Mrs. Victoria Hernández is the group President. She is 60 years old and a very enterprising, enthusiastic and hard working woman. She finished 6th graD.. She makes home-maD. tortillas, a business she started 14 years ago.
She is asking for a loan to expand the business to the extent she used to have it. Due to circumstances beyond her control she was unable to continue with her tortilL. shop which is why she’s now asking for funds to buy corn and a griddle. She dreams with having a tortilL. shop like back when she started her business.
L. Sra. Victoria Hernández es L. presidenta del grupo. Tiene 60 años es una mujer muy emprendedora, entusiasta y trabajadora elL. estudio hasta el 6to año D. primaria, es comerciante venD. tortillas hechas a mano y D. comal, el negocio lo inicio hace 14 años. L. señora Victoria solicita su crédito para poner nuevamente L. ampliación D. su negocio como lo tenía antes, dado que por causas D. fuerza mayor ya no pudo seguir teniendo su tortillería, por eso ahora elL. solicita este crédito para L. compra D. maíz y D. un comal. ElL. sueña con volver a tener L. tortillería que tenía cuando empezó 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