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Las Amigas Vecinas Group
In this Group: Minerva, Margarita, Albertina, Anastacia, Maria Guillermina, Adelina Marcela, Edith, Paz, Maribel
This group is called “Las Amigas Vecinas” (The Neighboring Friends), which can be found in the State of Puebla in Mexico. The group consists of nine members.


Margarita Martínez is one of the members. She is 50 years old and has a sixth graD. education. Margarita is married and has five children, four daughters and a son. She has a business selling Mexican snacks that she started 15 years ago. The loan she is requesting will be used to buy supplies and furniture, such as tables and chairs, for her business. Her customers say she makes the best snacks in the region and that they choose her business because she provides good service. Upon receiving her loan, Margarita was pleased and wanted to use the loan to make improvements to her establishment.

View original language description ↓
Este grupo se llama Las Amigas Vecinas, se encuentra ubicado en el Estado D. Puebla en México. El grupo está conformado por 9 integrantes.Margarita Martínez es integrante D. este grupo. Tiene 50 años, estudio hasta el 6º año D. primaria, es casada tiene un total D. 5 hijos; 4 mujeres y 1 varón. Ella se dedica a la venta D. antojitos mexicanos que inicio hace 15 años. Solicita el préstamo para la compra D. insumos y mobiliario como son mesas y sillas para su negocio, sus clientes dicen que son L. mejores antojitos D. la región, además D. que la prefieren por que otorga un buen servicio. Al momento D. solicitar el préstamo se siente muy contenta y quiere este préstamo hacer mejoras en su establecimiento D. venta.

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
  • 49
    View loans »
    Mexico Loans Fundraising
  • $18,367,875
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Amigas Vecinas Group's $3,200 loan helped a member purchase supplies & furniture for a Mexican snack business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 3, 2010
Listed
Nov 8, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2011