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Acuario Azul Group
In this Group: Alberta, Felipa, Maria Isabel, Cipriana Guadalupe, Paola, Angela, Maria Antonieta, Norma, Jazmin
The group is called Acuario Azul [Blue Aquarium]. It has this name because they identify with it. They think that like an aquarium, their group has the best people, who have been selected, and that it how friendship is, all of them on the same road. The group is located in the state of Hidalgo. It is made up of 9 members. Norma C. is the president of the group. She is 32 and finished primary school. She has 4 children aged 9, 8, 4 and the youngest is 1. Two of them are in the community's primary school. Norma has sold dishes and blankets for 4 years. She needs this loan to buy kitchen utensils and blankets since htis is the season that she sells the most product. What she hopes is that with this loan her business will grow and she will be able to continue helping out with the household expenses. Another member of the group is Felipa Álvarez. She is very humanitarian, honest and totally loyal. Above all, she fights for her dreams. She is 55 years old, went to primary school, and has no financial dependents. She is in a common law marriage with Mr. Jose Álvarez Ángeles, who manufactures blocks. Mrs. Felipa Álvarez Z. has sold construction materials for 11 years. She is asking for the loan to buy materials such as: rods, cement and mortar so that she can have it at her disposal when her customers need it.
View original language description ↓
El grupo se llama Acuario Azul, tiene este nombre porque ellas se identifican con él, ya que consideran que así como es un acuario es su grupo tiene la mejor gente, la cual ha sido seleccionada, y sobre todo porque así es su amistad, todas van por el mismo camino. El grupo se encuentra ubicado en el estado de Hidalgo, está conformado por 9 integrantes. La Sra. Norma C. es la presidenta del grupo. Tiene 32 años, estudió hasta la primaria, tienen 4 hijos de 9 años, 8 años, 4 años y el mas pequeño de 1 año de edad, de los cuales 2 de ellos estudian la primaria en su comunidad. La Sra. Norma se dedica a la venta de vajillas y de colchas que inicio hace 4 años, ella necesita este crédito para la compra de utensilios de cocina y de colchas ya que es la temporada en que vende más su producto, ella lo que espera de este crédito es que su negocio crezca y así poder seguir apoyando con los gastos de su casa.Otra integrante del grupo es la Sra. Felipa Álvarez, ella es muy humanitaria es honesta totalmente leal, le gusta planificar y sobre todo que lucha por sus sueños. Tiene 55 años, estudio la primaria, no tiene dependientes económicos, ella vive en unión libre con el Sr. Álvarez Ángeles José que se dedica a la fabrica de block. La Sra. Felipa Álvarez Z. se dedica a la venta de materiales para la construcción que inicio hace 11 años. Ella solicita el préstamo para la compra de material como; la varilla, el cemento y el mortero en general, para así tenerlo a disposición en cuanto sus clientes lo requieran.

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
  • 40
    View loans »
    Mexico Loans Fundraising
  • $18,365,650
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Acuario Azul Group's $3,150 loan helped a member to buy merchandise and improve business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2010
Listed
Oct 22, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011