customers in a friendly manner. Her hopes and dreams are to expand her store and to have it well-stocked and that her son betters himself and has a career. The members of the group want to tell Kiva and Fundación Realidad, "Thank you for the loans that give us the opportunity to accomplish ourselves in our businesses and our families and to reach our goals and life outlooks. We hope you keep supporting the people who most need it with loans."
View original language description ↓
Este grupo solidario se llama "Ojo de Agua" esta conformado por las señoras Antonia y Azucena van a comprar con su préstamo telas de varios colores, encajes por tubo e hilos, la señora Victoria va a comprar bandas, aceite para mantenimiento de sus maquinas, la señora Teresa va a comprar globos metálicos, la señora Alma Delia va a comprar lonas y tubos, la señora Raquel va a comprar refrescos, detergente, leche, azúcar, huevo, bimbo, sabritas. La señora Raquel tiene 50 años de edad, ella estudio para secretaria ejecutiva, ella es casada ella tiene 2 hijos varones uno mayor de edad ya no estudia y el otro joven estudia bachilleres, ella tiene su tienda de abarrotes, ella solicito su préstamo para comprar refrescos, jabón, azúcar, huevo, leche, aceite, papel higiénico, chiles en vinagre, ella está iniciando en la tienda de abarrotes se la traspaso su cuñado, su negocio es importante porque es una fuente de ingresos y se siente orgullosa de tener su propio negocio, a ella le gusta atender a los clientes amablemente, sus sueños y esperanzas son ampliar la tienda tenerla bien surtida y que su hijo se supere que tenga una carrera. Los integrantes del grupo quieren decirle a Kiva y a Fundación Realidad “gracias por sus préstamos nos dan la oportunidad de realizarnos en los negocios y las familias de lograr nuestras metas y perspectivas de vida y que sigan apoyando con sus préstamos a más personas que lo necesitan”.

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
  • 25
    View loans »
    Mexico Loans Fundraising
  • $18,347,550
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Ojo De Agua Group's $3,325 loan helped a member to buy soft drinks, soap, sugar, eggs, milk, oil, and toilet paper.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2012
Listed
Mar 31, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012