This photo was taken in Lidia Francisca P. E.'s house. Lidia is one of the members of the group Mariposas de San Juan [Butterflies of San Juan], which is located in Mexico. Lidia has dedicated herself to raising and selling chickens for the past 20 years. She is requesting this loan to invest in her business, specifically in purchasing chickens. Her clients say that the product that she offers is good. They also argue that Lidia treats them with kindness and has a good character, and it is for these reasons that they buy from her. At the time of requesting the loan, Lidia feels good since she knows that the money will help her to continue growing her business. She is 56 years old, studied until primary school and had 9 children. She is requesting this loan so that she can further strengthen her business. The group is comprised of 10 members.
Esta foto fue tomada en la casa de la señora Lidia Francisca P. E. integrante del grupo Mariposas de San Juan que está ubicada en el Estado de México. Ella se dedica a la cría y venta de pollos, actividad que inicio hace 20 años. Solicita el préstamo para invertir en su negocio, específicamente en la compra de pollos.Sus clientes dicen que el producto que ofrece la señora es bueno, además argumentan que la señora los trata con amabilidad y buen carácter, es por eso que eligen comprar con ella. Al momento de solicitar este préstamo se siente bien ya que sabe que es un dinero que le va servir para seguir manteniendo y creciendo su negocio. Tiene 56 años, estudio hasta el primero de primaria y tuvo 9 hijos. Este crédito lo quiere para fortalecer aun más su negocio.El grupo está conformado por 10 integrantes.
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.