Check out some available loans that are similar to this one!
La Concepcion De Santiago Group
In this Group: Prudencia, Sonia, Marisela, Ana Beatriz, Gloria, Maria Veronica, Francisca, Antonia Angelina, Maria Del Rosario
This is a photo of the 'Concepción de Santiago' group which is located in Santiago Miahuatlan community, in the State of Puebla, Mexico. The group has 9 members. This photo shows the business activity of Mrs Maria Del Rosario H. A. which is buying and selling the following products: small bags made from recyclable material, napkin rings, napkins, baskets and childhood memory items such as little boxes and picture frames which are made of wood.

Maria has been in this business for one year. She makes her sales as a peddler in markets, parks or public places. She says that she is already well known by many people who buy her products and they are satisfied because they say that the things she sells are very pretty, she sells them at a good price and they like the variety of products which she offers.

Maria is a new member of the group and she says that this is the first time that she has acquired a loan of this type. Today she is happy and grateful for the trust that has been placed in her. She says that she will use this loan to buy more merchandise and she will invest her profits in another business which she has in mind, selling quilts and bedspreads for this season. Maria fully intends to grow her business and make good profits and also to finish building her house which, for one reason or another, she hasn't yet managed. She is sure that with the help of the loans she will achieve this goal in the future. Maria is 52 years old and studied up to the sixth year of elementary school. She is married but no longer lives with her husband. She has 7 children: 2 grown-up sons and 5 grown-up daughters.
View original language description ↓
En esta foto se muestra al grupo llamado la Concepcion de Santiago el cual está ubicado en la comunidad de Santiago Miahuatlan en el estado de Puebla, México. El grupo está conformado por 9 integrantes.En la forografía se muestra la actividad comercial a la que se dedica la sra. Maria Del Rosario H. A. Que es la compra y venta de los siguientes productos: bolsas de colgar hechas de material reciclable, servilleteros, servilletas, canastas, recuerdos infantiles tipo alajeros y portaretratos los cuales estan fabricados de madera, tiene un año que se dedica a esta negocio, la venta la realiza de forma ambulante en mercados, parques o lugares públicos, dice que ya es conocida por mucha gente que le compra sus productos y las ve satisfechas pues le dicen que estos estan muy bonitos, los da a buen precio y les gusta la variedad de productos que lleva. Esta clienta es de nuevo ingreso comenta que es la primera vez que adquiere un credito de este tipo, hoy esta contenta y agradece la confianza otorgada, dice que este credito lo destinará a la compra de mas mercancia y las ganancias las invertira en otro negocio que tiene en mente, colchas y cobertores para esta temporada. Ella tiene el firme proposito de hacer crecer su negocio y llegar a tener buenas ganancias y a si lograr el proyecto de poder terminar de construir su casa que por una u otra razón no ha logrado y está segura que con la ayuda de los prestamos a futuro logrará esta meta. Ella tiene 52 años y estudió hasta sexto grado de primaria, es casada pero ya no vive con su esposo, tiene 7 hijos, 2 hombres y 5 mujeres.

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
  • 4
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Concepcion De Santiago Group's $3,275 loan helped a member to buy more handicrafts and recyclable materials.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011