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El Sol Group
In this Group: Sacramento , Alvaro , Maria Luisa , Tereso , Teofila , Maria Esther, Mariela
Doña Sacramento is 39 years old and only has an elementary school education. She is married to Don Joaquin, who works as a farm laborer. They have four children who are in elementary school. Doña Sacramento says she always looks for ways to work from home by making small sales so that she can contribute to the household expenses. Three years ago and with the help of her husband, she set aside a space in her house to open a small grocery store. Over the years, it has grown to the point that it has become of one of the better-stocked stores in her community. Doña Sacramento is very pleased with her business, not only for the progress she has made, but also because of the profits that have been used to provide a better quality of life for her family. She also believes that treating her customers well has helped to attract more people to her business. Doña Sacramento will invest her loan in the purchase of powdered soap, beans, rice, cookies, soft drinks, bleach, candy, juices, snack foods, and canned goods to restock her business. She wants her business to continue growing because she desires for her children to have the opportunity to study for a profession.


Doña Sacramento is a member of a group that consists of seven people who are from the community of Buenos Aires. The people who live in this community engage in farm work, such as planting and cultivating sugar cane. In addition, there is only one palm tree that exists in this community.


The other group members and their business activities are as follows:
• Alvaro provides masonry services.
• Maria Luisa sells groceries.
• Tereso sells tortillas.
• Teofila sells soft drinks.
• Maria Esther raises sheep.
• Mariela sells soft drinks.

View original language description ↓
Doña Sacramento tiene la edad de 39 años, solo estudio la primaria y esta casada con don Joaquin que trabaja como campesino, ellos tienen 4 hijos que estudian la primaria, Doña Sacramento nos platica que siempre ha buscado la manera de trabajar desde su hogar realizando pequeñas ventas para poder contribuir con los gastos del hogar, fue hasta hace 3 años que con el apoyo de su esposo logro abrir en un espacio que acondiciono en su casa una pequeña tienda de abarrotes la cual ha crecido con el paso de los años hasta llegar a ser una de las mas surtidas de su comunidad, ella esta muy contenta con su negocio no solo por el progreso que ha tenido su negocio,sino porque le ha servido mucho ya que sus ganancias las utiliza para dar una mejor calidad de vida a su familia, también platica que ella piensa que el dar un buen trato a sus clientes ayuda a atraer mas gente a su negocio. Doña Sacramento invertirá el crédito en la compra de jabon en polvo, frijoles, arroz, galletas, refrescos, cloro, dulces, jugos, sabritas y productos enlatados para resurtir su negocio, ella desea que su negocio continúe creciendo ya que quiere dar a sus hijos la oportunidad de estudiar una profesión.

Doña Sacramento es uno de los integrantes de un grupo integrado por siete personas, cual se encuentra ubicado en la comunidad de Buenos Aires, las personas que habitan esta comunidad se dedican al trabajo del campo a la siembra y cultivo de caña, ademas de que existe una árbol Palma que solo se puede encontrar en esa comunidad.

Los demas integrantes de este grupo y sus actividades son:

Alvaro: servicio de albañilería.
Maria Luisa: venta de abarrotes.
Tereso: venta de tortillas.
Teofila: venta de refrescos.
Maria Esther: cría de borregos.
Mariela: venta de refrescos.

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
  • 12
    View loans »
    Mexico Loans Fundraising
  • $17,551,825
    Funds lent in using Kiva
  • 13.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Sol Group's $1,950 loan helped a member to buy powdered soap, beans, rice, cookies, soft drinks, bleach, candy, juices, snack foods, and canned goods.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2012
Listed
Jun 6, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012