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Grupo  Rio Viejo Group
In this Group: Fernando Anastacio , Araceli Gudelia , Claudia , Pablita , Bertha , Frumencio
This communal bank is named "Rio Viejo" ("Old River"). It is comprised of six cheerful, hardworking people with the drive to improve themselves.
One of the group members is young Frumencio, who's 23 years old. He reports that he sells stationery items such as letter- and office-sized paper sheets, letter-sized folders, pencils, automatic pencils, tissue paper, colored paper, notebooks, booklets and books, and provides photocopy services.
He also reports that one of his dreams for this loan would be to expand his business, because he has always enjoyed managing his finances and getting good profits as a result from his efforts and hard work.
What he likes most about his business is providing good service to his customers and meeting their orders for stationery items in a timely fashion.
He requested the loan in order to purchase more stationery products such as booklets, notebooks, letter- and office-sized paper sheets, books and pencils.
The other group members are Fernando, who sells fruits and vegetables; Araceli Gudelia, who sells fruits and vegetables; Claudia, who sells fish; Pablita, who sells fruits and vegetables; and Bertha, who sells groceries.
They give thanks to Fundación for the support they have been given in order to get ahead and to improve living conditions for themselves and for their families.
View original language description ↓
Este grupo se llama Grupo Rió Viejo esta conformado por seis personas trabajadoras, alegres con ganas de superarse.
Uno de los integrantes de este grupo es el Joven Frumencio de veinte tres años de edad, el nos cuenta que se dedica a la venta de artículos de papelería como es: hojas tamaño carta, hojas tamaño oficio, fólder tamaño carta, hojas tamaño oficio, lapices, lapiceros, papel china, papel lustre, cuadernos, libretas, libros y servicio de copias.
El nos comenta también que unos de sus sueños con el crédito seria engrandecer su negocio ya que siempre le a gustado manejar su dinero y con esfuerzo y trabajo sacar buenas ganancias.
Lo que mas le gusta de su negocio es darle una buena atención a sus clientes y si le hacen algún pedido de papelería tenérselos a tiempo.
Pidió el préstamo para la compra de mas artículos de papelería como son: libretas, cuadernos, hojas tamaño carta .hojas tamaño oficio, libros y lápices.
Las otras integrantes del grupo son:
Fernando-se dedica a la venta de frutas y legumbres.
Araceli Gudelia-se dedica a la venta de frutas y legumbres.
Claudia-se dedica a la venta de pescado.
Pablita-se dedica a la venta de frutas y legumbres.
Bertha-se dedica a la venta de mercancía de abarrotes.

Le dan las gracias a fundación por el apoyo que les ha dado para salir adelante y mejorar sus vidas y las de su familia.

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
  • 60
    View loans »
    Mexico Loans Fundraising
  • $22,256,000
    Funds lent in using Kiva
  • 12.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Rio Viejo Group's $2,950 loan helped a member to purchase stationery items for selling.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 21, 2012
Feb 29, 2012
Currency Exchange Loss:
Aug 16, 2012