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Progresistas Group
In this Group: Angela Maria, Araceli*, Maricela, Mirna , Norma Alicia, Raquel
* not pictured
Raquel is a member of the group “Progresistas” (Progressives), which has been responsible with its payments. The members are women who strive to move forward.


Raquel is a 42-year-old woman who is married and has three grown children. She sells groceries and has been in business for four years. Raquel wants to use her loan to extend and expand her store.

View original language description ↓
Raquel es integrante del grupo progresistas, un grupo pagador, responsable y sus integrantes son mujeres que luchan para salir adelante. Ella es una mujer casada de 42 años, y tiene 3 hijos todos son mayores de edad; Raquel se dedica a la venta de abarrotes, tiene 4 años con el negocio y con el crédito desea extender y ampliar la tienda.

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
  • 22
    View loans »
    Mexico Loans Fundraising
  • $17,870,375
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Progresistas Group's $3,275 loan helped a member to extend and expand her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2013
Listed
Aug 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 3, 2014