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La Presa De Chosto Group
In this Group: Rosalba , Alicia , Ma De Los Angeles , Julia , Noemi , Avelina , Rosalva , Agustina , Hilda , Alma Alejandra
This group, called La Presa de Chosto (The Chosto Dam), is located in the State of México. This community was known for its dam (20 years ago). The group is comprised of 10 members.

María de los Ángeles M. is the president of the group. She is 39 years old, has a sixth-grade education, is married, and has a child. She sells embroidery, and has done this for six years. She is seeking a loan to purchase threads, napkins, tablecloths, etc.

Julia L. has worked selling clothing for 12 years. She is seeking a loan to buy pants, shirts, and sweaters for women and men. She has around 100 clients in the areas of Chost, La Mesa, and Lanzados; little by little she has become known in the region. Initially she had a sewing workshop (15 years ago) in which she produced clothing. For personal reasons, she closed the business and distributed the capital among her associates, and from there came the idea to sell clothing. While asking for this loan, she is happy and satisfied to invest the credit into her business, as this season is good for sales due to school closures. She has orders from various clients and has to buy the clothing and distribute it. She is 38 years old, has a sixth-grade education, and is married with six children. She is originally from Mesa de Chosto. She wants this loan so she buy clothing to fill the orders of her clients. She also hopes to start another type of business. On weekends, she sells tostadas in the municipality of Acambay, and she would like to have an establishment for selling traditional foods. As a medium-term project, she has a place to display the clothing, since she has been walking house to house selling her clothes, suffering from inclement weather.

The other members are:
NAME: ACTIVITY
ROSALBA M.R.: Food
ALICIA M. A.: Groceries
MA DE LOS ANGELES M.A.: Handicrafts
NOEMI O.T.: Sweets
AVELINO M. A.: Food
ROSALVA M.L.: Toys
AGUSTINA L.M. : Balloons
HILDA A.S.: Clothing
ALMA ALEJANDRA M.M.: Catalog shoes
View original language description ↓
Este grupo de llama La Presa de Chosto, se ubica en el Estado de México. Esta comunidad se distingue por que existía una presa (hace 20 años). El grupo está conformado por 10 integrantes.
María de los Ángeles M. es la presidenta del grupo. Tiene 39 años, estudió hasta el 6to año de primaria, es casada y tiene un hijo. Ella se dedica a la venta de bordados que inició hace 6 años. Solicita el préstamo para comprar hilos, servilletas, manteles, etc.
La señora Julia L. integrante del grupo arriba mencionado se dedica a la venta de ropa que inició hace 12 años. Solicita el préstamo para comprar pantalones, camisas, suéteres para dama y caballero. Tiene alrededor de 100 clientes en las localidades de Chosto, La Mesa y Lanzados; poco a poco se dio a conocer en la región inicialmente tenía un taller de costura (hace 15 años) en el cual se maquilaba ropa, sin embargo por cuestiones personales se cerró el negocio y se repartió el capital entre los socios, de ahí les surgió la idea de vender ropa. Al momento de solicitar este préstamo se siente contenta y satisfecha para invertir en su negocio la cantidad solicitada, ya que esta temporada de venta es buena por las clausuras en las escuelas, tiene pedidos de varios clientes ya solo para comprar la mercancía y repartirla. Tiene 38 años, estudió hasta el 6to año de primaria es casada y tiene 6 hijos, es originaria de la Mesa de Chosto. Quiere este crédito para comprar ropa satisfaciendo los pedidos de sus clientes. También espera emprender otro tipo de negocio, los fines de semana vende tostadas en el municipio de Acambay, le agradaría tener un establecimiento para vender comida típica. Tiene como proyecto a mediano plazo contar con un local para exhibir la ropa, desde que inicio con su negocio ha caminado casa por casa para colocar sus prendas, sufriendo las inclemencias del clima.
Los otros integrantes son:
NOMBRE ACTIVIDAD
ROSALBA M.R. COMIDA
ALICIA M. A. ABARROTES
MA DE LOS ANGELES M.A. ARTESANIAS
NOEMI O.T. DULCES
AVELINO M. A. COMIDA
ROSALVA M.L. JUGUETES
AGUSTINA L.M. GLOBOS
HILDA A.S. ROPA
ALMA ALEJANDRA M.M. ZAPATOS X CATALOGO

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

  • $11,249
    Average annual income
  • 24
    View loans »
    Mexico Loans Fundraising
  • $18,365,750
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Presa De Chosto Group's $3,400 loan helped a member purchase threads, napkins, tablecloths.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2010
Listed
Jul 2, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010