Gaudencia Aragón C. is one group member. She is 58 years old, did not go to school and lives alone. She has been a widow for three years. She started making pottery eight years ago, and has done it for 50 years, since it is a family tradition her parents taught her when she was a little girl. She requests a loan to purchase the raw materials that she needs, like clay, wood and dye.
Her dream is to grow her business, since at her age she can no longer leave to sell in other communities. Before she would fill a truck and drive to different locations in México to sell, sometimes for as long as a week. Now she is alone and in no condition to do this, so she made her home a place where her customers can come to shop. In the future she would very much like to improve this space to continue her business.
Gaudencia Aragón C. es integrante del grupo. Tiene 58 años, no estudio, y actualmente vive sola, es viuda desde hace 3 años. Ella se dedica a la elaboración de Alfarería desde los 8 años y ya lleva 50 años dedicándose a la alfarería, ya que es una tradición familiar, le enseñaron sus padres desde pequeña. Solicita el crédito para poder comprar materia prima que necesita, tales como: el barro, la leña y colorantes. Su sueño es hacer más grande su negocio, dado que por su edad ya no puede salir a vender a otras comunidades, anteriormente llenaba un camión y se dirigía a diferentes localidades del Estado de México para vender, en ocasiones hasta por más de una semana, pero ahora está sola y no tiene ya las condiciones, por lo que hizo un local en su casa a donde llegan sus clientes a comprar, y le gustaría mucho mejorarlo en un futuro para seguir con su negocio.
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