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La Caridad Group
In this Group: Juana, Carmen, Maria De Jesus, Lucero*, Eduwiges, Beatriz, Cristina, Bonifacia, Karen Magali, Seledonia
* not pictured
The group is called “La Caridad” after the community located in the State of Mexico. It has 10 members.

Maria de Jesus J. finished secondary school. She’s a merchant and has two children, a two-year-old and a five-month-old. She has had a grocery store for three years.

She is asking for the loan to stock her store because her customers want it to be better stocked so that they don’t have to walk too much. What has caused the business to grow over time, though, has been the service she provides.

She is filled with enthusiasm while requesting the loan because thanks to this opportunity she will be able to have a wider variety of products. Her expectations for her life now are very good; she will be able to provide her children with a better living standard.
View original language description ↓
EL GRUPO TIENE POR NOMBRE LA CARIDAD ADAPTO EL NOMBRE DE LA COMUNIDAD, ESTA UBICADO EN EL ESTADO DE MEXICO. EL GRUPO ESTA CONFORMADO POR 10 INTEGRANTES LA SEÑORA MARIA DE JESUS J. TERMINÓ LA SECUNDARIA ,ES COMERCIANTE TIENE 2 HIJOS: UNO DE 2AÑOS Y EL OTRO DE 5 MESES. ELLA TIENE UNA TIENDA DE ABARROTES LA CUAL TIENE 3AÑOS, SOLICITA EL PRESTAMO PARA SURTIR SU NEGOCIO, YA QUE SUS CLIENTES DESEAN QUE ESTÉ MÁS SURTIDO PARA NO CAMINAR MUCHO, PERO SOBRE TODO LA ATENCIÓN DE LA SEÑORA ES LO QUE HACE QUE SU NEGOCIO VAYA CRECIENDO CONFORME PASA EL TIEMPO.AL MOMENTO DE SOLICITAR EL CRÉDITO ELLA ESTÁ LLENA DE ENTUSIASMO YA QUE GRACIAS A ESTA OPORTUNIDAD ELLA PODRA TENER MAS VARIEDAD DE PRODUCTOS, AHORA LAS ESPECTATIVAS DE VIDA QUE TIENE SON MUY BUENAS PODRA DARLE UN MEJOR ESTILO DE VIDA A SUS HIJOS.

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
  • 4
    View loans »
    Mexico Loans Fundraising
  • $17,308,100
    Funds lent in using Kiva
  • 12.4
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Caridad Group's $3,250 loan helped a member for groceries.
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:
Apr 15, 2011