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Ilusión. Group
In this Group: Irene, Eva, Otilia, Sara, Laura, Maria Rosa, Socorro Marcela, Silvia, Enriqueta Lourdes
This group is called ILUSIÓN ("hope"). It consists of 9 women from Tlaxcala, which has recently grown thanks to the great economic boom that has occurred as a result of the creation of new businesses and factories. The members of the group decided to call themselves Ilusión because thanks to their city's economic growth they've had more reason to hope that their businesses will prosper and they'll be able to improve their families' quality of life.

Eva Sánchez is the treasurer of the group. She was elected to this office because she's very responsible and skilled in business. She makes woven products from worsted yarn, such as berets, scarves and fashionable bags with borders. She makes them and sells them to acquaintances. She currently sells to customers who then sell her products in boutiques and accessory shops. This job is every important to her economically because she's not able to perform another activity because her daughter has special needs and requires her attention.

Eva is preparing to make some hand-maD. products and she plans, with the help of her daughter, to teach workshops to other people with special needs so that they can learn to excel. For her the success will be in seeing her daughter value herself and being recognized for her abilities and skills as an artisan.
View original language description ↓
Este grupo se llama ILUSIÓN se formo con 9 mujeres, originarias D. Tlaxcala; esta ciudad últimamente ha ido creciendo, gracias a la gran derrama económica que se ha desatado, gracias a la creación D. comercios y fábricas. Las integrantes del grupo decidieron ponerle a su grupo Ilusión, ya que gracias al crecimiento económico que ha tenido la ciudad que habitan, tienen la Ilusión D. que sus negocios prosperen y así puedan darles una mejor calidad D. vida a sus respectivas familias. La señora Eva Sánchez es la Tesorera del grupo, fue elegida para ese puesto, pues es muy responsable y capaz para los negocios; ella se dedica a la elaboración D. productos tejidos con estambre, como boinas, bufandas y productos D. moda como bolsas D. manta bordadas con listón; ella los elabora y los anda ofreciendo con sus conocidos; actualmente ya cuenta con clientes que le hacen pedidos para ofrecer sus productos en boutiques y tiendas D. accesorios, esta actividad para ella representa una entrada económica importante, ya que no podría dedicarse a otra actividad, dado que tiene una hija con capacidades diferentes, la cual necesita D. su atención. La señora Eva le está enseñando a elaborar estas artesanías y es su propósito que a través D. su hija pueda dar talleres a otras personas con capacidades diferentes y estas a su vez puedan destacar por sí mismas. Para ella el éxito se vería reflejado viendo a su hija valiéndose por sí misma y siendo reconocida por sus habilidades y aptitudes como artesana.

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

  • $15,600
    Average annual income
  • 48
    View loans »
    Mexico Loans Fundraising
  • $19,989,325
    Funds lent in using Kiva
  • 12.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Ilusión. Group's $2,775 loan helped a member working capital to grow the business and teach knitting classes to people with special needs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Oct 20, 2010
Oct 28, 2010
Currency Exchange Loss:
Mar 16, 2011