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Sagrado Corazón Group
In this Group: Carolina, Laura, Yrene, María Cristina
Carolina is a happy, hardworking, entrepreneur. She is 43 years old. She is originally from a picturesque community called Curungueo. She is part of the Sacred Heart group, named after the patron saint of the community. She has a grocery store in a place close to the road. She started the business 18 years ago because her community at the time had no equivalently well stocked store. She didn't want people to have to pay to travel to another location to shop.

In August, she makes wreaths for the dead as it is a tradition in November to decorate the graves of the dead. She makes the wreaths and sells them in a grocery store and sends others to her husband who has a glassworks in the village of Zitacuaro.

Carolina is requesting a loan to purchase non-perishable groceries such as tuna, sardines, pickled chillies, cooking oil, rice, sugar, ground cinnamon, cornstarch, soups, jellies, toilet paper, lentils, poultry seasonings, etc. She wants to improve the selection in her store so that her customers do not go elsewhere to shop. Her goal is to own her own shop so that she no longer has to pay rent.

The other group members include Laura, Yrene, and María Cristina. They will use loan proceeds to buy different brands of shoes to sell, to purchase building materials for sale, and to stock a grocery store.
View original language description ↓
Doña Carolina es una mujer alegre trabajadora y emprendedora, ella tiene 43 años de edad, es originaria de una comunidad pintoresca llamada Curungueo, ella es parte de un grupo el cual se llama Sagrado Corazón ya que es el santo patrono de su comunidad y es por eso que le puso así al grupo. Ella tiene un negocio de abarrotes en un local que cerca de la carretera, dice que puso ese negocio desde hace mas de 18 años y que lo puso en su comunidad por que antes no había una tienda bien surtida y para que la gente de su comunidad no gastara en pasajes para trasladarse a otra población ella abrió su abarrotera. En el mes de agosto ella se dedica hacer coronas para los muertos ya que es una tradición que en el mes de noviembre se les adorne las tumbas a los difuntos. Ella hace las coronas y unas las vende en su tienda de abarrotes y otras se las manda a su esposo quien tiene un vidriería en otra población llamada Zitacuaro. Ahorita ella está pidiendo un crédito para la compra de abarrotes como productos no perecederos como atún, sardina, chiles en vinagre, aceite para cocinar, arroz, azúcar, canela molida, maicena, sopas, gelatinas, papel higiénico, lentejas, sazonadores de pollo etc. ya que quiere mejorar su abarrotera para que sus clientes no se vayan a otros lugares a comprar productos. Su meta es tener su propio local para ya no pagar más rentas. Las otras integrantes del grupo se llaman Laura, Yrene, María Cristina ellas invertirán su crédito en la compra de calzado de diferentes marcas para vender, para la compra de material para construcción para su venta y para surtir una tienda de abarrotes.

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
  • 38
    View loans »
    Mexico Loans Fundraising
  • $18,347,550
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sagrado Corazón Group's $4,175 loan helped a member to buy tuna, sardines, chili peppers in vinegar, cooking oil, rice, sugar, ground cinnamon, cornstarch, soups, jelly, toilet paper, lentils, chicken seasonings, etc., for a grocery store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013