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Nueva Realidad Group
In this Group: Angelica, Lidia, Francisco Javier, Maria Raquel

Update on Nueva Realidad Group

Lidia is 47 years old and comes from Curungueo. She is married and has 2 children, one who is in high school and the other is in elementary. Lidia is part of a group called Nueva Realidad ( New Meaning ) and says the group obtained its name because it would create new meaning through the loans and they have helped improve and stabilize her economic standing along with her business. Lidia has been buying and selling clothing for more than 20 years ranging from women's clothing, men and children's clothing and she states she purchases in Mexico and Toluca because she gets more competitive pricing and can later recover a profit. She states that she started the business in order to help her husband with the household expenses and the children's education. She asking for the loan to purchase clothes like: men's shirts, women's jeans, blouses, suits, children's sets, shorts, shirts, etc.. She allows installments to clients she trusts and knows they have a steady income from which they can pay from quickly and not default. She also has a goal of selling shoes through catalog and women's accessories like: bracelets, earrings, necklaces, and hairbands decorated with fine stones. Since she began working with Vision Fund her business has improved due to the loans allowing her to purchase better quality clothing to sell.
The other three members of the group are: Angelica, Francisco, and Maria Raquel who will invest their loans towards their businesses of selling second-hand clothing, purchasing consumables to make mexican snacks, and to stock on catalog sheets and perfumes.
View original language description ↓
Doña Lidia tiene 47 años de edad y es originaria de una localidad llamada Curungueo, ella es casada y tiene dos hijos los cuales estudian una la secundaria y el otro la primaria, ella es parte del grupo llamado Nueva Realidad y dice que le pusieron ese nombre a su grupo por que iba hacer otra vida atravez de los créditos ya que ha mejorado mucho su estabilidad económica y sus negocios. Ella se dedica desde hace mas de 20 años a la compra venta de ropa para dama, caballeros y niños, dice que va a surtirse a la ciudad de México y a Toluca ya que ahí encuentra precios económicos a los cuales ella después les puede ganar algo, dice que comenzó el negocio para ayudarle a su esposo con los gastos de su hogar y para la educación de sus hijos, ella esta pidiendo un crédito para la compra de ropa como playeras para caballero, pantalones de mezclilla para dama, blusas, trajecitos de pants y chamarra, conjuntos para niños, short, playeritas etc. Dice que vende su ropa en pagos a clientas que les tiene la confianza y que tienen un trabajo estable con el cual puedan pagar rápido y no quedarle mal, dice que su meta es también vender zapatos por catalogo y accesorios para dama como pulseras, aretes, collares y diademas de pedrería fina. Dice que desde que entro a trabajar a Visión Fund su negocio a mejorado mucho ya que a través de los créditos a podido comprar ropa de mejor calidad para vender. Los otros tres integrantes del grupo son Angelica, Francisco y Maria Raquel ellos invertirán sus créditos en su negocio de ropa de segunda, en la compra de insumos para elaborar antojitos mexicanos que vende y para surtir colchas y perfumes por catalogo.

Previous Loan Details

Angélica, 29, is married to Juan Carlos and they have two children one of which is attending pre-school. She relates that she used to have a grocery store in her locality six years ago but had to close it because many people failed to pay her and she earned no profits to restock her little gr... More from Nueva Realidad Group's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 15
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Realidad Group's $2,200 loan helped a member to purchase clothing for women, men, children, men shirts, women's jeans, blouses, suits, kid's clothing, shorts, shirts, etc..
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013