This photo was taken on the pig farm belonging to Blanca S. who is a member of the 'CRUZERO' group which is located in Puebla in Mexico. To one side of the photo you can see the 'lechones' (young pigs) which she puts a lot of effort into raising. She raises and sells pigs and started her business 10 years ago. She is requesting this loan to buy feed for her pigs. Her customers prefer to buy their pigs from her because she provides them with high quality and clean meat. Right now she is happy about this new loan because she plans to invest in the building of more pigsties (where the pigs are raised). She is 51 years old and studied up to the third year of elementary school. She is married and has one daughter. She hopes that with the building of the pigsties she will have more space to increase her production. The group has 12 members and this is the second time that they have requested a loan from CrediComún.
Note: At the moment the photo was taken Mrs Teresa E. moved a little bit but she can still be seen.
Esta foto fue tomada en la granja porcina de la Sra. Blanca S., la cual es integrante D. grupo “CRUZERO” que está ubicado en Puebla en México. Aun costado de la foto se pueden apreciar los lechones (cerdos pequeños) que ella cría con mucho empeño. Ella se dedica a la cría y venta de cerdos, negocio que inicio hace 10 años .Solicita el préstamo para la compra de alimento para cerdos. Sus clientes prefieren comprarle los cerdos a ella por dar una carne de calidad y limpia. En este momento se siente contenta por este nuevo préstamo ya que piensa invertir en la construcción de más chiqueros (lugar donde se crían). Tiene 51 años de edad, estudió hasta tercer año de primaria, es casada y tiene una sola hija. Espera que con la construcción de los chiqueros tenga más espacio para aumentar la producción.El grupo está conformado por 12 integrantes y es la segunda vez que solicitan un crédito en CrediComún
Observación: Al momento de capturar la fotografía la señora Teresa E. se movió un poquito, pero si se alcanza a ver.
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.