Check out some available loans that are similar to this one!
Vicente Guerrero Group
In this Group: Silvia , Mirna , Gloria , Paulina
Vincente Guerrero is the name of an integrated group of four enterprising women. They decided to give their group this name because it is the name of the place where they meet up to make their payments. Each one of these women has a job: Silvia and Mirna sell shoes from a catalog; Gloria sells clothing made of manta (a natural unbleached cotton) and cosmetics; and, lastly, Paulina has a small grocery store. Their group is located in a sugar-producing region where its people make a living through sowing and cultivating sugarcane.

Gloria is 24-years-old, studies in the university, and is single. Five years ago she decided to start working in her own business since she thought that she would earn more being her own boss. She sells clothing made of manta (like shirts, skirts, dresses, and cloth napkins), which is typical for the region, that she goes out to buy in the city of Oaxaca. She also sells cosmetics from a catalog. Gloria makes her sales by going from house to house to offer her products to customers and acquaintances. She said, "sales are good, and when I don't bring a product they place orders and I supply them. I quite like selling in the streets because I meet many people and I sell a lot." She is happy with her business and with the passage of time has managed to get many customers, which helps her increase her earnings.

Gloria will invest her loan in the purchase of a variety of clothing made of manta (shirts, skirts, dresses, and cloth napkins) and cosmetics in order to continue making sales. She hopes that in the future she will continue making sales, that her business will prosper more, and that she will thus have a better life.
View original language description ↓

Vicente Guerrero es el nombre de un grupo integrado por cuatro mujeres emprendedoras, ellas decidieron darle este nombre a su grupo ya que es el nombre del lugar donde se reúnen para realizar sus pagos. Cada una de estas mujeres tiene una actividad económica Silvia y Mirna venden zapatos por catalogo, Gloria vende ropa de manta y cosméticos y por ultimo Paulina tiene un pequeña tienda de abarrotes. El grupo está ubicado en una región productora de azúcar y su gente se dedica a la siembra y cultivo de caña.

Gloria tiene la edad de 24 años, estudió la universidad y es soltera; desde hace mas de 5 años decidió iniciar a trabajar en su propio negocio ya que piensa que se obtienen más ingresos siendo su propio jefe. Ella vende ropa de manta (blusas, faldas, vestidos, servilletas) que compra en la ciudad de Oaxaca, se trata de ropa típica de dicha región. Además, vende cosméticos por catálogo; sale a ofrecer a sus clientes y conocidos sus productos de casa en casa. "Se vende bien y cuando no traigo algún producto, me hacen pedidos y los surto, me gusta mucho vender de ambulante porque conoces mucha gente y se vende más". Gloria está contenta con su negocio y con el paso del tiempo ha logrado hacer muchos clientes lo que le ayuda a incrementar sus ganancias. Gloria invertirá su crédito en la compra de variedad de ropa de manta (blusas, faldas, bestidos, servilletas) y cosméticos para continuar realizando sus ventas. Lo que más desea es continuar realizando sus ventas en un futuro y que su negocio prospere para mejorar sus condiciones de 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
  • 5
    View loans »
    Mexico Loans Fundraising
  • $17,302,825
    Funds lent in using Kiva
  • 14.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Vicente Guerrero Group's $2,300 loan helped a member to buy natural unbleached cotton clothing and cosmetics.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012