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Luna Nueva En Huiloapan Group
In this Group: Jacinta , Teresita De Jesus , Maria Antonia , Bertha , Ofelia , Concepcion , Concepcion , Elvia Yuridia , Veronica , Ana Maria , Estela
This photo was taken at Concepción F.’s house. She is a member of the “Luna Nueva” (New Moon) group in Huiloapan, which is in the state of Veracruz in Mexico. She sells snacks and fried food. She can be seen together with the rest of her colleagues in the photo. She has been in this business for four years.

She is requesting the loan to buy supplies for her snack sales in order to be able to increase her sales. Her customers consider her to be a responsible and tenacious person. She started selling sweets outsiD. of her house. Now she also sells snacks. She has had to expand her business with a canvas towards the street because she needs more space.

Upon requesting this loan she feels happy to start a new loan, which will allow her to keep growing in her business. She is 57 years old, and she went to school until the third year of high school. She is single, and she has five children (four girls and a boy).

She wants this loan to buy supplies for her snack and fried food sales. She wants to sell more and make her business grow. In the future she also plans to work with her daughter in order to rent a place and be able to set up a “fonda” (food business) in a formal way. This way she will improve her quality of life.

Jacinta A. is the president of the group. She is 39 years old, and she has an elementary school education. She is single and does not have children. She started selling clothes two years ago. She is requesting the loan to be able to buy more clothes to sell and make her business grow.

The group is comprised of 11 members. The other members are:
Concepción C. (Sells Clothes),
María Antonia F. (Sells Snacks),
Elvia Yuridia M. (Sells Shoes),
Verónica R. (Sells Shoes),
Bertha F. (Sells Tamales),
Ofelia M. R. (Sells Flowers),
Estela A. (Sells Gold) y
Ana María D. Jesús A. (Sells Flowers)
View original language description ↓
Esta foto fue tomada en la casa D. Concepción F., un integrante del grupo Luna Nueva en Huiloapan, que está ubicado en el Estado D. Veracruz en México. Se ve el negocio D. la señora que se dedica a la venta D. antojitos y frituras junto con el resto D. sus compañeras en la foto. Ella se dedica a este negocio desD. hace 4 años. Solicita el préstamo para comprar insumos para su venta D. antojitos y así poder incrementar sus ventas. Sus clientes la consideran una persona responsable y luchadora ya que empezó vendiendo dulces afuera D. su casa y actualmente venD. también antojitos y ha tenido que ampliar su negocio hacia la calle con una lona pues requiere D. más espacio. Al momento D. solicitar este préstamo se siente contenta D. iniciar este nuevo crédito que le permitirá seguir haciendo crecer su negocio. Tiene 57 años, estudió hasta el 3er. año D. secundaria, es soltera y tiene en total 5 hijos (4 mujeres y 1 varón). Quiere este crédito para comprar insumos para su venta D. antojitos y frituras para poder vender más y hacer crecer su negocio. También espera en un futuro asociarse con su hija para rentar un local y poder poner una fonda (negocio D. comida) ya D. manera formal y D. esta forma mejorar su calidad D. vida.
Jacinta A. es la presidente del grupo. Tiene 39 años, estudió hasta la primaria, es soltera y no tiene hijos. Ella se dedica a venta D. ropa que inició hace 2 años. Solicita el préstamo para comprar más ropa para vender y hacer crecer su negocio.
El grupo esta conformado por 11 D. integrantes. Los otros integrantes son:
Teresita D. Jesús G. (Venta D. Antojitos),
Concepción C. (Venta D. Ropa),
María Antonia F. (Venta D. Antojitos),
Elvia Yuridia M. (Venta D. Zapatos),
Verónica R. (Venta D. Zapatos),
Bertha F. (Venta D. Tamales),
Ofelia M. R. (Venta D. Flor),
Estela A. (Venta D. Oro) y
Ana María D. Jesús A. (Venta D. Flor).

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
  • 1
    View loans »
    Mexico Loans Fundraising
  • $17,740,600
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Luna Nueva En Huiloapan Group's $2,200 loan helped a member buy supplies for her snack sales.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 28, 2010
Listed
Aug 3, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010