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Vicente Guerrero Group
In this Group: Mirna , Paulina , Maria Del Pilar , Vianey Del Carmen

Update on Vicente Guerrero Group

Vicente Guerrero is the name of this group made up of four enterprising women. They chose this name for their group because it is the name of the street where they hold their meetings. Paulina is one of the group members. She is 36 years old, is single, and is a university student. According to Paulina, she opened her own business because it was difficult to find some other kind of work. A little over five years ago, she set up a small grocery store from her home. As time passed, her business has grown and she recently built a small shop where her store is located now. Paulina has many clients and she says that what she likes best about her business, besides earning her own money, is that she is constantly in contact with people and she has been able to make good friendships.

Paulina's store is open every day from 8 a.m. to 8 p.m. She always gives her customers a good deal because this helps to ensure repeat purchases. A loan from Vision Fund will give her the opportunity to restock her store, buying soap, beans, soup, rice, oil, cookies, sweets, fried foods, soft drinks, and canned goods.

Paulina hopes that with this investment in her business, she will increase her earnings and be able to better stock her store.

Mirna sells shoes
Maria del Pilar sells underwear
Vianey sells groceries
View original language description ↓
Vicente Guerrero es el nombre de un grupo integrado por 4 mujeres emprendedoras, ella le dieron poner este nombre a su grupo porque es la calle en la que se ubica el lugar de reunión. Paulina es uno de los miembros de este grupo ella tiene la edad de 36 años, es soltera y estudio la universidad, ella nos platica que no le ha sido fácil encontrar un empleo así que decidió emprender su propio negocio y hace un poco mas de 5 años abrió una pequeña tenda de abarrotes en su hogar con el paso de los años su negocio ha progresado y recientemente construyo un pequeño local en el cual se ubica su negocio actualmente, ella ha ganado muchos clientes y nos dice que lo que mas le gusta de su negocio aparte de ganar su propio dinero es que siempre esta en contacto con la gente y ha hecho buenas amistades. Paulina abre su negocio todos los días de 8:00 AM a 8:00 PM y siempre da un buen trato a sus clientes ya que es lo que ayuda a que vuelvan a comprar con ella, un crédito de Vision Fund le dará la oportunidad de resurtir su negocio comprando jabón, frijol, sopa, arroz, aceite, galletas, dulces, frituras, refrescos y productos enlatados.

ella desea que con esta inversión su negocio deja mas ganancia y si poder surtir con mas productos su tienda

Mirna venta de zapatos
Maria del Pilar venta de ropa interior
Vianey venta de abarrotes

Previous Loan Details

Vincente Guerrero is the name of an integrated group of four enterprising women. They decided to give their group this name because it is the name of the place where they meet up to make their payments. Each one of these women has a job: Silvia and Mirna sell shoes from a catalog; Gloria sells ... More from Vicente Guerrero 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

  • $11,249
    Average annual income
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,777,925
    Funds lent in using Kiva
  • 13.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Vicente Guerrero Group's $2,475 loan helped a member to buy soap, beans, soup, rice, oil, cookies, sweets, fried foods, soft drinks, and canned goods.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Oct 29, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013