This group is called Benito Juárez because that is the name of the neighborhood where they live. It is located in Mexico in the state of MoreL., and the community stands out for its traditional fish market which was November 28th. The group is comprised of 10 members and Roció Gutiérrez is the group treasurer. She works selling groceries, a business which she began a year ago. She is requesting a loan to purchase more merchandise for the store. She is 36 years old, has secondary education, and is married with four children – three girls (15, 11, and 5 years old) and a small 3-year-old son. Her customers feel at ease because they always find the products that they need. Upon applying for her loan, she is happy because she will be able to buy detergents and canned goods that she is lacking in her store and with the earnings, she will buy a refrigerator for her house.
Este grupo se llama la Benito Juárez porque así se llama la colonia en donD. viven ellas ,esta ubicado en MoreL. en México ,esta comunidad se distingue por su tradicional feria del pezcado la cual fue el 28 D. noviembre ,el grupo está conformado por 10 integrantes.Roció Gutiérrez es la tesorera del grupo, ella se dedica a la venta D. abarrotes negocio que inicio hace 1 año .solicita su préstamo para comprar más mercancía para la tienda, tiene 36 años D. edad, estudió la secundaria, es casada ella tiene 4 hijos: tres mujeres D. 15, 11,5 años y su pequeño hijo D. 3 años, sus clientas se sienten agusto por que siempre encuentran L. productos que necesitan. Al momento D. solicitar su préstamo se siente contenta por que con el podrá comprar detergentes y productos enlatados que le hacen falta en su tienda y con las ganancias ella comprara un refrigerador para su casa.
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.