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Las Damas De La Colosio Group
In this Group: Agustina, Cristina, Maria Esthela, Maria Concepcion, Yudit Guadalupe, Juana, Francisca, Norma Leticia, Natividad, Angela, Guillermina
This group is called “Las Damas de la Colosio” [The Ladies of the Colosio] in honor of their colony and because they are all well respected ladies. The group is from the Quintana Roo State in Mexico and is made up of 11 members. Mrs. Francisca Acuna C. is one of them. She is 46 years old and attended school until the end of elementary. She has three children, two girls who are 17 and 14 and a boy who is 11 years old. She has been selling fruits and vegetables for three years.

She is requesting the loan to stock and enlarge her business, better serve her costumers and provide a necessary service since her produce retail store is the only one in the colony. She sells the most fresh and nutritious fruits and vegetables. She wants to be able to support her children and provide for their schooling.
View original language description ↓
El Nombre de este grupo es Las Damas de la Colosio, en mención a la colonia donde viven y por ser todas unas Respetables Damas, El Grupo se encuentra ubicado en el Estado de Quintana Roo, México y está conformado por 11 integrantes. La señora Francisca Acuña C. es una de las integrantes del grupo, la señora tiene 46 años de edad y estudio hasta la primaria, ella vende frutas y verduras, tiene 3 hijos; dos mujeres de 17 y 14 años y un varón de 11 años. Comenzó su negocio de Frutas y verduras desde hace 3 años, ella solicita el préstamo para surtir su negocio y darles un mejor servicio a sus clientes y así satisfacer sus necesidades, ya Q. es la única recatería en la colonia, ella vende las frutas y verduras más frescas y nutritivas. Con este préstamo la Señora Francisca espera ampliar su negocio y poder surtirse, y de las ganancias Q. generen poder apoyar a sus hijos para Q. terminen sus estudios.

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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $18,125,250
    Funds lent in using Kiva
  • 12.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Damas De La Colosio Group's $3,750 loan helped a member to stock her business up with fruits and vegetables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011