Luna Nueva 1 Group
Natalia Edith E. is the group's president. She is 28 years old and studied up to the third year of high school. She has been selling shoes from a catalog for 5 years. She has three children aged 9, 7 and 3. Owing to Natalia's personality and her charisma in dealing with people, her customers are satisfied and happy. She even manages to create a pleasant atmosphere within the group. She is requesting this loan so that she can invest in buying catalogs for the winter season and also invest in buying shoes for the season.
This photo was taken in María Esperanza's house. She offered her home as a place for the group meeting. In the photo you can see the harmony and pleasant atmosphere which clearly shows the solidarity and unity which exists between all the members of this group. The meeting took place in María Esperanza's garden and it is a peaceful and cheerful place. Sánchez Juárez María Elena is missing from the photo because she had to go and deliver an order to Mexico City.
About CrediComunThis 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.
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Success!! The loan was 100% repaid