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Las Divinas De Mendoza Group
In this Group: Irene , Maria Estela , Maria De Lourdes , Miriam , Rosa Maria , Maria Marcela , Rosa Elena *, Graciela , Silvina , Norma , Adriana , Antonia , Raquel
* not pictured
This photo was taken in Silvina L. C.’s house; she’s a member of the “Las Divinas de M.” (M.’s Divine Ones) group which is in the Mexican state of VeraC.. In it we can see the women gathered around Silvina’s products. She has sold catalogue cosmetics for 10 years. She’s asking for funds to buy more stock merchandise in order to increase her sales.

She started the business 10 years ago to augment her family’s income. At this moment, she is satisfied for having obtained the loan and she is eager to see everything turn out well so that in the future the loan amount might be increased.

She is 64 years old, did not go to school, is widowed and has 6 children (3 girls and 3 boys). She wants this loan in order to help out one of her daughters with the raising of her son who is currently living with Silvina while he goes to high school nearby. She also hopes to be able to finish building her house in the future adding a terrace to enlarge it and improve her living conditions.

María de Lourdes Rodríguez, 37, is group president. She finished elementary school, is married and has no children. She has sold catalogue shoes for 7 years. She is asking for funds to buy her pending orders and increase her customer base because she’d like her business to grow thus improving her family’s quality of life.

The group has 13 members and it is the first time it’s applied for a loan from CrediComun.

The other group members are:


María Marcela C. González, grocery store;
María Estela M. M., snacks sales;
Irene Márquez F., snacks sales;
Adriana F. Rodríguez, catalogue clothing sales;
Miriam G. Pérez, underwear sales;
Rosa María Solís C., snacks sales;
Rosa Elena M. Martínez, grocery store;
Graciela Ricaño G., underwear sales;
Norma T. Ríos, snacks sales;
Antonia T. Ríos, catalogue shoe sales and
Raquel S. Vázquez, handicrafts sales.
View original language description ↓
Esta foto fue tomada en la casa de Silvina L. C., un integrante del grupo Las Divinas de M., que está ubicado en el Estado de VeraC. en México. Se ve al grupo de señoras alrededor de los productos de doña Silvina en la foto. Ella se dedica a la venta de cosméticos por catálogo que inicio hace 10 años. Solicita el préstamo para surtirse de más mercancía para poder incrementar sus ventas. Ella inicio su negocio hace 10 años para apoyar a la economía de su hogar. Al momento de solicitar este préstamo se siente satisfecha por haber obtenido su crédito y con muchas ganas de que todo salga bien y en un futuro cercano su crédito pueda incrementarse. Tiene 64 años, no tiene estudios, es viuda y tiene en total 6 hijos, (3 mujeres y 3 varones). Quiere este crédito para poder apoyar a una de sus hijas con la crianza de su nieto el cual actualmente vive con ella pues esta estudiando la preparatoria cerca de su casa. También espera en un futuro poder terminar de construir su casa, construirle un loza para poder ampliarla y mejorar sus condiciones de vida.
María de Lourdes Rodríguez H. es la presidente del grupo. Tiene 37 años, estudió hasta la secundaria, es casada y no tiene hijos. Ella se dedica a la venta de calzado por catálogo que inició hace 7 años. Solicita el préstamo para poder invertir en sus pedidos de calzado y poder incrementar su clientela pues tiene el deseo de hacer crecer su negocio para poder brindar una mejora calidad de vida a su familia.
El grupo esta conformado por 13 integrantes y es la primera vez que solicita un crédito a CrediComun.
Los otros integrantes son: María Marcela C. González, tienda de abarrotes;
María Estela M. M., venta de antojitos;
Irene Márquez F., venta de antojitos;
Adriana F. Rodríguez, venta de ropa por catálogo;
Miriam G. Pérez, venta de ropa interior;
Rosa María Solís C., venta de antojitos;
Rosa Elena M. Martínez, tienda de abarrotes;
Graciela Ricaño G., venta de ropa interior;
Norma T. Ríos, venta de antojitos;
Antonia T. Ríos, venta de calzado por catálogo y
Raquel S. Vázquez, venta de manualidades.

Additional Information

About CrediComun

This loan is administered by CrediComun, a Kiva Field Partner since February 2010. CrediComun is dedicated to providing loans to groups of women in rural areas in Mexico, and is beginning to lend to individuals as well. One of its newest branch offices is in Ciudad Neza, a poor suburb on the outskirts of Mexico City. CrediComun has grown rapidly since its inception in 2005, with 37 branch offices and over 350 employees, and was ranked the 12th best microfinance institution in Latin America in 2010 according to the Microfinance Information Exchange (MIX).

For more information on CrediComun, please visit its partner page. If you would like to support CrediComun and its borrowers, please visit its lending team.

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
  • 29
    View loans »
    Mexico Loans Fundraising
  • $19,068,050
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Divinas De Mendoza Group's $3,475 loan helped a member for stock merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2010
Listed
May 8, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010