Cruz De Cantera Group
Aurelia G. is the group's treasurer. She is 36 years old and completed her primary education. She has one child and has been selling tortillas for 7 years. She is requesting this loan to buy corn at a lower price because during this harvest season in the region, the price of corn falls. It is a strategy which she has used in the past and it has had good results.
Her customers believe that Aurelia's product is good and has that special touch. This is why they consume her product. Aurelia delivers to people's homes in neighboring communities. She also has customers in the State of Queretaro (who consume her product every week) and in the State of Puebla (who consume her product every fortnight). Aurelia started selling tortillas from her home, delivering her product on a bicycle. Through a lot of hard work she managed to buy a vehicle 5 years ago which has helped her a lot with her deliveries.
At the moment of requesting her loan, Aurelia feels sure that she can get ahead in life with the moral support of her fellow group members. In the not-so-distant future, she would like to acquire a plot of land through her hard work and the support of her lenders.
La sra. Aurelia G. es la tesorera del grupo, tiene 36 años de edad, estudió la primaria, tiene un hijo, y se dedica ala venta de tortillas desde hace 7 años. Solicita el prestamo para la compra de maiz a menor costo porque en esta temporada de cosecha en la región el precio del maiz disminuye, es una estrategia que ha utilizado y le ha dado buenos resultados. La opinión de sus clientes es de que es un buen producto y que tiene un toque especial por ello consumen el producto, reparte a domicilio a las comunidades aledañas, tambien cuenta con clientes del estado de Queretaro (le consumen cada 8 dias) y clientes del estado de Puebla (le consumen cada 15 dias). Ella inicio vendiendo tortillas en su domicilio, repartiendo su producto en una bicicleta; con su arduo trabajo posteriormente compro un vehiculo que le facilito aun más las entregas (hace 5 años).
Al solicitar el prestamo la señora siente segura de poder salir adelante, además de contar con el apoyo moral de sus compañeras. En un futuro no muy lejano ella piensa adquirir un terreno con base a su trabajo y el apoyo de los presamistas.
About CrediComunThis 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.
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