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El Rapidito Group
In this Group: Maricela, Esthela, Francisca, Esthela, Rosalia, Leticia, Maria Del Carmen, Yolanda, Filomena, Maria Concepcion
This loan group is named ‘Quickly’ because they never imagined that they would receive services in such a short time. The group is located in the State of Mexico and it has 10 members.

EstheL. L. is the group’s treasurer and studied until the 1st year of secondary school. She is a homemaker and has two daughters who are 6 years old and 4 months old. For the past 4 years she has dedicated herself to raising and selling chickens; she comments that thanks to her investment in her chicken business, she was able to build her house, which is still not finished. She hopes that with this loan she will be able to invest more in her business, given that this is the season in which has the most sales. EstheL. sells her chickens in the El Tianguis community, and also sells to people from nearby communities who come to her home to make their purchases. She says that the success of her business is due to her good prices and that she always tries to ensure that she has enough products to maintain good customer relations.

She is requesting this loan to purchase more chickens and feed. She is very excited to request this loan, and has short term plans to build a room for her eldest daughter; she also wants to be able to proviD. her daughters the education that she wasn’t afforded, so that they can have an improved quality of life and self-worth.

Note: In the photo, EstheL. is the member who is not very visible.
View original language description ↓
ESTE GRUPO SE LLAMA EL RAPIDITO POR QUE NUNCA SE IMAGINARON QUE SE LES FUERA A BRINDAR EL SERVICIO EN POCO TIEMPO; ESTÁ UBICADO EN EL ESTADO D. MÉXICO. EL GRUPO ESTÁ CONFORMADO POR DIEZ INTEGRANTES.

L. SEÑORA ESTHEL. LÓPEZ ES L. TESORERA DEL GRUPO, ESTUDIO HASTA PRIMERO D. SECUNDARÍA; ES AMA D. CASA Y TIENE DOS HIJAS, UNA D. ELLAS TIENE SEIS AÑOS Y L. OTRA TIENE CUATRO MESES. DESD. HACE CUATRO AÑOS SE DEDICA A L. CRÍA Y VENTA D. POLLOS, NOS COMENTA QUE GRACIAS A QUE HA INVERTIDO EN EL NEGOCIO D. LOS POLLOS ELL. CONTRUYÓ SU CASA, L. CUAL TODAVIA NO TERMINA. ELL. ESPERA CON EL CREDITO PODER INVERTIR MÁS YA QUE EN ESTA TEMPORADA ES CUANDO TIENE MAS VENTAS. ESTHEL. REALIZA SUS VENTAS EN EL TIANGUIS Y VAN PERSONAS D. LAS COMUNIDADES CERCANAS A COMPRARLE TAMBIEN A SU DOMICILIO, ELL. DICE QUE EL EXITO D. SU NEGOCIO SE DEBE A QUE DA A BUEN PRECIO Y SIEMPRE TRATA D. TENER UNA CANTIDAD SUFICIENTE PARA NO QUEDARLE MAL A SUS CLIENTES. ELL. SOLICITA EL PRESTAMO PARA COMPRAR MÁS POLLOS Y ALIMENTO. AL MOMENTO D. SOLICITAR ESTE PRESTAMO SE SIENTE EMOCIONADA Y TIENE PLANEADO A CORTO PLAZO CONSTRUIRLE UN CUARTO A SU HIJA MAYOR Y PODER BRINDARLES A SUS HIJAS LOS ESTUDIOS QUE ELL. NO TUVO PARA QUE TENGAN UNA MEJOR CALIDAD D. VIDA Y PUEDAN VALERSE POR SI MISMAS.
OBSERVACIONES: EN L. FOTO L. SEÑORA ESTHEL. ES L. QUE NO SE VE BIEN.

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
  • 23
    View loans »
    Mexico Loans Fundraising
  • $18,670,800
    Funds lent in using Kiva
  • 12.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Rapidito Group's $1,950 loan helped a member to purchase more chickens and feed.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2010
Listed
Dec 4, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011