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Las Mariposas De Rafael Alvarado Group
In this Group: Ana Maria, Angelica Rebeca, Maria Guadalupe, Maria Cristina, Paula, Selene, Areli, Elizabeth, Mayra Edith
This photo was taken in Angélica Rebeca C’s house, a member of the Las Mariposas de Rafael Alvarado (Rafael Alvarado’s Butterflies) group located in the Mexican state of Veracruz. The women can be seen in the place where Angélica prepares her food.

She has sold home-made food for 7 years. She is asking for funds to buy furniture like tables and chairs as well as some pots she needs. Her customers consider her to be a very responsible, hard working woman with a good talent for cooking tasty food.

At the time of requesting the loan she feels happy because she will reinvest in her business. She is 53 years old and finished high school. She is single and has two children (a boy and a girl).

She wants the loan to buy furniture to provide better service. She also hopes to improve her economic situation and do some home improvements in order to provide her family with an improved quality of life.
View original language description ↓
Esta foto fue tomada en la casa de Angélica Rebeca C., una integrante del grupo Las Mariposas de Rafael Alvarado, que está ubicado en el Estado de Veracruz en México. Se ve al grupo de señoras en el lugar donde doña Angélica prepara su comida. Ella se dedica a la venta de comida que inicio hace 7 años. Solicita el préstamo para comprar mobiliario como mesas y sillas para el negocio, también quiere comprar algunas cacerolas que le hacen falta. Sus clientes la consideran una persona muy responsable, trabajadora, y con un sazón muy bueno. Al momento de solicitar este préstamo se siente contenta pues va a reinvertir en su negocio. Tiene 53 años, estudio hasta el bachillerato, es soltera y tiene en total 2 hijos (1 varón y 1 mujer). Quiere este crédito para comprar mobiliario y así dar un mejor servicio. También espera mejorar sus situación económica y poder realizar mejoras a su casa para darle mejor calidad de vida a su familia.

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
  • 29
    View loans »
    Mexico Loans Fundraising
  • $19,068,050
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Mariposas De Rafael Alvarado Group's $1,775 loan helped a member to buy furniture and pots and pans for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 30, 2010
Listed
Oct 8, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2011