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America (Flat) Group
In this Group: Guadalupe , Teresa De Jesus, Lucia Emilia, Marcelina , Enriqueta, Maria
The "America" communal bank is comprised of six people. Each one of them runs a business with the goal of improving their families' living conditions: Guadalupe sells refreshments, Teresa sells cosmetics, Lucia Emilia sells chicken, Enriqueta sells shoes, and Maria sells tortillas. This communal bank is located in San Miguel Soyaltepec, which is known for being on the shores of the Cerro de Oro lake.

Teresa is 30 years old. She completed middle school and she's married to Ivan. They have two children; the eldest one goes to elementary school and the younger one attends preschool. Teresa was taught to work at a very young age. When she got married, she wanted to keep on working in order to help her husband acquire assets for the family they intended to start. That's why she began selling shoes and cosmetics by catalog to her friends within the community. She sells door-to-door by showing her catalogs and taking orders which she then provides and delivers. She reports that she doesn't need to go out to other villages to sell because her community is large. She also reports that since she has been in the business for several years, even on the few occasions when she doesn't go out, people come to her to request her catalogs. What Teresa enjoys the most about her business is that she works during her free time and earns her own money. A loan from Visión Fund will allow her to purchase a variety of perfumes, eye shadows, nail polishes, eyeliners, makeup, lipsticks and shoes.
She wishes that her business continues to do well so that she can keep on providing her little ones with an education. She'd like to invest her profits in the purchase of costume jewelry.

This communal bank gives thanks for the support that Visión Fund provides through these loans.
View original language description ↓

El Grupo America esta conformado por 6 personas cada una de ellas desarrolla una actividad economica con el objetivo de brindar a sus familias una mejor calidad de vida : Guadalupe venta de refrescos, Teresa venta de cosmeticos, Lucia Emilia venta de pollo, Enriqueta venta de zapatos, Maria venta de tortillas. Este grupo se encuenta ubicado en San Miguel Soyaltepec el cual se caracteriza por estar a la orilla de la presa de Cerro de Oro.

Teresa tiene la edad de 30 años, estudio secundaria y esta casa con Ivan, ellos tiene 2 hijos el mayor estudia la primaria y el mas pequeño asiste al preescolar, Teresa platica que desde muy pequeña la enseñaron a trabajar y cuando se caso quería seguir haciéndolo para ayudar a su esposo a forjar un patrimonio para la familia que esperaban tener, así que inicio a vender calzado y cosméticos por catalogo con sus amigos de la comunidad, ella realiza sus ventas de casa en casa va mostrando sus catálogos y levantando pedidos los cual posteriormente surte y entrega, ella comenta que no tiene que salir a otras comunidades a vender ya que su comunidad es grande, también dice que como ya tiene mucho años en el negocio sin salir algunas ocasiones la van a buscar para pedirle sus catálogos. Lo que mas le gusta a Teresa de su actividad es que la realiza en su tiempo libre y gana su propio dinero.un préstamo de Visión Fund le dará la oportunidad de comprar de variedad de perfumes, sombras, esmaltes, delineadores, maquillajes, labiales y variedad de calzado.
Ella desea que su negocio continué progresando para continuar dándole estudios a sus pequeños y le gustaría invertir sus ganancias en la compra de bisutería.

Este grupo agradece el apoyo que Visión Fund le esta brindando atravez de estos créditos.

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

  • $15,600
    Average annual income
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of America (Flat) Group's $2,450 loan helped a member to purchase a variety of perfumes, eye shadows, nail polishes, eyeliners, makeup, lipsticks and shoes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013