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Nueva Estrella Group
In this Group: Belinda, Cristina Patricia, Epifania Juana, Auria, Andrea Candelaria, Abigail, Cecilia, Alejandra
The photo shows the group named “Nueva Estrella” (New Star), which is located in the State of Puebla in Mexico. There are eight members in the group. The photo was taken at the business of Sra. Auria R.J., one of the group members who has been managing a small grocery store out of her home for the past four years. She is known among the customers who buy from her. They say that they are satisfied because Auria is very helpful, offers good prices, and has the variety of products that they need, including fruits and vegetables. Auria says that her loan will be used to buy more merchandise and the profits will be invested in the expansion of her business. She is determined to build another room on her property that will later be used as the location for her business.


Auria is 58 years old, married, and has a fourth graD. education. She has three children, a son and two daughters.

View original language description ↓
En esta fotografia se muestra al grupo llamado NUEVA ESTRELLA, el cual esta ubicado en el estado D. Puebla, Mexico. Está conformado por 8 integrantes. En la fotografía se muestra la actividad comercial a la que se dedica la Señora Auria R. J. una integrante del grupo, una pequeña tienda D. abarrotes con la que ya tiene 4 años, esté comercio lo tiene dentro D. su casa. Ella es conocida por mucha gente que le compra, sus clinetes estan contentos porque dicen que es muy servicial, da buenos precio y les gusta la variedad D. productos que tiene, entre sus productos venD. frutas y verduras. Ella comenta que este crédito lo destinara a la compra D. más mercancía y las ganancias las invertira en agrandar su negocio. Tiene el firme propósito D. construir otro cuarto en su propiedad, y más adelante lo destinara como local para su negocio. Ella tiene 58 años y estudio hasta el cuarto grado D. primaria, es casada, tiene 3 hijos; 1 hombre y 2 mujeres.

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
  • 6
    View loans »
    Mexico Loans Fundraising
  • $17,358,450
    Funds lent in using Kiva
  • 12.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Estrella Group's $2,175 loan helped a member purchase basic food products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2011
Listed
Feb 6, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011