This picture shows the group called "Los Angeles Caidos," located in the state of Puebla, Mexico. This group is comprised of 9 members. Mrs. Flora R. V. is one of the members, she 69 years old and studied through the fourth graD.. She is married and has six children: 3 men and 3 woman. She is the owner of a small grocery store and says that even though it's small she has been able to keep it well stocked so her customers don't go elsewhere. She has had this business for several years and is happy that her customers prefer it. Mrs. Flora is very nice and gives good prices. She also sells food to workers who work in the maquiladora (factory) near her home. She says this business has provided good returns. Today, she is happy, satisfied, and grateful for the good service and loans authorized because they are helping her increase her business. She says this loan is destined for the purchase of merchandise to stock her store. She will buy plates and bases for her guests with the earnings. On the other hand, she plans to help fix up some of her rooms in her house since they are already doing roofs with laminated asbestos. She is sure that with the help of the loan, she will achieve her goal in the future.
En esta foto se muestra al grupo llamado LOS ANGELES CAIDOS, el cual esta ubicado en el estado D. Puebla, México. El grupo esta conformado por 9 miembros. La Señora Flora R. V. es una D. las integrantes D. 69 años y estudió hasta cuarto grado D. primaria, es casada, en total tiene 6 hijos, 3 hombres y 3 mujeres. Es dueña D. una pequeña tienda D. abarrotes, ella comenta que aunque es chica ha procurado mantenerla bien surtida para que sus clientes no se vayan, tiene varios años ya con este negocio, está contenta ya que sus clientes le responden con su preferencia, la señora Flora es muy amable y da buenos precios. También se dedica a vender comida a obreros que trabajan en la maquiladora que esta cerca D. su casa, dice que este negocio le ha dado buenos rendimientos. Hoy esta contenta y satisfecha agradece el buen servicio y los créditos otorgados pues le estan ayudando a incrementar su negocio, comenta que este prestamo lo destinara a la compra D. más mercancia y para surtir su tienda, y con las ganacias comprar platos y basos para sus comensales. Por otra parte tiene el firme propósito D. poder arreglar alguna D. sus cuartos D. su casa pues actualmente estan todos techados con lamina D. asbesto. Ella esta segura que con la ayuda del prestamo en un futuro lograra su meta.
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.