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Familia M Group
In this Group: Jesús, Fidencio, Andrea, Juana
"Familia M" already has various cycles working with this institution. The group is formed by four members who are all family, and this is how they chose the name. Doña Juana who is the representative of the group is 46 years old and is married to señor Fidencio. Together for several years, they have a family, but currently do not have dependents.

Doña Juana sells plastics such as fibers, buckets, and tubs as well as other things. She started her business 12 years ago because she enjoys working. Her goal when she began was to have a business in which she herself would administer her time, where she could open and close at the hour she wanted. This time Doña Juana is applying for the loan to buy more merchandise. She is very happy and grateful for the loans from Visionfund and Kiva "...because my business has been able to pick up and grow little by little." Doña Juana is a great person. The only thing she desires is to ensure her quality of life for when she is no longer able to work.

The rest of the group also have their different business activities. Don Jesús will invest in clothing, Don Fidencio in costume jewelry, and Andrea in baby clothing and undergarments. The members of the group are very hardworking and responsible people. They are thankful to the institution for the loans they have been awarded that have made their businesses better and increased their quality of life as a family.
View original language description ↓
“Familia M” tiene ya varios ciclos trabajando con la institución el grupo esta conformado por cuatro integrantes todos son familiares es por eso que eligieron ese nombre. Doña Juana quien es la representante del grupo platica que tiene 46 años de edad esta casada con el señor Fidencio desde hace varios años juntos formaron una familia pero en la actualidad ya no tienen dependientes Doña Juana se dedica a la venta de plásticos como fibras, cubetas, tinas, entre otras cosas, esta vez está solicitando el crédito para comprar más mercancía, la actividad de Doña Juana la inicio desde hace 12 años y platica que la inicio porque le gustaba trabajar. La meta cuando inició su negocio fue tener una actividad donde ella misma administrara su tiempo, donde ella pudiera abrir y cerrar a la hora que quisiera. Doña Juana esta muy contenta y agradecida con el crédito de VisionFund y Kiva "...porque mi negocio se ha podido levantar y crecer poco a poco". Doña Juana ya es una persona grande lo único que desea es asegurar su calidad de vida para cuando ya no pueda trabajar el resto del grupo también tienen sus diferentes actividades productivas como Don Jesús invertirá en ropa, Don Fidencio en Bisutería y Andrea en ropa de bebé y lencería estos son los integrantes del grupo son personas muy trabajadoras y responsables con la institución ya que comentan que gracias al crédito que les han otorgado han podido mejorar sus negocios y su calidad de vida como familia.

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
  • $17,362,500
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Familia M Group's $1,175 loan helped a member to buy plastic products such as buckets, tubs, fibers, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013