Check out some available loans that are similar to this one!
Nuevo Horizonte Group
In this Group: Hilda , Lourdes , Hosanna, Virginia , Gregorio , Jesica *, Fidel , Adriana , Hermelinda , Carmen
* not pictured
The group "Nuevo Horizonte" (New Horizon) is located in the community of Zona Urbana Ejidal and consists of 10 members:
• Hilda sells food.
• Lourdes sells chickens.
• Hosanna sells meat.
• Virginia sells Mexican street food.
• Gregorio operates a carpentry shop.
• Jesica sells shoes.
• Fidel sells frozen popsicles.
• Adriana sells snacks.
• Hermelinda sells cosmetics.
• Carmen sells shoes.
The members of this group are known for being enterprising and unified.


Don Gregorio is one of the members of this group. He is 34 years old and only has an elementary school education. Gregorio is married and has two children who are in school. He says that he never had the opportunity to study, so his father advised him to learn a trade. Therefore, he became a carpenter and opened a woodworking shop in his home a little more than seven years ago. He believes that he earns more as a result of being his own boss. Gregorio is pleased with what has transpired over the years and that his work attracts customers. He produces all types of products made of wood (beds, chairs, wardrobes, doors, drawers, tables, windows, and armchairs). Some people rave about his beautiful work. Gregorio will invest his loan in the purchase of wood, enamel, varnish, nails, sandpaper, hammers, glue, and paints so that he can continue his work. With this investment, he wants to continue progressing so that he can provide his children with a better education and quality of life.

View original language description ↓
El Grupo Nuevo Horizonte esta ubicado en la comunidad de Zona Urbana Ejidal y esta

integrado por 10 personas Hilda venta de comida, Lourdes venta de pollo, Hosanna

venta de carne, Virginia venta de antojitos mexicanos, Gregorio taller de carpinteria,

Jesica venta de calzado, Fidel venta de paletas heladas, Adriana venta de antojitos,

Hermelinda venta de cosmeticos y carmen venta de calzado, las personas que

integran este grupo se caracterizan por ser muy emprendedoras y unidas.

Don Gregorio es uno de los integrantes de este grupo tiene la edad de 34 años, solo

estudio la primaria, esta casado y tiene 2 hijos que asisten a la escuela, el platica que

como no tuvo la oportunidad de estudiar su padre le aconsejo que aprendiera un

oficio, por lo que se convirtio en carpintero, hace un poco mas de 7 años abrio su

propio taller de carpinteria en su hogar ya que el piensa que se gana mas siendo el su

propio patron, el esta muy contento ya que con el paso de los años y con su trabajo a

ganado clientela, Don Gregorio realiza todos tipo de trabajos a base de madera(camas,

sillas, roperos, puertas, cajoneras, mesas, ventanas, sillones) y algunas personas

paltican que realiza muy bonitos trabajos, el invertira este credito en la compra de

maderas, esmaltes, barnis, clavos, pijas, martillo, resistol y pinturas para continuar

realizando sus trabajos. El desea que con esta inversion su negocio continue

progresando ya que quiere darles a sus hijos una mejor educacio y calidad vida.







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
  • 10
    View loans »
    Mexico Loans Fundraising
  • $17,730,100
    Funds lent in using Kiva
  • 14.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Horizonte Group's $4,950 loan helped a member to buy wood, enamel, varnish, nails, sandpaper, hammers, glue, and paints.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 8, 2012
Listed
May 31, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012