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Benito Juarez Group
In this Group: Jazmin , Agustina , Maria Dora , Ceferina , Candido
Benito Juarez is the name of a group that is formed by five members. Each of them is dedicated to a different economic activity. Jazmín has a general store, Agustina sells underwear, Maria Dora sells cosmetics, Ceferina sells clothes and Cándido sells meat. The group is located in a sugarcane region where the main source of employment is agriculture.
Jazmín is a young woman, age 24 who only studied through middle school. She is married to Antonio, who works as a teacher and they are the parents of two young children. Jazmín says that 9 years ago, she and her husband opened a general store with the intention to earn some extra money. After being in business for a while they built a storefront in their home to locate their business there.
With the funds of the Fundación Realidad loan, Jazmín will be able to purchase beans, rice, canned tuna, cooking oil, cookie assortment, soap, chlorine, drinks, canned goods, toilette paper, toothpaste and candy to stock her business.
Jazmin faces challenges in her business at the end of the seasonal labor of the harvest time, because her sales diminish.
She wishes this loan can help her business to keep on growing, because she wants to offer her children the opportunity to study a career.
View original language description ↓
Benito Juarez es el nombre de un grupo integrado por 5 personas cada una de ellas tiene una actividad económica Jazmín venta de abarrotes, Agustina venta de lencería, Maria Dora venta de cosméticos, Ceferina venta de ropa, Cándido venta de carne. Este grupo esta ubicado en una región cañera y su principal fuentes de empleo es el campo en la siembra de caña de azúcar.

Jazmín es una joven de 24 años, solo estudio la secundaria y esta casada con Antonio que trabaja como Maestro y tienen dos pequeños hijos,Jazmín platica que hace más de 9 años con el apoyo de su esposo abrieron un tienda de abarrotes en su hogar con la intención de ganar un poco de dinero extra, tiempo después construyeron un local en la parte de enfrente de su casa para ahí ubicar su negocio.

Con un préstamo de Fundación Realidad, Jazmín podrá comprar frijol, arroz, atún, sopa, aceite, variedad de galletas, jabón, cloro, refrescos, productos en latados, papel de baño, pasta dental y dulces para resurtir su negocio.

Los desafíos que ella enfrenta en su negocio es cuando termina la zafra(cuando el ingenio entra en reparación) ya que sus ventas disminuyen.

Ella desea que con este préstamo su negocio continúe creciendo ya que quiere que sus hijos tengan la oportunidad de estudiar una carrera profesional.

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
  • 16
    View loans »
    Mexico Loans Fundraising
  • $18,610,225
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Benito Juarez Group's $1,775 loan helped a member to purchase beans, rice, canned tuna, cooking oil, cookie assortment, soap, chlorine, drinks, canned goods, toilette paper, toothpaste and candy to stock her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2012
Listed
Nov 6, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013