Check out some available loans that are similar to this one!
La Vida Nueva Group
In this Group: Fabiola, Griselda, Vianey, Juana
Griselda, 27, is from a community called Macho de Agua. The Visión Mundial México offices are near her house. She has two children, a five-year-old girl and a one-year-old boy. She’s married to Israel who works in construction in Mexico City.

She relates that she’s part of a group called “La Nueva Vida” (The New Life) and she says they named it thus because she says their life has changed through the Vision Fund loans they’ve been granted. She says that her new life is better because she’s given her children better quality of life and now she feels better because she has a business of her own where she’s discovered that she has skills she’d never noticed before, above all how to negotiate with people.

She sells clothes like jackets, pants, sweatshirts, stockings, socks and children’s and women’s underwear. She says that she’s had the business for a little more than six years and she stocks up on clothes every fifteen days in Mexico City and Moroleón because she gets lower prices there and also because she can buy directly from the manufacturers.

The loan will be beneficial because she’ll have a good stock of clothes and she’ll have more variety. She says her goal is to be able to open a locale at home because she does not now have a stable one and she sells clothes to her customers from house to house.

The other three group members are Fabiola, Vianey and Juana and they are going to invest their loans in the purchase of shoes by catalogue to resell to customers, to buy animal feed and to buy pigs to raise and then sell.
View original language description ↓
Griselda tiene 27 años de edad y es originaria de una comunidad llamada Macho de Agua cerca de su casa se encuentra el PDA de Visión Mundial México, ella tiene 2 hijos una niña de 5 años y un niño de un año y está casada con Israel el cual es albañil en la ciudad de México. Platica que ella es parte de un grupo llamado La Nueva Vida y dice que le pusieron ese nombre porque dice que su vida ha cambiado a través de los créditos que VisionFund les ha otorgado dice que si nueva vida es mejor ya que le ha dado a sus hijos una mejor calidad de vida y ella ahora se siente mejor porque tiene un negocio propio en el cual a descubierto habilidades que antes no la había notado más que nada como el negociar con la gente, ella se dedica a vender ropa como chamarras, pants, sudaderas, calcetas, calcetines ropa interior para niños y damas y dice que tiene con su negocio desde hace un poco más de 6 años y cada 15 días surte su ropa en la ciudad de México y en Moroleón ya que ahí le dan bajos precios y también por que compra directo de fabricantes. El crédito le beneficiara por que tendrá surtido su negocio de ropa y tendrá más variedad, dice que su meta es poder hacer un local en su casa ya que no tiene uno estable por que la ropa la ofrece de casa en casa a sus clientas. Las otras tres integrantes del grupo se llaman Fabiola, Vianey y Juana ellas invertirán sus créditos para la compra de zapatos por catalogo para vender a clientela, compra de alimento y compra de cerdos para cría y después venderlos.

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
  • 13
    View loans »
    Mexico Loans Fundraising
  • $19,049,100
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Vida Nueva Group's $1,475 loan helped a member to buy clothes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Sep 26, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 19, 2013