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Las Peras Del Bicentenario Group
In this Group: Esperanza, Juana, Cecilia, Alejandra Guadalupe, Maria Guadalupe, Angelica, Maria Concepcion, Georgina, Rosa Maria
This group is called LAS PERAS DEL BICENTENARIO. The members are fighters and they fight for what they want and, above all, to protect their aspirations. The members of the group live in the Mexican city of Tula de Allende Hidalgo. Sra. Cecilia R. C. is one member. She is 54 years old and has a sixth-grade education. She has operated a business selling pictures for eight years. She will use this loan to buy more pictures because she thinks that this is a good time to sell them. She hopes that the loan and her own efforts to sell her pictures will give her a better quality of life.
View original language description ↓
Este grupo se llama LAS PERAS DEL BICENTENARIO, ellas se consideran unas personas que luchan por lo que quieren, pero sobre todo que defienden sus ideas ante cualquier persona. Este grupo esta ubicado en la Ciudad de Tula de Allende Hidalgo. La Sra Cecilia R. C. es integrante del grupo antes mencioando arriba, la Sra. Cecilia R. C. tiene 54 años, estudio hasta el sexto año de primaria y se dedica a la venta de cuadros desde hace ocho años. Ella quiere este credito para la compra de mas cuadros, ya que ella considera que esta es muy buena epoca para la venta de sus cuadros, ella espera que con este credito y con sus ventas tenga una mejor calidad de vida.

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
  • 12.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Peras Del Bicentenario Group's $3,225 loan helped a member buy art for resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2010
Listed
Feb 1, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011