Check out other loans that are currently fundraising!
Primavera Extreme Group
In this Group: Maria Luisa, Enriqueta, Mireya, Maria Guadalupe, Matilde, Nancy, Karina, Leydi Laura, Angelica*
* not pictured
This group is called 'Primavera Extreme' (Extreme Spring). The group's members decided to give it this name because the group was founded in the Spring and it was extremely hot at the time. The Primavera Extreme group is located in Pachuca Hidalgo in Mexico. It has 9 members.

Mrs Karina M. is the group's president. She is 31 years old and studied up to the third year of high school. She sells shoes and bedspreads. She is a single mother and has 2 children: a 10 year-old girl and a 12 year-old boy. She started this business because her job as a cleaner didn't pay enough so she decided to look for more income. She is requesting this loan to invest in her business selling shoes and bedspreads since she needs more investment in these months since it is a good season for sales of her products. She says that the support she gets from her loans is very important for her and her family since she reinvests her money and can thereby support her children in their studies and get them ahead in life which is very important for her. In the photo Mrs Angelica R. A. is missing because she had a school meeting to attend.
View original language description ↓
Este grupo se llama Primavera Extreme. las integrantes del grupo decidieron llamarle asi porque el grupo se conformo en la primavera, eran dias extremadamente calurosos. Primavera extreme se encuentra ubicado en Pachuca Hidalgo en México, está conformado por 9 integrantes .La señora Karina M. es la presidenta del grupo. tiene 31 años D. edad, estudio hasta el tercer año D. secundaria, se dedica a vender zapatos y colchas. Ella es madre soltera tiene 2 hijos; una niña D. 10 y un niño D. 12 años. Inició este negocio ya que del empleo como domestica no le alcanzaban los ingresos, asi es que decidió buscar nuevos ingresos. Solicita el credito para invertir en el negocio D. zapatos y colchas, ya que en estos meses se requiere D. mayor inversión, ya que son temporadas altas para las ventas D. sus productos. Comenta que es muy importante para ella y su familia el apoyo que se le da con los créditos pues así reinvierte su dinero y pueD. apoyar a sus hijos en sus estudios y sacarlos adelante es para ella lo mas importante.En la foto falta la sra. Angelica R. A., esto debido a que tuvo reunión escolar.

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
  • 37
    View loans »
    Mexico Loans Fundraising
  • $19,077,825
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Primavera Extreme Group's $3,400 loan helped a member to invest in her business during this season which is a good one for sales.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011