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Grupo S (Comercio) Group
In this Group: Elvira, Marco Antonio, Jesus Valdemar
"Grupo S" is a group made up of relatives who work very comfortably independently. They said that they do not like to have other members in the loan group, because they believe it is easier to arrange the details among themselves. This family lives in a very quiet community where people still preserve their cultural traditions. They are owners of a workshop that has been active for more than 30 years. Marco Antonio, 44, is married to Elvira and together they have created a family with their children, who are in school. He says that he previously worked in Mexico City, but since he already had experience with cars, he decided to start his own business and in order to perfect his service, he studied for three years. He has lots of customers that come from very far away. However, they are very happy, because Marco Antonio works hard to earn good profits to pay for household expenses and his children's education. Marco Antonio's only difficulty is the lack of land to expand his mechanic shop and equip it well. They don't want to sell him more land where it is currently located. This family's only goal is to be able to increase its profits to improve its quality of life. This is why they, as well as Elvira and Jesus, are asking for a loan to invest in their mechanic shop and to buy oil and repair parts for cars.
View original language description ↓
El "Grupo S" es un grupo integrado por familares quienes trabajan muy a gusto de manera independiente, comentaron que no les gustaría tener a otros miembros en el grupo de préstamo porque consideran que es más fácil arreglar detalles entre ellos. Esta familia vive en una comunidad muy tranquila donde las personas aún conservan sus tradiciones culturales. Ellos son dueños de un taller que lleva activo por más de 30 años.

Don Marco Antonio tiene 44 años de edad, está casado con la señora Elvira y juntos han formado una familia con sus hijos los cuales se encuentran estudiando. Él platica que anteriormente trabajaba en la cuidad de México pero como ya tenía experiencia en autos decidió iniciar su propio negocio y para perfeccionar su servicio estudio tres años. Tiene varios clientes que vienen desde muy lejos; sin embargo, se van muy contentos porque Don Marco Antonio se esfuerza para obtener buenas ganancias para solventar los gastos de su hogar y la educación de sus hijos. La única dificultad de Don Marco Antonio es la falta de un terreno para ampliar su taller mecánico y equiparlo muy bien, y en donde se encuentra actualmente el taller, ya no le quieren vender mas terreno. La única meta de esta familia es poder aumentar sus ganancias para mejorar su calidad de vida es por eso que están solicitando tanto Doña Elvira y Jesús un crédito para invertirlo en su taller mecánico y comprar aceites y refacciones para automóviles.

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
  • $18,789,925
    Funds lent in using Kiva
  • 13.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo S (Comercio) Group's $4,600 loan helped a member to buy oil and replacement parts for cars.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2013
Listed
Oct 1, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014