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La Juquilita Del Rincón Group
In this Group: Procula, Neida, Francisca, Emiliana, Rufina
The “La Juquilita del Rincón” group was named that way by the members for 2 reasons: it’s the name of the community in which they live and they are devoted to the virgin of Juquilita.

Procula is 43 years old and is married; she has 4 children who are studying (2 boys and 2 girls). She has a little refreshment stand that she opened two years ago. She explains that she decided to open it because of the lack of work in her community and because the only way to make a living is to start your own business.

The loan she is requesting will be used to buy more refreshments, juice and bottles of water to continue her sales.
Procula hopes to buy a refrigerator in order to chill more refreshments. She’s aware that constantly investing and persisting in her business will result in being able to convert her little stand into a bigger place.

She’s grateful to Vision Fund and Kiva for the support and confidence they’ve been given in order to improve their qualities of life and economic solvency.

The members of the “La Juquilita del Rincón” group and their businesses are the following:
Procula and Neida have refreshment stands, Francisca sells groceries and Emiliana and Rufina each have a poultry shop.
View original language description ↓
Este grupo lleva por nombre La Juquilita del Rincón, las personas que lo conforman decidieron ponerle este nombre por 2 razones: una porque así se llama la comunidad donde viven y la otra porque son devotos de la Virgen de Juquila.

La señora Procula cuenta con 43 años de edad y está casada; tiene 4 hijos que aún estudian (2 varones y 2 mujeres). Ella tiene un pequeño depósito de refrescos que abrió hace 2 años. Explica que decidió iniciar con este pequeño negocio por la falta de trabajo que hay en su comunidad y porque la única manera de obtener ingresos era iniciar con un negocio propio. El crédito que pidió lo va utilizar para invertirlo en la compra de más refrescos, jugos y botellones de agua para continuar con sus ventas.

La esperanza que tiene Doña Procula es comprar un refrigerador para poder enfriar más refrescos. Está consciente que siendo constante en la inversión y en el empeño que le ponga a su negocio logrará convertir su pequeña tienda en un depósito más grande.

Está muy agradecida con Vision Fund y Kiva por el apoyo y confianza brindados puesto que así contará con un nivel de vida y solvencia económica mejores.

Las integrantes del grupo La Juquilita del Rincón y las actividades que realizan son las siguientes:

Procula: depósito de refrescos.
Neida: depósito de refrescos.
Francisca: venta de abarrotes.
Emiliana: pollería.
Rufina: pollería.












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
  • $17,294,525
    Funds lent in using Kiva
  • 14.2
    Mexico Pesos (MXN) = $1 USD
Expired
A portion of La Juquilita Del Rincón Group's $2,625 loan helped a member buy refreshments, juices and bottles of water.
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 7, 2012