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Activas De Chapulco Group
In this Group: Rosalino, Victoria, Teodora, Lina Mayela, Claudia, Paula, Marisol, Yolanda, Rosa, Maria Eva
This group is called "Activas de Chapulco" and is located in the community of Chapulco in the state of Puebla, Mexico. The group has 10 members.

The photograph shows Teodora S.M.'s business. She is 55 years old, studied until fifth grade, and has a son. She has sold cosmetics by catalog for more than three years. Her customers prefer her because she offers reasonable prices and small payments. In addition to her kindness, she also delivers her products as quickly as possible.

This loan will allow Teodora to purchase more merchandise and fill all of her outstanding orders. The profits will cover her payments for more merchandise. She would also like to build a small fence on a plot of land she has. She is certain that with the help of the institution and with future loans, she will be able to meet her goal.
View original language description ↓
Este grupo se llama ACTIVAS DE CHAPULCO, el cual esta ubicado en la comunidad de CHAPULCO en el estado de Puebla, México. El grupo está conformado por 10 integrantes. En la fotografia se muestra la actividad comercial a la que se dedica la señora Teodora S. M., Ella tiene 55 años y estudio hasta el quinto grado de primaria y tiene un hijo. La señora vende cosméticos por catálogos aproximadamente más de 3 años, sus clientes la prefieren porque les da precio razonable y en pequeños pagos, comentan que aparte de su amabilidad ha procurado entregar sus productos lo más rápido posible. La señora Teodora comenta que este crédito lo destinara a la compra de más mercancia y para surtit los pedido pendientes. Las ganacias las esta destinando para cubrir sus pago de mercancía. También desea construir una pequeña barda en un terreno que tiene en su localidad. Esta segura que con la ayuda de la institucion y con la entrega de mas creditos a futuro lograra sus meta.

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
  • 10
    View loans »
    Mexico Loans Fundraising
  • $17,541,650
    Funds lent in using Kiva
  • 12.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Activas De Chapulco Group's $3,925 loan helped a member purchase cosmetics.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011