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La Divina Misericordia Group
In this Group: Emma , Miguelina , Leonor , Lino Iván, Cristal , Felicitas, Juana
The communal bank "Divina Misericordia" (Divine Mercy) is made up of 7 people, each of whom runs a different business:

Emma: fruit and vegetable sales.
Miguelina: shoe sales.
Leonor: nutrition club.
Lino: bakery.
Cristal: beauty salon.
Felicitas: grocery sales.
Juana: grocery sales.

This communal bank is located in the Vicente community, which is a sugar-producing region.

Cristal is one of the members of the communal bank. She is 35 years old, only finished secondary school and is single. She says that since she didn't have the opportunity to continue with her studies, she went to work to earn a living. Shortly after that, she decided to take a course to become a hairstylist and then started her own business. After completing her course, she opened a beauty salon in the center of her community. She has had her business for 4 years, and over time has earned a number of clients. Cristal's customers like her work and the good service they receive. Cristal needs the loan to purchase scissors, dyes, razors, a hair iron, a blow-dryer etc. Cristal hopes that with this investment, her business will continue to prosper so that she can offer an even better service to her customers.
View original language description ↓
El grupo la divina misericordia está integrado por 7 personas, cada una de ellas con una actividad económica distinta:

Emma: venta de frutas y legumbres.
Miguelina: venta de calzado.
Leonor: club de nutrición.
Lino: panadería.
Cristal: estética.
Felicitas: venta de abarrotes.
Juana: venta de abarrotes.

Este grupo está ubicado en la comunidad de Vicente, la cual se caracteriza por estar en una región productora de azúcar.

Cristal es uno de los miembros del grupo tiene la edad de 35 años, solo estudio la secundaria y es soltera. Ella platica que como no tuvo la oportunidad de continuar con sus estudios inició a trabajar para ganarse la vida y un poco después decidió tomar un curso para ser estilista e iniciar a trabajar en su propio negocio. Después de terminar su curso abrió una estética la cual está ubicada en el centro de su comunidad, ella ya tiene 4 años con su negocio y con el paso del tiempo ha logrado hacer muchos clientes ya que a muchas señoras les gusta su manera de trabajar y la buena atención que reciben. Cristal necesita este crédito para comprar tijeras, tintes, navajas, alaciadora, secadora, etc. Cristal desea que con esta inversión su negocio continúe prosperando para dar un mejor servicio a sus clientes.

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

  • $15,600
    Average annual income
  • 26
    View loans »
    Mexico Loans Fundraising
  • $19,060,650
    Funds lent in using Kiva
  • 14.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Divina Misericordia Group's $3,225 loan helped a member to purchase scissors, dyes, razors, a hair iron and a blow-dyer.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 2, 2012