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Abasolo Group
In this Group: Ma Rocío, Karla Araceli, Ma Concepción, Teresa, Aída, María De Los Ángeles, Victoria, Jorge Alejandro
Karla is 21 years old and is in her first year of law school in her native city, Zitacuaro. She tells us that she chose this career because she is interested in helping other people. She is part of the 'Abasolo' group and says that that the group is called this because of the name of the place where they live. She says that a year ago she started a business selling shoes and clothing from catalogs to be able to help her parents pay for her school. She also says that during the week she helps her mother once in a while at her town's market, and on Sundays outside of her house.

She is single, but since she was very small she has helped her mother with the household chores and with her 3 brothers. She is a dedicated girl, with a desire to get ahead. It is because of that that she is requesting a loan to supply clothing and shoes to have ready, and that her clients have already ordered. She waits enthusiastically for her business to continue to go well to then be able to contribute a little more to her house and help her parents.

The other 7 members of the group are named Rocío, Concepción, Teresa, Aída, María de los Ángeles, Victoria and Jorge. They will invest their loans in different businesses, like in different sweets to supply a stall, for car repairs, for balloons to sell, in womens' clothing to sell, in different brands of clothing from a catalog and to buy corncobs to sew them and sell them when done.
View original language description ↓
Karla tiene 21 años de edad y esta estudiando el primer año para abogada en su natal Zitacuaro, platica que escogió esa carrera por que se le hace interesante el ayudar a las demás personas, ella es parte del grupo Abasolo y dice que llamaron así a su grupo por el nombre del lugar donde viven. Comenta que desde un año empezó con el negocio de la venta por catalogo de zapatos y ropa para poder ayudar a sus padres a pagar su escuela, también dice que entre semana le ayuda a su mama a la venta de menudo en el mercado de su población y los domingos afuera de su casa. Ella es soltera pero desde muy chica le ayuda a su mama con los quehaceres de la casa y con sus hermanos que son 3, ella es una chica dedicada y con ganas de salir adelante es por eso que ella esta pidiendo un crédito a la financiera para surtir ropa y zapatos que tiene pendientes y que sus clientes le han encargado, ella espera con mucho entusiasmo que le siga yendo bien en su negocio para asi poder aportar un poco mas a su casa y asi ayudar a sus padres. Los otros 7 integrantes del grupo se llaman Ma. Rocío, Ma. Concepción, Teresa, Aída, María de los Ángeles, Victoria y Jorge ellos invertirán sus créditos en diferentes actividades económicas como en diferentes dulces para surtir un puesto, en refacciones para carro, en globos para vender, en ropa para dama para vender, en diferentes marcas de zapato por catalogo y en comprar elotes para coserlos y venderlos preparados.




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
  • 16
    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 Abasolo Group's $2,975 loan helped a member to buy different brands of clothing and shoes by catalog to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2012
Listed
Oct 8, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013