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Corazon De Ayala Group
In this Group: Hilda, Katia, Justina, Felicitas, Sarahi, Eufemia, Araceli, Erica, Reynalda
Sarahi M. is married, has two children, and has dedicated herself to sales for 14 years. She currently would like to start a business renting tables and chairs for events and in this way increase her income to pay for the educational expenses of her children. She has a good credit history but has only been a member of CrediComun for less than a year. She is well-liked by the institution and she, like the others in the group, has received incentives to be punctual in her payments. She would like to be a long-term member of the group as she knows that it is a good resource to help her grow her business.

Reynalda C. is the woman in the pink sweatshirt that you can see in the extreme left of the photo. She is slightly cut out of the photo, but you can see her face.
View original language description ↓
La señors Sarahi M. es casada, tiene dos hijos y lleva 14 años dedicandose a ventas, en esta ocasión desea iniciar un negocio de renta de tablones y sillas para eventos y así poder tener más ingresos para solventar gastos de la educación de sus hijos teniendo este nuevo negocio. Cuenta con un buen historial crediticio aunque en credicomun está por cumplir un año sin embargo comenta que se siente muy a gusto con la institución, ya que se siente reconocida al recibir los incentivos por ser puntual tanto ella como el resto del grupo, espera seguir mucho tiempo con la empresa pues está conciente de que es una buena oportunidad para incrementar su negocio. La señora Reynalda C. es la señora de sudadera rosa que se ve en el extremo izquierdo de la foto, salio un poco cortada, pero sí se alcanza a ver su rostro.

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
  • 25
    View loans »
    Mexico Loans Fundraising
  • $17,999,625
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazon De Ayala Group's $3,300 loan helped a member to buy tables and seats to rent.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011