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Barrio El Riito Group
In this Group: Luisa , Maria Del Pilar , Antonia , Maria Dionicia , Maria Teresa , Elodia , Rosaura
The group "Barrio El Riito" consists of seven hardworking and responsible women who are working together as a group with Fundación Realidad for the first time. They chose the name for their group because they live near a small river that provides crystal-clear drinking water for the community. On this occasion, the members elected Doña Pilar to be the group representative. She is currently 27 years of age and has been in a common-law relationship for two years with her partner Alvaro. They have a son who does not attend school even though he enjoys learning. However, they lack the funds to send him to school.


Doña Pilar has a grocery store, so she is requesting a loan to restock her business with products she is lacking such as canned goods, milk, bread, eggs, detergents, and other items. Her store does not have a name, but it has been in existence for barely two years. The greatest challenge she faces is not having the resources to acquire more products. There is plenty of competition, so if her store does not have enough stock, it is very difficult for her business to attract customers. Pilar says she started her store because her partner lost his job some time ago. Somehow she found the means to start a business so that she could generate income to improve her quality of life. What she enjoys most about her business is being able to provide good service to her customers. Pilar's goal is to expand her store and turn it into a mini-supermarket with the intention of improving her quality of life and that of her family.


Sra. Pilar and the rest of her group are extremely grateful that they can invest in their businesses:
• Teresa will buy baby chickens and lambs.
• Luisa will buy lambs.
• Anita will buy corn for her animals.
• Rosaura will buy turkeys.
• Dionicia and Elodia will buy chickens and turkeys.

View original language description ↓
El grupo "Barrio el Riito" esta conformado por siete mujeres las cuales son muy trabajadoras y responsables es la primera vez que estan en el grupo y trabajando con la institucion, el nombre del grupo lo han elegido ellos porque se encuentran cercas de un riito pequeño que tiene agua cristalina agua que la comunidad aprovecha para tomar.
Esta vez han elegido como representante del grupo a Doña Pilar quien ha quedado como la representante del grupo ella tiene 27 años de edad por el momento esta viviendo en union libre desde hace dos años con sus pareja Alvaro con quien tiene 1 niño aun no asite a la escuela sin embargo le gusta mucho saber que cada vez le hace falta muy poco para que valla a la escuela. Doña Pilar tiene una tienda de abarrotes esta vez ha solicitado el credito para surtise ya que le hacen falta varias cosas, como productos enlatados, leche, pan, huevo, detergentes entre otras cosas. Su tienda no tiene ningun nombre ya que tiene poco tiempo escasamente dos años, el reto mas grande que tiene que atravesar doña Pilar es la falta de recursos para adquirir mas producto ya que tiene mucha competencia y si no tiene bien surtida la tienda es muy dificil que le lleguen los clientes a su negocio.
Nos comenta que la tienda la inicio ya que su pareja muchas veces se queda sin trabajo y de algun modo tenian que empezar un negocio donde les dejara recursos economicos para mejorar su calidad de vida y lo que mas le gusta de su negocio es darle un buen trato a los clientes.
La meta que tiene Pilar es que su tienda pueda estenderse y llegar a ser un minisuper todo esto lo hace para poder mejorar su calidad de vida de ella y su familia, la señora Pilar y el resto del grupo estan muy agradecidao ya que podran invertir en sus actividades, Teresa comprara pollitos y borregos, Luisa comprara borregos, Anita comprara Maiz para animales, Rosaura comprara guajolotes, Dionicia y Elodia comprara pollos y guajolotes.

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
  • 21
    View loans »
    Mexico Loans Fundraising
  • $18,290,925
    Funds lent in using Kiva
  • 13.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Barrio El Riito Group's $2,225 loan helped a member to buy canned goods, milk, bread, eggs, and other products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2012
Listed
May 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 31, 2012