Luna Nueva En Huiloapan Group
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)
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).
About CrediComunThis 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.
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Success!! The loan was 100% repaid