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Grupo Galaxia Group
In this Group: Alma Delia, Ana Lilia, Bertha Alicia, Graciela, Imelda, Irma, Maria De Los Angeles
The group Galaxia comprises seven entrepreneurs residing in the town of Apodaca. These women decided to get together so that they could receive a group loan, because they motivate each other to get ahead.
Imelda is one of its members. She was married some time ago, but that relationship ended. When that happened, she was no longer in the job market, so this prompted her to set up her own business, in order to become self-employed and independent.
Little by little, she gradually formulated her home decor and novelties business, and today she is committed again to investing a loan in her business, so that she may have better products and more variety.
She is confident that this action will allow her to improve and grow.
View original language description ↓
El grupo Galaxia esta constituido por siete emprendedoras vecinas del municipio de Apodaca. Ellas decidieron reunirse para adquirir un compromiso de crédito de manera grupal pues mutuamente se motivan para salir adelante.
Imelda es una de sus integrantes. Hace tiempo estuvo casada, pero su unión concluyo. Cuando sucedió lo anterior, ella ya se encontraba fuera del mercado laboral, esto la impulso a establecer un negocio propio para poder ser independiente y autónoma.
De poco a poco, fue delineando su negocio de decoración y novedades para el hogar y ella hoy se compromete nuevamente con un crédito para invertir en su negocio para tener mejores productos y mayor variedad.
Esta segura que esta acción le permitirá mejorar y crecer.

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

  • $15,600
    Average annual income
  • 12
    View loans »
    Mexico Loans Fundraising
  • $18,789,925
    Funds lent in using Kiva
  • 13.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Galaxia Group's $5,475 loan helped a member to invest in business merchandise (notions and home decor products).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 16, 2012