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San Miguel Arcangel Group
In this Group: Delfina Macedonio, Felipa, Marciana, Antonio
This group is called “The Angel of St. Michael”. The members chose this name because they are devoted to this saint. They are confident that he will help them to succeed. Mrs. Delfina is 51 years old and married to a calm man who is also part of the group. They have three children. The oldest two are in their second and third year of college preparatory school. The youngest is in the third year of secondary school. Mrs. Delfina has been a seamstress for the past six years.
She decided to start this business in order to help her children succeed. She wanted to offer them a good education and a good quality of life. The loan that she is requesting will be used to purchase thread, buttons, closures, needles, blankets and elastic at the wholesale level.
Mrs. Delfina’s goal is to grow her business considerably. She is constantly investing in her business in order to have a good assortment of products. She would like to save and buy another sewing machine and give work to another person that needs work.
She gives thanks to FRAC and KIVA for the assistance they have provided. Because of this assistance she has been able to grow her business little by little and change the life of her family.
Her other companions are: Felipa, Marciana and Antonio who work at different activities such as a drink stand, a grocery store and a poultry shop.
View original language description ↓
Este grupo se llama san miguel arcángel los integrantes eligieron este nombre porque todos son devotos a este santo y confían en que él los ayudara para que todo salga bien, la señora delfina cuenta con 51 años de edad y está casada con el señor tranquilino ya que también forma parte de este grupo, tiene 3 hijos los cuales cursan segundo y tercer año de prepa y el menor tercer año de secundaria, ella tiene un taller de costura con el cual lleva 6 años.

Dice que decidió empezar con esta actividad, ya que quería buscar la manera de sacar a sus hijos adelante y ofrecerles una mejor educación y calidad de vida, el crédito que le otorgaron lo va a invertir en la compra de
Hilos, tela, botones, cierres, agujas, manta, elásticos al mayoreo.

La meta que se tiene doña delfina es la de hacer crecer mucho más su negocio, estar invirtiendo constantemente para contar con una amplio surtido, también quiere ahorrar para compra otra máquina de coser y darle trabajo a alguien que lo necesite.

Le da las gracias a FRAC y Kiva por la ayuda brindada ya que por a ello ha podido lograr hacer crecer poco a poco su negocio y así cambiar su vida y la de su familia.

Otros de los compañeros de doña delfina son: Felipa, marciana y Antonio quienes se dedican a diferentes actividades como: deposito de refrescos, pollería y abarrotes.

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
  • 6
    View loans »
    Mexico Loans Fundraising
  • $17,362,500
    Funds lent in using Kiva
  • 14.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Miguel Arcangel Group's $2,375 loan helped a member to buy thread, buttons, closures, needles, blankets and elastic at the wholesale level.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
Jun 5, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012