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Azul X Group
In this Group: Maria Engracia, Maria Guadalupe, Monserrat Guadalupe*, Monica, Erika, Maribel, Maria Del Carmen Eulalia, Maria Sofia Soledad, Maria Isabel, Victoria
* not pictured
This group is called “Azul X” in honor of the treasurer’s granddaughter who is greatly admired for the drive to succeed she demonstrates each day beginning at dawn. The group is located in the State of Puebla in Mexico and consists of ten members. Doña Maria Guadalupe C. J. is the group president. She is 39 years old, married, and has two children. Maria Guadalupe has an elementary school education and sells jewelry.


The group treasurer is Maria Engracia A. C. She is 44 years old, married, and has a high school education. Maria Engracia sells clothing. She is requesting a loan so that she can place orders in advance and generate more revenue. Maria Engracia has been able to get ahead because of her effort and dedication. Her fellow group members have known her for a long time and comment that she is a hardworking and honest individual. She is requesting a loan to help support her family and have a better quality of life.

View original language description ↓
Este grupo se llama AZUL X, en honor a la nieta de la Tesorera en base a la admiración que le tienen por salir adelante, ya que tiene sindorme de dawn. El grupo esta ubicado en el Estado de Puebla, México. Esta formado por 10 integrantes. La Presidenta del grupo es Doña MARIA GUADALUPE C. J., quien tiene 39 años,es casada y tiene dos hijos, estudió hasta la primaria. Se dedica a la venta de joyeria. La Tesorera del grupo es MARIA ENGRACIA A. C., quien tiene 44 años, es casada y estudió hasta la secundaria, ella se dedica a la venta de ropa, ella solicito el crédito para realizar pedidos por adelantado y obtener mayores ganancias, ella ha salido adelante gracias a su esfuerzo y dedicación; sus compañeras la conocen desde hace tiempo y comentan que es una persona trabajadora y honesta, ella solicita el crédito para apoyar a su familia y tener una vida de calidad.

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
  • 9
    View loans »
    Mexico Loans Fundraising
  • $17,731,700
    Funds lent in using Kiva
  • 12.2
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Azul X Group's $3,875 loan helped a member operating capital to use as business investment.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 19, 2011
Listed
Mar 2, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011