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Magenta Group
In this Group: Juan Carlos, Julissa De Jesus, Nohemi , Vicenta
This group of five responsible, hardworking people is called Magenta. It’s located in Tierra Blanca also known as the “sun’s betrothed” because of the intense heat in summer. This community is known for commerce and cattle-raising.

Juan Carlos is one of the group members. He’s 45 years of age and only attended secondary school. He’s married to Aremy and they have a little boy attending primary school.

Juan Carlos relates that since he didn’t have much formal education his parents taught him to work in order to get ahead and now that he’s formed his family he has to work even harder to provide them better quality of life.

Juan Carlos sells candy and soft-drinks from place to place; he’s been in business a little more than five years. He sells from his three-wheeled cart where he arranges his candies on a small shelf that he adapted and on the bottom part he carries his cooler of soft-drinks. He does his sales along Tierra Blanca’s streets and he’s known by the people.

A VisiónFund loan will help him invest in the purchase of a variety of candies, soft-drinks, juices and snacks. He wants his business to continue to grow so that he can provide his son with the opportunity to study a career in future.

This group thanks VisiónFund for the support provided. The other group members are:

Julisa-candy sales
Noemi-food sales
Vicente-snacks sales
View original language description ↓
Magenta es el nombre de un grupo integrado por 5 personas responsables y trabajadoras, este grupo se encuentra ubicado en Tierra Blanca también conocido como la novia del sol por sus fuertes calores en temporadas de verano. Esta comunidad es conocida por su comercio y ganadería.
Don Juan Carlos es uno de los integrantes de este grupo, tiene la edad de 45 años, solo estudio la secundaria y está casado con Aremy con quien tiene un pequeño hijo que estudia la primaria.
Don Juan Carlos platica que como no tuvo muchos estudios sus padres le enseñaron a trabajar para salir adelante y ahora que ha formado su familia tiene que trabajar más duro para poder brindarle una mejor calidad de vida.
Don Juan Carlos se dedica al comercio ambulante de dulces y refrescos desde hace poco más de 5 años. El realiza sus ventas todos los días desde un triciclo en el cual acomoda todos sus dulces sobre una pequeña tarima que le adapto y en la parte de abajo lleva una hielera con sus refrescos. El realiza sus ventas por las calles de Tierra Blanca y es conocido por la gente.
Un Crédito de Visión Fund le ayudara a invertir en la compra de variedad de dulces, refrescos, jugos y frituras.
El quiere que su negocio continúe creciendo y poder brindar a su hijo en el futuro la oportunidad de estudiar una carrera.
Este Grupo agradece a Visión Fund el apoyo que le a brindado.
Los demás integrantes del grupo son:
Julisa-Venta de dulces
Noemi-Venta de Comida
Vicente-venta de Antojitos

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
  • 12
    View loans »
    Mexico Loans Fundraising
  • $18,777,525
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Magenta Group's $800 loan helped a member to buy an assortment of candy, soft-drinks, juice and snacks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2013
Listed
Jun 5, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013