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Cielo Azul Group
In this Group: Dora Maria, Iris Lucero, Karina, Liliana, Maria Guadalupe, Norma
Dora María, member of the group Cielo Azul, is very grateful for the invitation from her neighbors to this loan group to invest in her craft store and craft supplies.

She is the mother of two, and for a while she dreamt of turning her leisure activity - crafts - into a business. Later, she developed this idea to buy merchandise to open a craft store. Although it is still small, it provides basic craft materials to her customers.

She is very content to continue investing in her business since this has allowed her to be an example to her family that one can enjoy what he or she does for a living.
View original language description ↓
Dora María, integrante del grupo Cielo Azul, esta muy agradecida por la invitación de sus vecinas a este crédito grupal para invertir en su mercería y material para manualidades temáticas.
Ella es madre de dos hijos, y hace tiempo tuvo la visión de hacer negocio con una actividad de esparcimiento que tiene para sus tiempos libres, las manualidades. Después, creció esta idea al comprar mercancía para establecer una mercería, todavía pequeña, pero que provee artículos básicos de este genero a sus clientes.
Ella esta muy contenta de seguir invirtiendo en su negocio pues esto le ha permitido ser ejemplo para su familia ejemplo de divertirse trabajando.

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
  • 14
    View loans »
    Mexico Loans Fundraising
  • $17,541,600
    Funds lent in using Kiva
  • 13.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Cielo Azul Group's $3,900 loan helped a member to invest in merchandise for the craft supply store and crafts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012