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Perfume De Gardenias Group
In this Group: Sandra Mayte, Monica, Celia, Alma Rosa, Adriana, Hilda Guillermina, Guadalupe, Claudia, Cecilia, Kiahuitl*
* not pictured
This group is called “Perfume de Gardenias". It is made up of 10 clients. One member of the group is Mrs. Celia U. H., who is 49 years old. She tells us that she studied business at a secretary school but she never practiced it because she married. Ten years ago she decided to open a business sewing to get her family ahead. At the beginning it was difficult like in every business at the beginning. Little by little she was able to build her clientele in her own neighborhood. They would recommend her, and little by little her business grew and the earnings increased. The family acquired another machine to produce a greater number of pieces and to have a better quality product.

The children of the group members are their inspiration source. They will use the loan to invest in their businesses. Their worry has always been for their children not to lack for anything and for their businesses to grow and be more well known in the neighborhood.
View original language description ↓
Este grupo se llama “ Perfume de Gardenias”, este grupo esta integrado por 10 clientas en este grupo se encuentra la señora Celia U. H. de 49 años de edad, nos platica que estudió carrera comercial en secretariado pero nunca la ejerció ya que se casó, hace 10 años decidieron poner su negocio de costura para poder sacar adelante a su familia, al principio fue difícil como en todo negocio que comienza, hasta que poco a poco se fueron haciendo de su cartera de clientes que dentro de la misma colonia los fueron recomendando, poco a poco su negocio fue creciendo y las ganancias fueron incrementando, la familia adquirió otra máquina para producir un mayor número de prendas y su producto fuera de mayor calidad. Los hijos de las integrantes de este grupo son su fuente de inspiración, el crédito lo quieren para invertir en sus negocios, su inquietud siempre ha sido que a sus hijos no les falte nada, y que su negocio crezca y sea cada vez más reconocido en su colonia.

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
  • 11
    View loans »
    Mexico Loans Fundraising
  • $17,541,650
    Funds lent in using Kiva
  • 12.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Perfume De Gardenias Group's $2,775 loan helped a member to invest in their businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2010
Listed
Oct 28, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2011