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Corazoncitos I Group
In this Group: Graciela, Maria De Jesus, Ma Gabriela Irma, Maria Rosalba, Emma Isabel, Olga, Jesahel, Isabel, Edith
This group is called “Corazoncitos I” [Hearts] because its members regard themselves as people with good hearts. It is made up of 9 members, and they are in the State of Hidalgo in Mexico. Mrs. Maria de Jesus M. is the group’s president. She is 38 years old and has two children, a son and a daughter. She completed five semesters of Business Administration and has been a merchant for three years selling lingerie and shoes.
She requests the loan to buy merchandise wholesale, because wholesale purchases grant her a good discount. Her costumers consider her a kind person who treats them with respect and she strives to keep them satisfied.
Mrs. M. started her business in the town of Tula where she had few costumers but after her moving to Pachuca, she has proven to be a good salesperson and the number of costumers is steadily increasing.
She feels happy and hopeful requesting this loan because it would allow her to fulfill several orders already placed by some of her costumers. She also hopes to build a place for her business outside of her house which would help her to increase her sales.
View original language description ↓
Este grupo se llama Corazoncitos I porque todas las integrantes consideran que son de buen corazón. Se encuentra ubicado en el Estado de Hidalgo en México. El grupo está conformado por 9 integrantes.La señora María de Jesús Méndez es la Presidenta del grupo. Tiene 38 años, estudió hasta quinto semestre de la carrera de administración, es comerciante y tiene en total dos hijos; un varón y una mujer. Ella se dedica a la venta de lencería y zapatos que inició desde hace tres años. Solicita el préstamo para la compra de los productos que vende ya que cuando compra por mayoreo le realizan un buen descuento. Sus clientes opinan que es una persona muy amable y siempre los trata con mucho respeto, ella trata de mantener a sus clientes complacidos. Inició su negocio en el municipio de Tula en donde tenía pocos clientes pero al cambiar su lugar de residencia a Pachuca se ha consolidado como una buena vendedora y el número de clientes ha ido en aumento. Al solicitar este préstamo se sintió ilusionada y feliz porque ahora podrá cumplir con lo que les prometió a sus clientes.Quiere este crédito para surtir algunos pedidos que ya le solicitaron. También espera en un futuro no muy lejano construir un local afuera de su casa para que de esta manera incrementar sus ventas.

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
  • 14
    View loans »
    Mexico Loans Fundraising
  • $19,043,075
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazoncitos I Group's $2,475 loan helped a member to purchase merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2011