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Eclipse Total Group
In this Group: Leticia, Rocio, Yolanda, Raquel, Juana, Beatriz*, Nicolasa, Yolanda, Elia Araceli*, Adriana
* not pictured
The 10-member Total Eclipse group is located in Mexico state. Yolanda is the group’s treasurer and for the past year has earned her living fattening pigs. She is seeking a loan to buy some more piglets which she will look after and fatten for five months, as she knows that in this period of time the piglets will increase in value allowing her to sell them for a considerable profit. With the money she earns she is planning to make some repairs to her house; she alone supports the household.

Yolanda is 24 years old and studied up to third year of high school. She is divorced and has a 5-year old son.
View original language description ↓
Este grupo se llama Eclipse Total y está ubicado en el Estado de México.El grupo está conformado por 10 integrantes. Yolanda es la tesorera del grupo. Ella se dedica a la engorda de cerdos desde hace un año, solicita el prestamo para comprar algunos cerdos pequeños, los cuales cuidará y engordará durante 5 meses, ya que sabe que en este lapso de tiempo los cerdos aumentaron razonablemente su valor y al venderlos le quedará una ganancia considerable la cual tiene pensado ocupar en hacer arreglos a su vivienda, ya que ella sola sostiene su hogar. Tiene 24 años de edad, estudio hasta el tercer año de la secundaria,es divorciada y tiene un hijo de 5 años de 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 Eclipse Total Group's $2,025 loan helped a member to buy more livestock.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011