Check out some available loans that are similar to this one!
El Nanchito Group
In this Group: Irma, Luisa, Geronima, Fabiana, Patricia, Elia, Virginia, Rosabel , Felicita, Gloria, Catalina
Patricia is 54, married, and her husband's name is Honorino. He is a farmer. She has a daughter, Haylline, who is 6 years old and in first grade of primary school.

She sells clothing, and tells us that she will invest her loan in stocking her business, as she needs to buy clothing to update all her items to the latest styles. For example, she needs to buy more party dresses, casual pants, stylish blouses, as well as ladies' and men's underwear. This way, both Patricia and the customers will benefit. Patricia would double her sales from what she had before, and the customers would get the latest fashions in a style that suits them.

Patricia hopes that things will work out for her this way from now on, thanks to the loan that she has been granted. As well, she will be able to help her daughter succeed in getting an education.

Patricia belongs to the "El Nanchito" group, made up of 11 hard-working women, as follows: Irma, Luisa, Geronima, Fabiana, Patricia, Elia, Virginia, Rosabel, Felicita, Gloria and Catalina. All of them have small businesses such as selling bread rolls, sweet potatoes, clothing, bread, candy and fruit.
View original language description ↓
Patricia cuenta con 54 años de edad, es casada su esposo se llama Honorino y se dedica al campo. Solo tiene una hija Haylline tiene 6 años está estudiando lo cual cursa el 1° de primaria.
Ella se dedica al comercio, en ventas de ropa quien cuenta que invertirá su préstamo en surtir su negocio, ya que necesita comprar ropa para poder actualizar todas las prendas a la moda por ejemplo, necesita comprar más vestidos de fiestas, pantalones casuales, blusas que están a la moda ,ropa interior para dama y para caballero también y así tanto como patricia que es la comerciante y los clientes tendrán un beneficio que para patricia seria lo doble de ventas que tenía en las ventas anteriores y para los clientes seria la actualización de moda en su estilo personal.
La señora patricia tiene la esperanza de que así será su suerte a partir de ahora gracias al préstamo que se le otorgo, también podrá ayudarle a su hija a salir adelante en su educación.
Patricia pertenece al grupo El Nanchito lo cual está integrado por 11 mujeres trabajadoras que a continuación se mencionaran. Irma, Luisa, Geronima, Fabiana, patricia, Elia, Virginia, Rosabel, Felicita, Gloria y Catatalina todas ellas cuentan con actividades comerciales como son: venta de bolillos, venta de camotes, ropa, pan, dulces y frutas

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
  • 13.2
    Mexico Pesos (MXN) = $1 USD
Expired
A portion of El Nanchito Group's $2,575 loan helped a member to purchase clothing.
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
Possible
Expired:
May 24, 2012