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Lilis 1 Group
In this Group: Edith, Ana Maria, Laura, Minerva, Maria Candelaria, Maricruz, Angelina, Roberta, Maricela
This photo was taken at Laura’s house, one of the Lilis I group members, which is located in the city of Orizaba in the state of Veracruz, México.

Laura has sold clothes and novelties for the last 4 years. She is asking for a loan to expand the business introducing more variety.

At the moment of asking for the loan she feels very happy and satisfied. She is 27 years old and studied up to high school. She’s married and has two children, a boy and a girl.

Laura wants the loan to buy merchandise. She hopes sales will increase and her family economy will improve. The group has 9 members.
View original language description ↓
Esta foto fue tomada en casa D. la señora Laura, una integrante del grupo Lilis 1 que está ubicado en la ciudad D. Orizaba en el estado D. Veracruz en México. Laura se dedica a la venta D. ropa y novedades que inicio hace 4 años,solicita el prestamo para incrementar su negocio metiendo mas variedad,al momento D. solicitar este prestamo se siente muy contenta y satisfecha. Ella tiene 27 años,estudio hasta la preparatoria,es casada y tiene 2 hijos: un hombre y una mujer. Laura quiere este credito para comprar mercancía,también espera aumentar sus ventas y mejorar su economía familiar. El grupo esta conformado por 9 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
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Lilis 1 Group's $2,575 loan helped a member to buy merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011