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Las Malenitas Group
In this Group: Maria Antonia, Maria Elena, Soledad, Maria Del Rosario, Yolanda, Erika*, Guadalupe, Eva, Maria Del Carmen, Maria Del Rosio, Graciela, Guadalupe
* not pictured
The photo was taken in Mrs. María Elena M.’s business. She’s a member of the Las Malenitas group which is located in the state of VeraC. in México. One can see the members and Mrs. María Elena M.’s grocery store in the photo. She has sold groceries for the last 10 years. She is asking for the loan to invest in merchandise and to buy cold cuts. Her profits increased thanks to the loan we granted her.

At the moment of requesting this loan she feels very happy. She is 45 years old and went up to secondary school. She’s a mother of three children: two girls and one boy.

She wants this loan to stock up on groceries and to buy cold cuts.

She expects to continue to have KIVA and CrediComún support to continue improving her profits. The group has 12 members.
View original language description ↓
L. foto fue tomada en el negocio D. L. señora María Elena M., una integrante del grupo D. Las Malenitas, que está ubicado en el estado D. VeraC. en México. Se ve a las integrantes y L. tienda D. abarrotes D. L. señora María Elena M. en L. foto. ElL. se dedica a L. venta D. abarrotes que inicio hace 10 años. Solicita el préstamo para invertir en mercancía y compra D. carnes frías. Sus ganancias aumentaron gracias al crédito que le otorgamos. Al momento D. solicitar este préstamo se siente muy contenta. Tiene 45 años estudió hasta L. secundaria, es madre y tiene en total 3 hijos; 2 mujeres y 1 hombre. Quiere este crédito para surtir en L. venta D. abarrotes y compra D. carnes frías. También espera seguir contando con el apoyo D. KIVA y CrediComún, para ir mejorando sus ganancias. El grupo está conformado por 12 integrantes.

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
  • 11
    View loans »
    Mexico Loans Fundraising
  • $18,605,350
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Malenitas Group's $4,750 loan helped a member to buy merchandise and invest in cold cuts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 22, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011