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Chiquillas De San Gabriel Group
In this Group: Blanca Flor, Lizet, Ines, Asalia Azucena, Marisol, Isabel, Anita, Estefania, Rocio, Gabriela
This group is called “Chiquillas D. San Gabriel” (Youngsters from San Gabriel) because the members are from the community of San Gabriel Las P. in the State of Morelos, Mexico. This community is distinguished by its exuberant nature, an old hacienda, and a resort that make it a tourist attraction.


The group consists of ten members. Sra. Gabriela B. is the group treasurer. She is 39 years old and has a second graD. education. Gabriela is a businesswoman who has five children, four daughters and a son. She sells perfumes and blankets. Gabriela has been in business for ten years and is requesting a loan to buy blankets to sell for the upcoming winter season. Upon submitting her request, she felt very happy because this will be her first loan. The earnings she generates will be invested in a better education for her children since three of them are still in school.

View original language description ↓
Este grupo se llama Chiquillas D. San Gabriel, porque se ubica en la comunidad D. San Gabriel las P., Morelos México. Esta comunidad se distingue por su exuberante naturaleza, una ex hacienda y un balneario que lo hacen ser un atractivo turístico, este grupo esta conformado por 10 integrantes.La Sra. Gabriela B., es la tesorera del grupo tiene 39 años, estudio hasta el 2º D. año D. primaria, es comerciante, tiene un total D. 5 hijos: 4 mujeres y un varón, ella se dedica a la venta D. perfumes y cobertores, negocio que inicio hace 10 años, solicita el préstamo para comprar cobertores y venderlos porque se aproxima la temporada D. invierno, al momento D. solicitar el préstamo se siente muy contenta porque será su primer crédito, las ganancias que obtenga las invertirá en una mejor educación para sus hijos , ya que tres D. ellos aún van a la escuela.

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
  • 12
    View loans »
    Mexico Loans Fundraising
  • $18,777,525
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Chiquillas De San Gabriel Group's $2,600 loan helped a member purchase blankets to sell for the winter season.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2010
Listed
Nov 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2011