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Luna Nueva En Huiloapan Group
In this Group: Jessica Veneranda, Jacinta, Maria Antonia, Bertha, Ofelia, Concepcion, Concepcion, Elvia Yuridia*, Veronica, Ana Maria, Estela, Lucia, Virginia Yasmin, Yadira Selene, Nancy, Imelda Karina
* not pictured
This photo was taken in Concepción F. Domínguez’s house. She’s a member of the Luna Nueva (New Moon) group in Huiloapan which is in the state of Veracruz in México. Of the 16 group members, 15 were able to gather together which isn’t always the case in such large groups.

One can see Concepción’s griddle in the photo. She sells fast food snacks in the morning and afternoon, a business she started 15 years ago.

She is asking for the loan to invest in ingredients for her snack preparation.

At the moment of requesting the loan she feels very happy. She is 50 years old and studied up to secondary school. She is a mother of three daughters.

She wants the loan to invest in ingredients to make her fast food snacks. She also hopes to continue to have the firm’s support to continue with the loan thus improving her profits.
View original language description ↓

Esta foto fue tomada en casa D. Concepción F. D., una integrante del grupo D. Luna Nueva en Huiloapan, que está ubicado en el Estado D. Veracruz en México, se logró reunir a 15 integrantes D. las 16 que son, lo cual no siempre se logra al ser grupos tan númerosos. Se ve el comal D. la señora Concepción en la foto. Ella se dedica a la venta D. antojitos en la mañana y en la tarD., negocio que inició hace 15 años. Solicita el préstamo para invertir más en materias primas para la venta D. antojitos. Al momento D. solicitar este préstamo se siente muy contenta. Tiene 50 años estudió hasta la secundaria, es madre y tiene un total D. 3 hijas. Quiere este crédito para invertir en las materias primas para la venta D. antojitos. También espera seguir contando con el apoyo D. la empresa para seguir con el préstamo y así mejorar sus ganancias.


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
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Luna Nueva En Huiloapan Group's $3,475 loan helped a member to buy ingredients for her food preparation.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011