This group is called "Girasoles" (Sunflowers) because flowers are cultivated in the area where they live, among them the sunflowers. This group is located in the south of the state of Mexico. The group has 8 members. Angelica Díaz M. is one of the members. She is 21 years old, works in floriculture, and has a 4 year-old child. She has been growing roses for 5 years. She requests a loan to buy insecticide sprays and fertilizers, so that she can have good quality roses. Her customers say that the variety of flowers that she sells are very high quality, and so can be used for floral arrangements or for home use. In requesting this loan she feels very pleased, since with the extra support of her family, she will be able to grow economically and offer her child an education and a better house. She would like to continue to have the support of the loans so that she can continue to produce roses and become known in other states and countries.
Este grupo se llama "Girasoles" porque ya que en la zona que viven se dedican al cultivo de flor, entre ellos de girasoles. Esta ubicado al sur del Estado de México. El grupo está conformado por 8 integrantes. La señora Angelica Díaz M. es una itegrante del grupo. Tiene 21 años, es foricultura y tiene un hijo de 4 años. Ella se dedica al cultivo de rosa que inicio hace 5 años. Solicita el prestamo para comprar fumigo y fertilizante, para poder tener rosas de calidad. Sus clientes dicen que las flores que vende son de variedad y de muy buena calidad, ya que puede ser utilizada para arreglos florales o para ser utilizada en el hogar. Al solicitar este prestamo ella se siente contenta y con un apoyo extra de su familia, para poder crecer económicamente y poderle ofrecer a su hijo educación y una mejor casa. Le gustaría seguir teniendo el apoyo de los prestamos para siguir produciendo rosas y ser conocida en otros estados y paises.
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.