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Las Españolas Group
In this Group: Rosa, Teresa*, Rafaela, Marisol, Rosalva, Laura, Juana, Angela, Citlali
* not pictured
This group is called 'Las Españolas' (The Spanish Women) after the Nueva España (New Spain) community. It is located in Atlacomulco, in the State of Mexico. The group has 9 members.

Citlali L. López is a member of this group. She is 25 years old and studied up to the third year of secondary school. She is married and has a 9 month-old son. She works in her grocery business which she set up 3 months ago and in the mornings she works in her plant greenhouse which she set up 3 years ago. She is requesting this loan to increase the products in her grocery store and thereby satisfy her customers' demand and improve her financial stability. She would also, in the future, like to set up an Internet café which will bring her another income. As she requests this loan she feels happy because she has the opportunity to improve her business and achieve her goals in a fairly short space of time. She thereby hopes to be able to provide her son and family with economic stability.
View original language description ↓
Este grupo se llama Las Españolas, por el nombre de la comunidad Nueva España, está ubicada en Atlacomulco Estado de México. Este grupo está conformado por 9 integrantes.

Citlali L. López es integrante de este grupo. Tiene 25 años estudio hasta el 3ro de secundaria es casada y tiene un hijo de 9 meses. Ella se dedica a la atención de su negocio de abarrotes que inicio hace 3 meses y por las mañanas trabaja en su invernadero de plantas que lo inicio hace 3 años. Solicita el préstamo para incrementar sus productos en su abarrotería y así satisfacer la demanda de los clientes y mejorar su estabilidad económica. También desea en un futuro poner un cyber cafe que le aporte un ingreso mas. Al momento de solicitar este préstamo se siente feliz porque tiene la oportunidad de mejorar su negocio y cumplir con sus objetivos en un plazo no muy largo y con esto espera brindarle una estabilidad económica a su hijo y familia.

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
  • 38
    View loans »
    Mexico Loans Fundraising
  • $19,122,575
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Españolas Group's $3,000 loan helped a member to invest in her business and satisfy her customers' demands.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011