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Nuevo Amanecer Soleado Group
In this Group: Rocio, Rosario, Martha Ines, Maria Elena, Rufina, Marisela, Victorina, Ivette, Maria Antonia, Iris Vanessa, Norma Cristina
The name of the group is “Nuevo Amanecer Soleado” (Sunny New Dawn). It got its name because they always imagine waking up with money, and they visualize an excellent day. The group is located in the state of México, and it is comprised of 11 members.

Roció Salas Solís, age 29, is a member of the group. She has a seven year old daughter. She sells wood products, clothes, and paper items. She is requesting the loan to invest in her business to be able to get basic materials for the coming Christmas season. She works in her house. She has always been known to be a very hard-working young person.
View original language description ↓
El grupo se llama NUEVO AMANECER SOLEADO. Porque se imaginan amanecer siempre con dinero y visualizan un día excelente. Está ubicado en el Estado de México. El grupo está conformado por 11 integrantes. La Sra. Roció Salas Solís, es una integrante del grupo quien tiene 29 años. Tiene una hija de 7 años. Se dedica a vender productos de madera, ropa y artículos de papel. Solicita su préstamo para invertir en su negocio y poder adquirir materias primas, ya que se acerca la época navideña. Ella trabaja en su casa. Siempre se le ha conocido como una persona muy trabajadora a su corta edad.

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
  • 29
    View loans »
    Mexico Loans Fundraising
  • $19,068,050
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Amanecer Soleado Group's $3,950 loan helped a member to buy basic materials.
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:
May 15, 2011