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Rafael Ramirez Group
In this Group: Dora Elia, Erika, Evangelina, Jovita, Rosa, Roxana
Group Rafael Ramirez is a solidarity group consisting of six people who have been neighbors and friends for the past ten years. Their names are Jovita, Dora, Evangelina, Roxana, and Erika. They are all businesswomen dedicated to the sale of clothing, shoes and food.

Rosa is married and is 64 years old. She has six children who are all married. She lives with her husband and sells in the markets. She works to help her husband with the household expenses. Since his salary is very small it isn't sufficient to live as she would like. Rosa plans to use her loan to buy a structure to establish a post in the market, since she currently displays her merchandise on the ground. She would like to eventually have the largest and best-stocked stall in the market. She sells clothing but also wants to invest in the sale of shoes in order to have more sales and improve her quality of life.
View original language description ↓
EL GRUPO RAFAEL RAMIREZ ES UN GRUPO SOLIDARIO DE GRUPAL ,GUADALUPE ESTA INTEGRADO POR SEIS PERSONAS ,ELLAS SON VECINAS Y AMIGAS, DESDE HACE MAS DE 10 AÑOS.SUS NOMBRES SON JOVITA,DORA,EVANGELINA, ROXANA ROSA Y ERIKA TODAS ELLAS SON COMERCIANTES SE DEDICAN ALA VENTA DE ROPA ZAPATOS Y COMIDA.
ROSA ES CASADA TIENE 64 AÑOS DE EDAD TIENE 6 HIJOS TODOS YA CASADOS ELLA VIVE CON SU ESPOSO, ELLA VENDE EN LOS MERCADOS, TRABAJA PARA AYUDAR A SU ESPOSO CON LOS GASTOS DEL HOGAR. YA QUE EL SUELDO QUE EL RECIBE ES MUY POCO Y NO LE ALCANZA PARA VIVIR COMO ELLA QUISIERA.
ROSA PIENSA UTILIZAR SU CREDITO,EN COMPRAR UNA ESTRUCTURA PARA ESTABLECER UN PUESTO EN EL MERCADO, YA QUE SU MERCANCIA LA TIENE EXIBIDA EN EL SUELO,ELLA QUIERE LLEGAR A TENER ,EL PUESTO MAS GRANDE Y SURTIDO EN EL MERCADO
ELLA VENDE ROPA PERO QUIERE INVERTIR TAMBIEN,EN LA VENTA DE CALZADO.PARA TENER MAS VENTAS Y ASI PODER MEJORAR SU CALIDAD 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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,804,525
    Funds lent in using Kiva
  • 14.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Rafael Ramirez Group's $1,400 loan helped a member to establish a stall in the market.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
Possible
Ended:
May 5, 2013