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Renacer Group
In this Group: Rosalba, Francisca, Rosario, María Elisa, María Del Lourdes, Juan José, Elizabeth, María Guadalupe, José Luis
María Guadalupe, 20, is single and lives with her parents. She belongs to the Renacer communal bank, and this is its first loan cycle. She says that it is hard to find a responsible communal bank, so she decided to work with Vision Fund. She had been told that the credit institution was committed to its borrowers and that her group made its payments.

A year ago, María Guadalupe set up an Internet cafe in her house since she was no longer in school. She started a business to earn income to help her parents with her siblings' expenses. She chose this business because she is familiar with computers and has taken information technology courses. She began by doing work that students sent to her. She bought one computer, then another, and soon had three to rent and one to use herself. She is applying to Vision Fund for a loan to buy a multi-purpose printer that can scan and make color copies, since she already has a black-and-white printer. Having this printer will add business. She also wants to buy cartridges for her other printer, CDs to burn, white paper, pencils, and so forth. She dreams of having more computers because at times her customers get tired of waiting for one and she loses the business. She believes that the investment will turn out well because she wants to work hard and get ahead.

The other eight members are Rosalba, Francisca, Rosario, María Elisa, María de Lourdes, Juan José, Elizabeth, and José Luis. They will purchase items and supplies for their businesses: a school cooperative; sales of sweets and candies; auto spare parts store; costume jewelry sales; small appliance repair; homemade corn tortillas sales; and an ironworks shop.
View original language description ↓
María Guadalupe tiene 20 años y es soltera y vive con sus papas, ella es parte del grupo “Renacer” plática que es la primera vez que se mete a un crédito, dice que es muy difícil encontrar un buen grupo en el cual sean comprometidos con su crédito, es por eso que ella decidió trabajar con VisionFund por que le han dado referencias de que la financiera es comprometida con las gentes que piden sus créditos y por que el grupo donde se metió es cumplido en sus pagos. Dice que desde hace un año ella puso un café internet en su casa ya que no continuo estudiando ella decidió poner un negocio donde ella pudiera sacar ganancias para ayudar a sus papas con los gastos de sus hermanos. Platica que puso ese tipo de negocio por que le sabe a la computación ya que en ha tomado cursos de informática y por eso también puso el negocio. Comenta que ella empezó haciendo trabajos que los jóvenes de las escuelas le mandaban hacer y que después compro una computadora y luego otra y ahorita en total tiene 3 que renta y uno que tiene en uso y ahorita está pidiendo a Visión Fund un crédito para poder comprar una impresora multiusos la cual escanee y saque copias y saque las impresiones a color ya que tiene una a blanco y negro y teniendo esta impresora tendrá más clientela, también dice que quisiera comprar cartuchos para su otra impresora, discos para quemar, hojas blancas, lapiceros etc. Dice que su sueño es tener más computadoras ya que abeces los clientes se desesperan por agarrar una y son pérdidas que tiene. Platica que ella confía que le irá bien con el crédito ya que tiene muchas ganas de trabajar y salir adelante. Los otros ocho integrantes del grupo se llaman Rosalba, Francisca, Rosario, María Elisa, María de Lourdes, Juan José, Elizabeth y José Luis ellos invertirán en sus negocios de compra de artículos e insumos para surtir cooperativa escolar, en dulces de diferentes sabores, en una refaccionaria para autos, en bisutería para vender, en refaccionaria para arreglar aparatos eléctricos, para la compra de maíz para elaborar tortillas a mano que vende en su casa y en material para una herrería.



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
  • 6
    View loans »
    Mexico Loans Fundraising
  • $17,731,700
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Renacer Group's $3,900 loan helped a member to buy a mulit-purpose printer and supplies for an Internet cafe.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2013