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Las Magdalenas De Telixtac Group
In this Group: Baudelia, Alicia, Hortencia, Etelbina, Francisca, Maria De La Luz, Blanca Estela, Delgadina, Maribel, Bernardina
This group is called "Magdalenas de Telixtac" in honor of the patron saint of the village, Saint Mary Magdalene. It is comprised of 10 members, one of whom is Mrs. Baudelia M. P. who is the treasurer of the group and mother of two children, ages 12 and 7. Both children attend the village school. Mrs. Baudelia's husband raises crops. She has a fruit and vegetable business that she runs out of her own home. She has been able to increase her activity, which she has been working at for 12 years now, with the loans she has received.

She says her greatest dream has already come true, meaning her children have had the best opportunity to continue their studies toward a professional career. She plans to use this loan to continue to meet customer demand. Her customer base is constantly increasing since she has a good reputation for dedication and product quality.

N.B. Mrs. Delgadina S. is not pictured in the photo because she moved when it was being taken.
View original language description ↓
ESTE GRUPO SE LLAMA MAGDALENAS DE TELIXTAC, POR HONOR A LA PATRONA DEL PUEBLO LA CUAL ES SANTA MARIA MAGDALENA. ESTE GRUPO CUENTA CON 10 INTEGRANTES, UNA DE ELLAS ES LA SEÑORA BAUDELIA M. P. QUE ES LA TESORERA DEL GRUPO Y MADRE DE FAMILIA DE 2 NIÑOS DE 12 Y 7 AÑOS DE EDAD, AMBOS ASISTEN A LA ESCUELA DEL PUEBLO, SU ESPOSO DE LA SEÑORA BAUDELIA SE DEDICA A LA SIEMBRA EN EL CAMPO. LA SEÑORA TIENE UN NEGOCIO DE FRUTAS Y VERDURAS EN SU MISMO DOMICILIO LA CUAL A IDO CRECIENDO CON SUS LOS CREDITOS QUE LE HAN OTORGADO, LLEVA YA 12 AÑOS EN SU NEGOCIO Y MENCIONA QUE SU MAYOR SUEÑO SE HA CUMPLIDO, EL CUAL ES, QUE SUS HIJOS CUENTEN CON UNA MEJOR OPORTUNDAD DE SEGUIR ESTUDIANDO PARA BRINDARLES UNA CARRERA PROFESIONAL. ELLA PIDE ESTE CREDITO PARA SEGUIR CUBRIENDO LA DEMANDA DE SUS CLIENTES YA QUE CADA VEZ TIENE MÁS CLIENTES QUE LA RECOMIENDAN POR SU DEDICACIÓN Y CALIDAD EN SUS PRODUCTOS.La señora es Delgadina S. es la que no se alcanza a ver porque se movio al momento de tomar la foto.

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

  • $15,600
    Average annual income
  • 38
    View loans »
    Mexico Loans Fundraising
  • $19,119,800
    Funds lent in using Kiva
  • 12.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Magdalenas De Telixtac Group's $3,050 loan helped a member to buy fruit and vegetables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011