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Miguelitas Group
In this Group: Anahi Ernestina, Diana , Enriqueta, Ma Luisa, Maria Guadalupe, Pabla , Veronica Yaneth
"Miguelitas" is a supportive, punctual, and responsible group. One of the members is Diana; she is a housewife and has had a stationery shop for four years. With the loan, she wants to expand her business to include the sale of gifts and to purchase a larger photocopy machine; the one she has is very small and doesn't have many functions.
View original language description ↓
Miguelitas es un grupo solidario puntual y responsable. Una de sus integrantes es Diana, se dedica al hogar y tiene una papelería desde hace 4 años, con el crédito quiere hacer mas grande su negocio, incluir regalos a la venta y comprar una copiadora mas grande, ya que la que tiene es muy pequeña y no tiene muchas funciones.

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
  • 27
    View loans »
    Mexico Loans Fundraising
  • $19,067,200
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Miguelitas Group's $6,175 loan helped a member to add the sale of gifts and novelty items, as well as to buy a larger photocopy machine.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013