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Las Manzanitas 1 Group
In this Group: Isabel, Teresa, Lesvia, Teresa, Lidia Elvira, Silvia, Yazmin, Roberta, Laura Pascuala, Andrea, Sara, Rosa
This photo was taken at the home of Isabel G. L., a member of the group “Las Manzanitas I” (The Little Apples I), which is located in the State of Veracruz in Mexico. There are eleven group members who appear in the photo. Isabel began selling snacks 25 years ago and is requesting a loan to acquire chairs and tables for her soup stand at the new market in Orizaba. Her earnings have increased since starting her business in this new location. Upon submitting her request, Isabel felt satisfied and happy to be receiving a new loan. She is 40 years old and studied through elementary school. Isabel is the mother of six children, three sons and three daughters. Isabel wants his loan so that she can buy chairs and tables for her new stand at the Orizaba Market. In addition, she hopes to earn money to finish the construction of her house and have a better quality of life.


Note: The woman standing second to the left and holding a baby is Rosa P., but she cannot be seen very well.

View original language description ↓
Esta foto fue tomada en la casa de Isabel G. L., una integrante del grupo de Manzanitas I, que esta ubicado en el estado de Veracruz en México. Se ve a las 11 integrantes del grupo en la foto. Ella se dedica a la venta de antojitos,que inició hace 25 años. Solicita este prestamo para adquirir, sillas y mesas para su puesto de memelas ( sopes ) en el nuevo mercado de orizaba. Sus ganacias han aumentado por la nueva ubicación que tiene el negocio de la señora. Al momento de solicitar este prestamo se siente satisfecha y muy contenta por el nuevo prestamo.Tiene 40 años estudio hasta primaria, es madre y tiene 6 hijos, 3 hombres y 3 mujeres. Quiere este credito para comprar sillas y mesas para su nuevo puesto en el mercado orizaba. Tambien espera obtener ganancias para terminar de construir su casa y tener mejor calidad de vida. Observación: la segunda señora de izquierda a derecha, que carga un bebe, pero no se ve ella bien se llama Rosa P..

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
  • 32
    View loans »
    Mexico Loans Fundraising
  • $18,007,675
    Funds lent in using Kiva
  • 12.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Manzanitas 1 Group's $2,825 loan helped a member purchase tables & chairs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 31, 2010
Listed
Feb 1, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011