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San Isidro 1 Group
In this Group: Dina, Maricela, Maria Luisa, Juana, Simona, Engracia, Minerva, Rosalba, Clemencia, Yazmin, Marina
This Group is called San Isidro I because his is the patron saint of the community the group is from. It’s in Hidalgo state in México. The group has 11 members.

Rosalba is a member of the group. She’s 27 years old and finished third grade. She started selling plants three years ago. She is asking for a loan to invest in the poinsettia season since this is the season when she sells the greatest number of plants.

Her customers recommend her widely because she has a good variety of plants and always strives that her customers feel satisfied with their purchases.

She started the business as a hobby since she’s always liked plants. She wants this loan to invest in the business because she wants to increase her customer base to earn higher income and be able to offer her son a better future.
View original language description ↓
Este grupo se llama San Isidro1, porque es el Santo del municipio de donde es originario el grupo, pertenece al Estado de Hidalgo en México. El grupo está conformado por 11 integrantes. Rosalba es una integrante de este grupo. Tiene 27 años, estudió hasta el tercer grado de primaria. Ella se dedica a la venta de plantas que inició desde hace 3 años. Solicita el prestamo para invertir en la temporada de noche buena, ya que en esta epoca es cuando ella vende el mayor número de plantas.Sus clientes recomiendan ampliamente a la señora porque les ofrece un buen surtido en plantas y siempre trata de que sus clientes se sientan a gusto con lo que compran. Ella inicio el negocio como un pasatiempo ya que siempre le han gustado las plantas.Quiere este credito para poder invertir en su negocio ya que desea incrementar el numero de clientes y de esta forma obtener un mayor ingreso y poder ofrecerle un mejor futuro a su hijo.

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
  • 5
    View loans »
    Mexico Loans Fundraising
  • $17,357,500
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Isidro 1 Group's $3,775 loan helped a member to invest in the poinsettia season.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011