Update on Ilucion GroupFiliberto is another of the illustrious members of the "Ilucion" communal bank. He is 52 years old and states that he has done a number of distinct jobs in his life. For the past 8 years he has opted for the taxi field.
He is a taxi driver. He choose this as he can make money every day. People are always looking for taxi rides. He starts his day very early and as there is no taxi stand he drives around the center of Tierra Blanca and it's neighborhoods looking for passengers. Sometimes people also look for him to make special trips to another community or city. He makes more money doing this. What he likes most about his work is the daily contact with people talking to them and listening to the many stories from the lives of his many clients. He is quite pleased with his small business as he has the opportunity to work and day by day improve his quality of living.
The loan from VisionFund will help Filiberto buy replacement parts and maintain his taxi to continue his work.
The other members of the group are:
Eunice; shoe sales
Maria Teresa; cosmetic sales
Claudia; selling fruit and vegetables
Rosa; selling clothes
Guadalupe; runs a bakery
Rebeca; sells clothing
Santa; costume jewelery sales
Maria Lorenza; perfume sales
Cristian Alberto; selling clothes
Guillermina; raising sheep and chickens
Maria de Jesus; clothing sales
El inicia su jornada de trabajo desde muy temprano como no tiene un sitio, anda dando vueltas por todo el centro de Tierra Blanca y las colonias buscando a sus clientes, en ocasiones también lo buscan para hacer viajes especiales a alguna de las comunidades u otras ciudades y es cuando gana un poco más. Lo que más le gusta de su actividad es que todo el día está en contacto con la gente platica con ellas y escucha muchas historias de la vida de cada uno de sus clientes, el está muy contento con su pequeño negocio ya que le da la oportunidad de tener un empleo y día con día mejorar su calidad de vida.
Un crédito de VisionFund le ayudara a comprar piezas de refacción y dar mantenimiento a su taxi para continuar con su actividad.
Los demás integrantes del grupo:
Eunice venta de zapatos
Maria teresa venta de cosméticos
Claudia venta de frutas y legumbres
Rosa venta de ropa
Rebeca venta de ropa
Santa venta de bisutería
Maria Lorenza perfumería
Cristian Alberto venta de ropa
Guillermina cria de borrregos y gallinas
Maria de Jesus venta de ropa
Previous Loan DetailsLa Ilución [Hope] Communal Bank has 15 members. They chose this name for their group because they hope their businesses will prosper with this loan and they can give their families a better quality of life. This group is located in Tierra Blanca, known for its very hot summers and for commerce ... More from Ilucion Group's previous loan »
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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.
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Success!! The loan was 100% repaid