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Rebozo De Mujer Group
In this Group: Maria Del Carmen, Estephani Nayelli, Juana, Veronica, Lorena, Maria Irma, Silvia, Julia, Maria Luisa, Teodora
This group is called “Rebozo D. Mujer” (Woman’s Shawl) because shawls are manufactured in this community and it’s the women who make them. The group is located in Tenancingo in the state of México and it has 10 members.

Julia S. is married. She has a daughter and six sons. She is currently living with four of her children in her home. One of her sons is a teacher and the other lives in the United States.

Julia is from Tenancingo. She wants a loan to invest in the general store she’s had for about fourteen years. What she pretends to do is expand her business buying more products since her community is far from the area's main town and people need a variety of merchandise. This way she both helps people by offering them the products and her family can have daily support.
View original language description ↓
Este grupo se llama “Rebozo D. Mujer “, porque dentro D. la comunidad se elaboran rebozos y son mujeres las que los hacen, este grupo está ubicado en Tenancingo estado D. México este grupo está conformado por 10 integrantes.
La señora Julia S. es casada, tiene una hija y seis varones, en la actualidad ella vive con cuatro hijos en su domicilio, uno D. sus hijos es profesor y el otro está radicando en Estados Unidos D. Norte América.

La señora Julia es originaria D. Tenancingo, quiere su crédito para invertir en una miscelánea que tiene aproximadamente catorce años, lo que ella pretenD. es darle crecimiento a su negocio, comprando más productos dado que la comunidad está alejada D. la cabecera municipal y la gente requiere variedad D. mercancías, D. esta forma ayuda a la gente ofertando los productos y su familia pueD. tener un sustento diario.

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
  • 25
    View loans »
    Mexico Loans Fundraising
  • $18,365,750
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Rebozo De Mujer Group's $3,700 loan helped a member to buy stock items for her store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2010
Listed
Oct 15, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2011