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San Martin Mb Group
In this Group: Maria Nieves, Luz, Martina, Benita, Maria Celina, Alma Eduwiges, Lucero, Ines, Maria Esther Carmen
This photo was taken at Benita's house, a member of the group San Martin MB which is located in the state of Veracruz in México. In this photo, a group of women can be seen gathered around the Christmas decorations that Benita sells. Benita began selling clothes and Christmas decorations six years ago. She is applying for this loan to purchase winter clothing. At the time of applying for the loan she felt satisfied with the terms of the loan.

Benita is 35 years old and studied until the second year of secondary school. She lives in a common-law marriage and has four children: two girls and two boys. She is requesting this loan to purchase more merchandise for the Christmas season and to increase her income. She also hopes to make some renovations on her house, change the furniture and support her children's studies.

Eugenia del Carmen G. is the president of the group. She is 25 years old, studied until she reached high school and is married. She began selling sweets four years ago and is now requesting a loan to purchase sweets and toys to sell.

The group is made up of nine members and all of them appear in this photo.
View original language description ↓
La foto fue tomada el la casa de Benita, una integrante del grupo San Martin MB que está ubicado en el Estado de Veracruz en México. Se ve al grupo de señoras al rededor de los arreglos navideños que vende doña Benita en la foto. Ella se dedica a vender ropa y adornos navideños que inicio hace 6 años. Solicita el préstamo para comprar ropa de invierno. Al momento de solicitar este préstamo se siente satisfecha con su crédito. Tiene 35 años, estudió hasta segundo de secundaria, vive en unión libre y tiene un total de 4 hijos; 2 mujeres y 2 varones. Quiere este crédito para comprar más mercancía de temporada y mejorar sus ingresos. También espera realizar mejoras en su casa, cambiar sus muebles y apoyar los estudios de sus hijos. Eugenia del Carmen G. es la Presidenta del grupo. Tiene 25 años, estudió hasta secundaria y es casada. Ella se dedica a la venta de dulces que inicio hace 4 años. solicita el préstamo para comprar dulces y jugetes para vender. El grupo esta conformado por 9 integrantes y todas aparecen en la foto.

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
  • 12
    View loans »
    Mexico Loans Fundraising
  • $18,789,925
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Martin Mb Group's $2,100 loan helped a member purchase winter clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 26, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011