This photo was taken at the business of Esther N. B., who is the treasurer of the group “Las estrellas del sur” ["The Stars of the South"], located in Tehuacán, Puebla, Mexico. In the photo, we can see the materials she uses to prepare handmaD. tortillas, which she sells. She has operated this business for 4 years. Her customers say that they buy tortillas from Esther because they are maD. with natural ingredients and also because they are always nice and hot. The client [Esther] is very happy with her loan, because she likes the idea that someone has confidence in her and her fellow members. She is 36 years old, and she has only had the opportunity to study up to secondary school, but this has not stopped her from getting ahead. She is the mother of 4 children, two girls and two boys. With the loan, she plans to continue investing in her tortilla business and expanding her number of customers. In addition, with the funds she will contract other women to help her, and she will feel happy about this since she is generating more jobs, while also providing for her children's education so that they can learn a profession and have better opportunities in life.
The other members of the group are:
Mayra Virginia M. C. Milk sales
María Norma P. G. Tortilla sales
Gabriela Maray M. C. Clothing sales
María Dominga G. H. Pork sales
Honoria P. S. Vegetable sales
Noemí R. C. Clothing sales
Anali C. S. Grocery sales
Ofelia H. L. Grocery sales
Natividad R. N. Clothing sales
Senovia M. D. Grocery sales
Graciela M. Vegetable sales
Esta foto fue tomada en el negocio D. la Sra. Esther N. B. la cual es tesorera del grupo “Las estrellas del sur” que esta ubicado en Tehuacán, Puebla en México. En la foto podemos apreciar el material que utiliza para la elaboración D. las tortillas hechas a mano, las cuales se dedica a vender; ella tiene 4 años con su negocio. Sus clientes dicen comprar tortillas con doña Esther porque están echas con materias primas naturales y además D. que siempre están calientitas, la clienta se siente contenta con su préstamo ya que le agrada la idea D. que alguien confíe en ella y sus compañeras, ella tiene 36 años, solo tuvo la oportunidad D. cursar hasta la secundaria, pero eso no le impidió salir adelante, es madre D. 4 hijos, dos mujeres y dos varones, con el crédito ella piensa seguir invirtiendo en su negocio D. tortillas e incrementar el numero D. clientes, además D. que con esto contrataría a mas señoras que le ayudarían, así se sentiría feliz D. estar generando mas fuentes D. trabajo, D. igual manera proporcionarles estudios a sus hijos para que terminen una carrera y tengan mejores oportunidades en la vida.
Los otros integrantes del grupo son:
Mayra Virginia M. C. Vta. D. leche
María Norma P. G. Vta. D. tortillas
Gabriela Maray M. C. Vta. D. ropa
María Dominga G. H. Vta. D. carne D. cerdo
Honoria P. S. Vta. D. verdura
Noemí R. C. Vta. D. ropa
Anali C. S. Vta. D. abarrotes
Ofelia H. L. Vta. D. abarrotes
Natividad R. N. Vta. D. ropa
Senovia M. D. Vta. D. abarrotes
Graciela M. Vta. D. verdura
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.