Check out some available loans that are similar to this one!
Reynas Del Sur Group
In this Group: Anabel, Erika, Josefina, Liliana, Maria De Lourdes, Nora Patricia
The communal bank "Reynas del Sur" is a group that is working with Credituyo in Guadalupe. The group has 6 members who are all women, and their names are: Anabel, Erika, Josefina, Liliana, Maria de Lourdes, and Nora. They have been friends and neighbors for more than 10 years, and they understand each other very well because they are all merchants who want to make progress with their respective businesses. The reason that they formed this group is so that they could request loans that would enable them to invest in their businesses.

Nora is one of the members. She is 32 years old, and is the mother of 4 children aged 17, 15, 5 and 3. She is in a common-law marriage with her partner.

Nora plans to use this loan to stock up with merchandise, including seasonal clothing, cosmetics and accessories. In the future, Nora would like to have a big store where she could sell women's clothing and accessories, because right now she is selling in the traveling markets. She wants to become a great businesswoman so that her children will have a happy life without any kind of hardship.
View original language description ↓
EL GRUPO REYNAS DEL SUR ES UN GRUPO, SOLIDARIO CREDITUYO GUADALUPE. ESTA INTEGRADO POR 6 MUJERES SUS NOMBRES SON:
ANABEL,ERIKA,JOSEFINA,LILIANA, MARIA DE LOURDES Y NORA. ELLAS SON AMIGAS Y VECINAS DESDE HACE MAS DE 10 AÑOS, SE ENTIENDEN MUY BIEN ENTRE ELLAS, PORQUE TODAS SON COMERCIANTES Y TODAS QUIEREN SALIR ADELANTE EN SU NEGOCIO.ES POR ESO QUE DECIDIERON FORMAR ESTE GRUPO, PARA SOLICITAR CREDITO Y PODER INVERTIR EN SUS NEGOCIOS.
NORA ES UNA DE LA INTEGRANTES,TIENE 32 AÑOS DE EDAD ES MADRE DE 4 HIJOS DE 17,15,5 Y 3 AÑOS, ELLA VIVE EN UNION LIBRE CON SU PAREJA.
NORA PIENSA UTILIZAR SU CREDITO,EN SURTIR MAS MERCANCIA ROPA DE TEMPORADA, COSMETICOS Y BISUTERIA.
NORA A FUTURO, LE GUSTARIA TENER UNA BOUTIQUE GRANDE CON VENTA DE ROPA PARA DAMA Y ACCSESORIOS, YA QUE EN ESTE MOMENTO ELLA VENDE EN LOS MERCADOS RODANTES. ELLA QUIERE LLEGAR A SER UNA GRAN EMPRESARIA PARA QUE SUS HIJOS TENGAN UNA VIDA FELIZ SIN PRIVACIONES DE NINGUN TIPO.

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
  • 21
    View loans »
    Mexico Loans Fundraising
  • $19,052,100
    Funds lent in using Kiva
  • 13.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Reynas Del Sur Group's $1,775 loan helped a member to stock up with merchandise to increase her inventory of clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 30, 2012
Listed
Jul 9, 2012
Currency Exchange Loss:
Possible
Ended:
May 5, 2013