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Jazmines Sumi Group
In this Group: Vicenta, Patricia, Soyla, Norma, Rocio, Maria Del Carmen, Laura, Adelaida, Victoria, Araceli, Teodora
This photo was taken in the home of Mrs Norma, a member of the Jazmines Sumi group, which is located in the VeraC. state, Mexico. The women are pictured around the clothing that Norma sells. She has sold clothing for three years. She is requesting this loan to purchase more seasonal clothing in order to have her store well-stocked. Her friends and customers know her as a responsible, hard-working person who is dedicated to her family.
She is very happy that it is already a good time to sell her winter clothing. She is 38, and studied up to high school. She is married with 3 children; 2 sons and one daughter. She wants this loan to stock her clothing business and improve her sales. She also hopes to continue supporting her daughter with her biotechnology engineering studies in Puebla. In the future, she hopes to build some rooms in her home for her children.
View original language description ↓
Esta foto fue tomada en la casa de la señora Norma, una integrante del grupo Jazmines sumi, que está ubicado en el Estado de VeraC., en México. Se ve al grupo de señoras al rededor de la ropa que vende la señora Norma en la foto. Ella se dedica a la venta de ropa que inicio hace 3 años. Solicita el préstamo para comprar mas ropa de tempoarada y tener bien surtido su negocio. Sus compañeras y clientes la conocen por ser una persona responsable, trabajadora y dedicada a su familia. Al momento de solicitar este préstamo se siente muy contenta ya que aún es buena fecha para vender se ropa de invierno. Tiene 38 años, estudio hasta secundaria, es casada y tiene en total 3 hijos, 2 varones y 1 mujer. Quiere este crédito para surtir su negocio de ropa y con ello mejorar sus ventas. También espera seguir apoyando a su hija con la carrera de Ingenieria de Biotecnologica en Puebla y en un futuro poder construir en su casa unos cuatros para 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

  • $15,600
    Average annual income
  • 12
    View loans »
    Mexico Loans Fundraising
  • $18,777,525
    Funds lent in using Kiva
  • 12.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Jazmines Sumi Group's $3,675 loan helped a member to purchase more seasonal clothing for the business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Feb 1, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011