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El Corazon De Flor Group
In this Group: Cristina, Catalina, Robertina, Rafaela, Maria Carolina, Ines, Leticia, Sara, Camelia
This group is called 'El Corazón De Flor' (Flor's Heart) because 'Flor' is the name of the daughter of one of the group's members. The group is located in the city of Tehuacan, in the State of Puebla, in Mexico and has 9 members.

Mrs Leticia S.T. sells meals and she set up her business four years ago. She is requesting this loan to buy ingredients so that she can offer more variety in her products and better carry out her work. She is 43 years old and studied up to the 6th year of elementary school. She is a single mother and has one son aged 11. Leticia's customers say that she provides a good service and good-tasting food. Her premises are centrally located and located opposite a spa. She always greets her customers with a smile and provides food which satisfies their palates. At the moment of requesting this loan, Leticia feels happy that she will be able to meet her customers' demands. She would like to invest this loan in her business and thereby make more profits. She also hopes to continue supporting her family financially and expanding her home.
View original language description ↓
El grupo se llama El Corazón De Flor, porque es el nombre de una hija de una integrante, se ubica en la ciudad de Tehuacan en el estado de Puebla en México. El grupo está conformado por 9 integrantes. La sra. Leticia S. T. se dedica a la venta de alimentos, que inició hace cuatro años. Solicita el prestamo para la compra de ingredientes y asi poder tener más variedad en sus productos y realizar mejor su trabajo. Tiene 43 años, estudio hasta el 6to año de primaria. Es madre soltera y tiene en total 1 hijo varón de 11 años de edad. Sus clientes opinan que tiene buen servicio, buen sazón, y su local está céntrico, ya que está frente a un balneario, siempre los recibe con una sonrisa, además cuenta con lo necesario para satisfacer su paladar. Al momento de solicitar este prestamo se siente alegre porque va a poder cumplir con las espectativas de sus clientes. Quiere este credito para invertir en su negocio y asi obtener mayores ganancias. Tambien espera seguir apoyado económicamente a su familia con la ampliacion de su casa.

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
  • 15
    View loans »
    Mexico Loans Fundraising
  • $17,541,650
    Funds lent in using Kiva
  • 12.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Corazon De Flor Group's $2,525 loan helped a member to buy merchandise and make meals.
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:
Jun 15, 2011