Check out some available loans that are similar to this one!
Las Azucenas Dobles Group
In this Group: Teresa , Martha , Alicia , Maribel , Sonia , Benita , Edith , Teresa , Teresa , Luisa *, Senorina
* not pictured
This group is called "Las Azucenas Dobles" and is located in Lerma. The group is made up of 11 members, one of whom is Senorina G. H., better known as "Doña Seno". She sells embroidered napkins and tablecloths. Seno says that her mother taught her to embroider when she was very young, and this is the reason that she decided to continue with this art. Seno is a single mother and has three children who are her pride and who drive her to succeed and to be able to make them professionals with a more comfortable life. Seno's loan will be used to purchase threads and fabrics to make more embroidery to sell to her neighbours and some customers.

In this same group is Miss Teresa V. Q. who sells accessories for automobiles. She is requesting a loan to invest in material for her business. She has four children, two of whom are grown and married, one of whom is in university and the youngest of whom is in the second year of high school. Teresa tells us that her main incentive to invest and grow her business is to be able to continue to support her children's studies.

The other group members are:
President: Teresa G. B.
Treasurer: Martha B. Q.
Members:
Alicia S. C.
Maribel P. N.
Benita Q. J.
Sonia B. Q.
Luisa B. H.
Edith H. C.
View original language description ↓
Este grupo se llama “Las Azucenas Dobles” que están ubicadas en Lerma, este grupo se conforma por 11 integrantes, donde se encuentra la señora Senorina G. H. mejor conocida como “Doña Seno”, se dedica a la venta de servilletas y manteles bordados, nos cuenta la señora Seno que a ella le enseñó su Mama a Bordar desde muy pequeña es por ello que decidió seguir este Arte del bordado, la señora Seno es Madre soltera y tiene tres hijos que son su orgullo y los que la impulsan para salir adelante y poder darles una carrera profesional y que puedan tener una vida mas cómoda. La señora Seno destina su crédito para poder comprar hilos y telas y así realizar más bordados y venderlos entre sus vecinos y algunos clientes que tiene.

En este mismo grupo se encuentra la Señora Teresa V. Q. quien se dedica a la venta de accesorios para automóviles, ella pide el crédito para invertir en material para su negocio, la señora tiene cuatro hijos, dos de ellos ya mayores de edad y casados, uno de ellos está en la universidad y el más pequeño cursa el segundo año de secundaria, la señora Teresa nos cuenta que el principal motivo de invertir y hacer crecer su negocio, es el poder seguir apoyando los estudios de sus hijos.

Los otros integrantes del grupo son:
PRESIDENTA:
Teresa G. B.

TESORERA:
Martha B. Q.

INTEGRANTES:
Alicia S. C.
Maribel P. N.
Benita Q. J.
Sonia B. Q.
Luisa B. H.
Edith H. C.

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
  • 37
    View loans »
    Mexico Loans Fundraising
  • $19,077,825
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Azucenas Dobles Group's $4,250 loan helped a member to invest in material for their businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2010
Listed
Aug 2, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010