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Dulce Maria Group
In this Group: Magdalena, Marcela , Anatolia , Ofelia , Ibeth , Maria Luz , Magdalena , Angela , Juliana , Cecilia
This group is called DULCE MARIA (Sweet Maria), because they like the name and because they want life to become sweeter. It’s located in the state of Mexico, in Mexico. The group has 10 members.

Magdalena M. García is the president of the group. She is 40 years old, studied until second grade in elementary school, is a merchant and has 4 children in total, 1 girl and 3 boys. She sells clothes and embroidered tablecloths and aprons. She started selling the clothes a year ago and the embroidery 13 years ago. She is soliciting the loan to stock up on clothes and thread for her embroidery. Her customers say good things about her, since she lets them pay for the clothes in instalments and the embroidery she does is very creative and beautiful. She feels very happy and excited requesting the loan, since she will be able to grow her business and increase her sales. She wants this loan so that she can become known in other communities; she needs a large amount of stock in order to sell outside of her community. She also hopes to keep her children in school, since they are the ones that motivate her to get ahead.

This photo was taken in the house of Maria Luz. Magdalena’s table clothes are visible, as well as the aprons and clothes that she sells, of which there is an amply supply in the photo.

The other members of the group are:
De J. Del R. Juana Venta de Dulces
F. M. Marcela Venta de Tortillas
H. H. Anatolia Venta de Tortillas
H. M. Ibeth Venta de Tortillas
M. G. María Luz Venta de Ropa
R. G. Angela Venta de Dulces
T. M. Juliana Venta de Papelería
V. H. Cecilia Venta de Pollos
View original language description ↓
Este grupo se llama DULCE MARIA, porque les gusto el nombre y por que quieren que se endulce su vida. Está ubicado en el Estado de México; en México. El grupo está conformado por 10 integrantes.

Magdalena M. García es la presidenta del grupo. Tiene 40 años, estudió hasta el 2° año de primaria, es comerciante y tiene en total 4 hijos, 1 mujer y 3 varones. Ella se dedica a la venta de ropa y bordados de manteles y mandiles que inició hace 1 año la venta de ropa y 13 años los bordados. Solicita el préstamo para surtir en ropa y en hilos para sus bordados. Sus clientes se expresan bien de la señora ya que les vente la ropa en pagos y los bordados que realiza son muy creativos y bonitos. Al momento de solicitar este préstamo se siente muy contenta e ilusionada ya que podrá crecer su negocio e incrementar sus ventas. Quiere este crédito para poder darse a conocer en otras comunidades pero necesita tener gran cantidad de surtido para poder realizar las ventas fuera de su comunidad. También espera poder seguirle dando estudio a sus hijos ya que son los que la motivan a seguir adelante.

Esta foto fue tomada en la casa de la Sra. María Luz Se ve los manteles de Magdalena además de la mandiles y ropa que vende de la cual cuenta con un amplio surtido en la foto.

Los otros integrantes del grupo son:
De J. Del R. Juana Venta de Dulces
F. M. Marcela Venta de Tortillas
H. H. Anatolia Venta de Tortillas
H. M. Ibeth Venta de Tortillas
M. G. María Luz Venta de Ropa
R. G. Angela Venta de Dulces
T. M. Juliana Venta de Papelería
V. H. Cecilia Venta de Pollos

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
  • 16
    View loans »
    Mexico Loans Fundraising
  • $18,745,125
    Funds lent in using Kiva
  • 12.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Dulce Maria Group's $2,675 loan helped a member to stock up on clothes and thread for embroidery.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2010
Listed
Jul 20, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010