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Cuatro Fantasticos Group
In this Group: Jose Luis, Maribel, Idilberto, Lilia
José Luis is 48 years old. He is married to Soira, who helps him in his grocery store. They have two children who study at secondary school. He is part of a group called 'Los Cuatro Fantásticos' [The Fantastic Four] and he says that they came up with this name because there is four of them, they all commit themselves fully to their work and they are all entrepreneurs who have made their businesses work well.

José Luis has a grocery store in an area called Crescencio Morales, where people still talk and dress according to the Mazahua culture. He says that he has had his business for more than 6 years and he explains that he located it there because there weren't so many shops there before and as he has a good range of products people don't need to travel to other places to buy what they need to live.

Apart from this José Luis also has a couple of taxis in Mexico City and he goes there to work in this activity and watch over it for part of the week. He is requesting a loan from the MFI to buy products such as oil, milk, eggs, sugar, salt, biscuits, toilet paper, chlorine, detergents, soaps, light bulbs, etc. He says that he will stock up from shops in Mexico City in order to well stock his business, which is the best stocked in the area.

The three other members of the group are Maribel, Idilberto and Lilia. They will invest their loan in buying seasonal fruit and vegetables, in a poultry shop to sell chickens per kilo and in a drinks store.
View original language description ↓
El señor José Luis tiene 48 años de edad, el esta casado con la señora Soira la cual le ayuda a cuidar su tienda de abarrotes, ellos tienen dos hijos estudiantes de secundaria. El es parte del grupo llamado los cuatro fantásticos y dice que se les ocurrió ese nombre porque son cuatro integrantes los cuales son personas que le echan muchas ganas al trabajo y muy emprendedores para los negocios que les han funcionado muy bien. El tiene un negocio de abarrotes en una localidad llamada Crescencio Morales donde todavía se habla y se viste la cultura mazahua, dice que tiene con su negocio desde hace mas de 6 años y platica que lo puso porque ahí no había tantas tiendas antes y como tiene muy bien surtida su tienda la gente no se traslada hasta otros lugares comprar lo necesario para vivir. Aparte también don José Luis tiene un par de Taxis en la ciudad de México y parte de la semana se va a trabajarlos para estar al pendiente de ellos. El esta pidiendo un crédito a la financiera para la compra de artículos como aceite, leche, huevo, azúcar, sal, galletas,, papel higiénico, cloro, detergentes, sopas, focos etc. Dice que el surtirá en tiendas en la ciudad de México para tener muy bien surtido su negocio que es el mejor surtido de su localidad. Los otros 3 integrantes del grupo se llaman Maribel, Idilberto y Lilia ellos invertirán sus créditos en la compra de frutas y legumbres de temporada, en una pollería para vender el pollos por kilos y en un depósito de refrescos y jugos.

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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $18,125,250
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD
Expired
A portion of Cuatro Fantasticos Group's $7,700 loan helped a member to stock their grocery store with sugar, milk, eggs, salt, fried foods, drinks, biscuits, oil, etc.
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2012
Listed
Apr 19, 2012
Currency Exchange Loss:
Possible
Expired:
May 19, 2012