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Los Olivos Group
In this Group: Rosa, Estela, Ricardo, María Del Carmen, Georgina, Beatriz , Rosa Isela, Ignacio, Maria Del Pilar, Gaudencia, Enedina
Georgina is a hardworking woman who is 35 years old and happily married. She lives with Sr. José Luis who works as a blacksmith and has two children, Jorge Luis, who is 10 years old and is in 5th grade in primary school and a 7 year-old girl, who is in the first grade.

Georgina is a saleswoman who has a grocery store and, thanks to her work, she has moved ahead. She will invest the loan in more merchandise for her little store such as eggs, detergent, milk, soft drinks, etc. since she needs them because her customers request more and these are products that she lacks. As well, she wants to expand her business into a larger space. She cannot complain of her sales because, fortunately, they are doing well. Her store is located in a good spot but in order to earn more income and make more of a profit she needs to stock more merchandise.

Georgina is one of the members of Los Olivos Communal Bank, which consists of nine women and two men, all of them very hardworking. They comprise 11 members, each dedicated to his or her own business. The members are: Rosa, Estela, Ricardo, Maria del Carmen, Georgina, Beatriz, Rosa Isela, Ignacio, Maria del Pilar, Gaudencia and Enedina. They sell groceries, tools and vehicle repairs, bread, empañadas, food, perfume, chickens, soft drinks and stationery.
View original language description ↓
Georgina es una mujer trabajadora, cuenta con 35 años de edad, es casada felizmente vive con el señor José Luis el cual él se dedica a la Herrería y tiene 2 hijos que uno de ellos se llama Jorge Luis tiene 10 años y cursa el 5° de la primaria y la otra niña tiene 7 años y cursa el 1° de la primaria.
Georgina es comerciante la cual tiene una tienda de abarrote que gracias a su trabajo a salido adelante, ella
piensa invertir su préstamo en mas mercancía para su tiendita como son: Huevos, Detergente, Leche, Refrescos, etc, ya que la necesita porque sus clientes le piden más y son productos que le hacen falta, además quiere agrandar su negocio, es decir en un local más grande, no se queja de las ventas por que afortunadamente le va bien, su tienda está situada en un buen lugar pero para tener más ganancias a su beneficio necesita surtirse.
Georgina es una de las integrantes del grupo Los Olivos, que está integrado por 9 mujeres y 2 hombres muy trabajadores que en total son 11 dedicadas a su negocio lo cual se mencionan y el tipo de trabajo que tienen cada una de ellas: Rosa, Estela, Ricardo, María del Carmen, Georgina, Beatriz, Rosa Isela, Ignacio, María del Pilar, Gaudencia, y Enedina que se dedican a la venta de: Productos de Abarrotes, Herramientas y Refacciones para vehículos, Pan, Empanadas, Comida, Perfumes, Pollos, Refrescos, Material de Papelería.

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
  • 22
    View loans »
    Mexico Loans Fundraising
  • $17,954,125
    Funds lent in using Kiva
  • 13.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Olivos Group's $7,225 loan helped a member to invest in groceries, such as eggs, detergent, milk, soft drinks, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
Apr 30, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 28, 2012