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Ilusion 2 Group
In this Group: Elvia, Araceli, Ana, Guadalupe, Wendidalet, Juana, Rosa, Calletana, Mayra, Tomasa Maciel*
* not pictured
This photo was taken in Mrs Ana Pérez M.' house. Ana is 48 years old and studied up to the third year of high school. She is married and has 4 sons.

Ana is a member of the 'Ilusión 2' group which is located in San Martin Texmelucan. The photo shows the members of the group. The lady we have just mentioned sells breakfasts in her local school. She also has a small store and sells bread in the mornings and afternoons. She has been doing this for 4 years. She is requesting this loan to buy oil, canned goods and soft drinks, amongst other things. Ana comments that she would like to extend her store a little. Her customers are the town's residents in general and her business is located on the town's main road. At the time of requesting this loan she feels excited about being able to get ahead in her store and have a better life. She is requesting this loan to better stock her small store and, at the same time, improve her breakfast sales, increase her profits, and stock her store with more essentials.
View original language description ↓
La foto fue tomada en la casa de la Sra. Ana Pérez M. ,tiene 48 años, estudio hasta 3ro de secundaria, es casada y tiene 4 hijos varones. Ella es una integrante del grupo Ilusión 2, ubicado en San Martin Texmelucan puebla, en la foto se ve el compromiso del grupo; La Señora antes mencionada se dedica a vender desayunos en la escuela de su comunidad, también tiene una pequeña tienda , la cual descuido por dedicarse mas en la escuela lo que en las mañanas y en la tarde vende pan desde hace 4 años.Solicita el préstamo para comprar aceite, enlatados y refrescos entre otros, comenta la Sra. Ana que quiere agrandar un poco su tienda; sus clientes son la población en general y Su negocio se encuentra sobre la carretera principal de la población. Al momento de solicitar este préstamo se siente entusiasmada con la ilusión de salir adelante en su tiendita para un tener una mejor vida. Este crédito lo solicita para surtir más su pequeña tienda y a su vez mejorar su ventas de desayunos e incrementar sus ganancia e ir metiendo más artículos de primera necesidad.

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
  • 17
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Ilusion 2 Group's $4,000 loan helped a member to invest in her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011