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Mercado 16 De Febrero Group
In this Group: Fidelina , Marina , Olga , Carmen
The name of this solidarity group is Mercado 16 de Febrero, which comprises Fidelina, who will use her loan to purchase wholesale whole chickens and vegetables; Marina, who will purchase natural products by the package; Olga, who will purchase wholesale fruits and vegetables (banana, watemelon, melon, pineapple, papaya, onion, potato); and Carmen, who will perform maintenance on loudspeakers, lights, and amplifiers.
Olga is 40 years old and married. She has three children: her son is an engineer, one of her two daughters is in elementary school, and the other goes to university. She sells fruit and vegetables in the market, and fruit drinks, fruit, beans, and peanuts at an elementary school. She requested her loan in order to purchase disposable cups, peanuts, beans, sugar, and fruits and vegetables (mango, pineapple, watermelon, jicama).
She started her business 20 years ago. She worked with a lady selling vegetables in the market and was happy with the sales. Her business is important because it has provided her with many things: enough income for food, clothing, and leasure. She likes selling at the school with the children, and her business is known for its top-quality fruit, which is fresh and tasty.
Her hopes and dreams are that her business will keep growing, and that her daughters will finish school. She wants Kiva and Fundación Realidad to know that “We are grateful for the trust they deposit in us. Thanks to their loans we are able to grow, expand our businesses, and our families are better off. We hope not to dissappoint them and that they continue favoring us with their loans."
View original language description ↓
Este grupo solidario se llama Mercado 16 de Febrero, está Conformado por la señora Fidelina va a comprar con su préstamo pollo entero por mayoreo y verduras, la señora Marina va a comprar productos naturales por paquete, la señora Olga va a comprar frutas y verduras por mayoreo plátanos, sandia, melón, piñas, papayas, cebollas, papas, la señora Carmen va a darle mantenimiento a baffles, luces, amplificadores. La señora Olga tiene 40 años de edad, ella es casada tiene 3 hijos 1 varón que es ingeniero y 2 mujeres una están estudiando la primaria y la joven la universidad, ella vende frutas y verduras en el mercado y aguas frescas, frutas, habas, cacahuate en la escuela primaria, ella solicito su préstamo para comprar vasos desechables, cacahuate, haba, azúcar y frutas y verduras mangos, piñas, sandia, jícama, y verduras, ella inicio su negocio hace 20 años, a ella le gustaron las ventas, ella trabajaba con una señora vendiendo verduras en el mercado y le gustaron las ventas, su negocio es importante porque le ha dado muchas cosas de ahí comen se visten y salen a pasear, a ella le gusta vender en la primaria con los niño, su negocio es conocido por la fruta de primera calidad, fresca y sabrosa. Sus sueños y esperanzas son que su negocio crezca más y que sus hijas terminar su carrera. Ella quiere decirle a Kiva y a Fundación Realidad “les agradecemos la confianza que nos dan, gracias a sus préstamos crecemos los negocio y la familia está mejor esperamos no decepcionarlos y que nos sigan favoreciendo con sus préstamos”.

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
  • 14
    View loans »
    Mexico Loans Fundraising
  • $17,728,850
    Funds lent in using Kiva
  • 14.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mercado 16 De Febrero Group's $4,225 loan helped a member to purchase disposable cups, peanuts, sugar, beans, watermelon, pineapple, melon, banana, papaya, and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 2, 2012