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Centenario Group
In this Group: Virginia , Carmen, José Manuel , Emilia , Maricela , Ana , Ofelia *, Perfecta, Modesta, Josefina
* not pictured
José Manuel is a member of the group Centenario, which is located a lake that most of the town's economy depends on. Most of the people in his town work fishing and selling fish. José Manuel is 24 years old and single. He has a high school education. He decided to open his own business in order to help his family pay its household expenses since the country is in a difficult situation. José Manuel thinks that by running his own business, he can aspire to have a better financial well-being.

He is very content not only to have his own business, but also to be able to offer his service to the community so they may obtain their groceries at low prices and in good quality. José Manuel comments that he got the idea to open his business three years ago because he thinks that this business has a good future since there are no off-seasons for groceries. He thanks God that his business has gone very well for him and that each day he gets more customers.

José Manuel will invest this loan to buy rice, beans, canned goods, sweets, soft drinks, juices, potato chips, soap, detergent, bleach, fabric softener, oil, bread, and flavorings to keep his store going. He hopes that in the future, he will be able to keep giving his family a better quality of life.

The other members of this group are:

Virginia, who sells fish;
Carmen, who sells chicken;
Emilia, who sells clothing;
Ana, who sells cosmetics;
Ofelia, who sells fish;
Maricela, who sells groceries;
Perfecta, who sells fish;
Modesta, who sells soft drinks;
Josefina, who sells food.
View original language description ↓
José Manuel es un miembro del grupo Centenario el cual se encuentra ubicado un lugar donde hay una laguna la cual es la principal fuente de empleo para sus habitantes ya que se dedican a la pesca y venta de mojarra. Él tiene la edad de 24 años, solo estudio la preparatoria se encuentra soltero, José Manuel comenta que decidió iniciar con su negocio porque desea apoyar a su familia con los gastos de su hogar ya que la situación el país es muy difícil y piensa que teniendo su propio negocio puede aspirar a tener un mejor bienestar económico. Él se encuentra muy feliz no solo por tener su negocio sino porque brida a su comunidad una servicio al tener sus abarrotes muy económicos y en buena calidad. José Manuel platica que la idea de tener su negocio nació desde hace 3 años ya que piensa que es un negocio que tiene un provenir ya que no hay temporadas siempre se vende, gracias a Dios ha ido muy bien y día a día tiene más clientes. Él invertirá este crédito en la compra de arroz, frijol, productos enlatados, dulces, refrescos, jugos, papas fritas, jabón de baño, detergentes, cloro, suavizante, cerillos, aceite, pan y aromatizantes para continuar con su negocio. José Manuel espera que en este futuro poder seguir ofreciendo a su familia una mejor calidad de vida.

Los demás integrantes del grupo son:

Virginia venta de pescado,
Carmen venta de pollo,
Emilia venta de ropa,
Ana venta de cosméticos,
Ofelia venta de pescado,
Maricela venta de abarrotes,
Perfecta venta de pescado,
Modesta venta de refresco,
Josefina venta de comida.

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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $18,125,250
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Centenario Group's $2,950 loan helped a member to buy rice, beans, canned goods, sweets, soft drinks, juices, chips, soap, detergent, bleach, fabric softener, oil, bread, and flavorings.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 3, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013