Check out some available loans that are similar to this one!
Santa Monica Group
In this Group: Arely Viridiana, Bredna Flor, Elvia, Laura Rosario, Mayra Del Carmen, Milagros Aleida
The Santa Monica group is a loan support group, which is comprised of 6 people. They are neighbors who have known each other for more than 9 years. Five of them are merchants who make a living by selling shoes, and others sell beauty products. Their names are Arely, Mayra del Carmen, Laura, Brenda, Elvia, and Milagros.

Mayra del Carmen is married and has 2 children who are 13 and 5 years old. She makes a living by selling shoes and food supplements, and has done so for over 6 years. She sells these products to acquaintances and family members.

She really enjoys selling, and does so in her free time so she never neglects her children. Mayra will use the money to stock up on shoes and natural products in order to have a larger inventory in both business areas.

In the future, Mayra would like to have her own business to sell natural products and to offer healthier breakfasts to her neighbors. She also wants to become a shoe store owner, so she can provide a better future for her children and pay for their university studies.
View original language description ↓
EL GRUPO SANTAMONICA ES UN GRUPO SOLIDARIO DE CREDITUYO,ESTA INTEGRADO POR 6 PERSONAS.ELLAS SON VECINAS SE CONOCEN DESDE HACE MAS DE 9 AÑOS, 5 DE ELLAS SON COMERCIANTES SE DEDICAN ALA VENTA DE CALZADO,OTRAS ALA VENTA DE PRODUCTOS DE BELLEZA SUS NOMBRES SON ARELY ,MAYRA DEL CARMEN, LAURA , BRENDA ,ELVIA Y MILAGROS .
MAYRA DEL CARMEN, ES CASADA TIENE 2 HIJOS DE 13 Y 5 AÑOS DE EDAD.
ELLA SE DEDICA ALA VENTA DE CALZADO Y DE SUPLEMENTOS ALIMENTICIOS, DESDE HACE MAS DE 6 AÑOS ELLA VENDE ENTRE SUS CONOCIDOS Y FAMILIARES.
A ELLA LE GUSTA MUCHO LAS VENTAS,YA QUE LO HACE EN SUS RATOS LIBRES PARA NO DESCUIDAR A SUS HIJOS.
MAYRA UTILIZARA SU DINERO PARA SURTIR CALZADO Y PRODUCTOS NATURALES , PARA TENER MAYOR INVENTARIO EN LOS DOS RAMOS.
A MAYRA EN UN FUTURO LE GUSTARIA,LLEGAR A TENER UN LOCAL PARA LA VENTA DE SUS PRODUCTOS NATURALES Y OFRECERLES A SUS VECINAS LA VENTA DE DESAYUNOS MAS NUTRITIVOS .Y TAMBIEN QUIERE LLEGAR A SER DUEÑA DE UNA ZAPATERIA , PARA PODERLES DAR UN MEJOR FUTURO A SUS HIJOS Y PODERLES PAGAR ESTUDIOS UNIVERSITARIOS.

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
  • 17
    View loans »
    Mexico Loans Fundraising
  • $18,540,250
    Funds lent in using Kiva
  • 13.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Monica Group's $1,250 loan helped a member to stock up with food supplements and shoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
May 5, 2013