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Polly Pocket Group
In this Group: Concepcion, Elva Idalia, Imelda Alejandra, Imelda, Maria Del Carmen, Rosalba Guadalupe, Rosalva
Concepción es a member of the “Polly Pocket” group which es located in the town of Guadalupe. She’s a wife, mother and owner of her own micro business. She’s been selling second-hand clothes for more than 10 years. She noted that this type of merchandise was in high demand so she ventured to inject capital into the business in order to sell new clothes.

She recently started to add to her sales something she started as a hobby: costume and fine jewelry. She decided to take on the commitment of a loan to continue with her clothing business but also to buy raw materials to nourish her new products and with it start to sell the creations that spring from her imagination. Concepción is convinced that what she does with determination will yield fruits.
View original language description ↓
Concepción, es una integrante del grupo Polly Pocket, grupo que se encuentra en el municipio de Guadalupe. Ella es esposa, madre y dueña de su propio micronegocio. Tiene más de 10 años vendiendo ropa de segunda, se dio cuenta que la mercancía tenía demanda, así que se animo a inyectar capital a su negocio para poder vender ropa nueva.
Hace poco empezó a incluir en sus ventas, algo que inicio como hobbie: bisutería y joyería. Decidió tomar el compromiso de un crédito para seguir con su negocio de ropa, pero también para comprar materia prima que nutriera su nuevo producto y con ello, ha comenzado a comercializar creaciones que han nacido de imaginación.
Concepción, esta convencida que lo que hace con decisión le produce frutos.

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
  • 16
    View loans »
    Mexico Loans Fundraising
  • $17,728,850
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Polly Pocket Group's $7,050 loan helped a member to buy costume jewelry merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2012
Listed
Sep 21, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012