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Gotita De Amor Group
In this Group: Claudia, Brigida, Ana Isabel, Maria Guadalupe, Alejandra, Nelida, Refugia, Agustina, Maria Guadalupe, Gabriela, Maria
This group is called 'Gotita de Amor' (Droplet of Love) and is located in the State of Morelos in Mexico. Their community is known for the famous fiesta which takes place on August 30th, when people come from all over to celebrate the Patron Saint of the town of Santa Rosa de Lima.

This group has 11 members. Ana Isabel is a member of the group. Her business is sewing. She started her business fifteen years ago with a borrowed sewing machine as she wanted to help her husband with their children's expenses. She is requesting this loan to buy an electric sewing machine.

Ana Isabel is 39 years old. She studied up to the third year of her secondary education. She is married and has four children aged: 22, 19, 17 and 2. Her customers bring clothes to her to mend. Elementary school teachers send her orders because they like her service and the work she does. She feels happy because this loan will allow her to buy her electric sewing machine and fill the orders that she already has for this winter season.

Ana Isabel would like to use subsequent loans to buy another sewing machine. Her plans are to own her own sewing workshop and to hire people from her own community to work with her so that she can give them work and help them. She would like to use her profits to buy a plot of land for her children that she can leave them as an inheritance in the future.
View original language description ↓
Este grupo se llama Gotita de Amor y se ubica en el Estado de Morelos en México. Su comunidad se distingue por su fiesta celebre que es el 30 de agosto donde llega gente de diferentes lugares a celebrar juntos al santo patrón del pueblo Santa Rosa de Lima. El grupo está conformado por once integrantes.La señora Ana Isabel es integrante del grupo, se dedica a la costura negocio que inicio hace quince años con una máquina prestada con el fin de apoyar a su esposo con los gastos de sus hijos. Solicita el préstamo para comprar una máquina de coser eléctrica. Tiene 39 años de edad, estudió hasta el tercer año de secundaria. Es casada y tiene un total de cuatro hijos de: 22, 19,17 y 2 años de edad respectivamente. Sus clientes le llevan ropa a arreglar, maestros de primaria le mandan hacer pedidos porque les gusta la manera de como los atiende y el trabajo que les realiza. La señora Ana Isabel se siente contenta porque con este préstamo podrá comprar su maquina de coser eléctrica y poder sacar sus pedidos que ya tiene para esta temporada de invierno. Con los siguientes prestamos quiere comprar otra máquina de coser, sus planes son tener un taller de costura, y contratar gente de su misma comunidad que trabaje con ella para darles empleo y poder ayudarlas, con sus ganancias desea comprarse un terreno para sus hijos y dejarles un patrimonio a futuro.

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
  • 13
    View loans »
    Mexico Loans Fundraising
  • $18,789,925
    Funds lent in using Kiva
  • 12.3
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Gotita De Amor Group's $3,825 loan helped a member to buy a sewing machine.
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