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La Virgen De Guadalupe Group
In this Group: Maria Dolores, Maricela, Margarita, Matilde, Maria Del Carmen, Ma De Lourdes, Maria Guadalupe, Meribeth, Erica
This group, called The Virgin of Guadalupe, is located in the state of Mexico. The clients decided to use this name in honor of the patron saint of the town.

Ms. Matilde M., a member of this group, has worked selling bread for more than five years. She is 36 years old and married to Mr. Margarito M.. With this loan she wants to invest in supplies and continue working at the side of her husband and with him be devoted to their children since the youngest is just three years old. Doña Matilde hopes they grow up to be successful men and that one day they can have a better quality of life. Even though she has just a primary education, she would like to have a son with a profession.

In this same group is Ms. Margarita F. González who is 28 years old, married, and has four children. She tells us that after studying through secondary school she did not have the opportunity to continue her studies because of a lack of economic means and so she saw the need to work. She and her husband decided to start a store in their community and with that business still have time for the care of their children. With this loan they want to invest in their business and improve their quality of life.
View original language description ↓
Este grupo se llama "La Virgen de Guadalupe" se encuentra ubicado en el Estado de México, las clientas decidieron llevar este nombre en honor a la patrona del pueblo. En este grupo se encuentra la señora Matilde Martínez A. quien es una integrante del grupo y se dedica a la venta de pan desde hace mas de 5 años, ella tiene 36 años de edad, casada con el señor Margarito Martínez, con el crédito quiere invertir en materia prima y seguir trabajando a lado de su esposo y con ello estar al pendiente de sus hijos, puesto que el menor de ellos apenas cumplió 3 años de edad, la ilusión que tiene doña Matilde es que sus hijos se formen como unos hombres de bien y algún día puedan tener una mejor calidad de vida, a pesar que la señora solo cuenta con la educación primaria le gustaría tener un hijo profesionista. En este mismo grupo se encuentra la señora Margarita F. González, de 28 años de edad, casada, tiene 4 hijos, la señora nos platica que después de estudiar la educación secundaria ya no tuvo la oportunidad de seguir estudiando por falta de recursos económicos y que vio en la necesidad de trabajar, entre ella y su esposo decidieron poner una tienda en su comunidad y con ello tener tiempo para el cuidado de sus hijos, con el crédito quiere invertirlo en su negocio y mejorar su calidad de vida.

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
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,761,850
    Funds lent in using Kiva
  • 12.1
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Virgen De Guadalupe Group's $2,750 loan helped a member to buy supplies for making bread.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011