Check out some available loans that are similar to this one!
Las Nuevas De Jilo Group
In this Group: Julieta, Candida, Diana Areli, Tomasa Marcela, Alicia, Celia, Lidia, Rosa, Octaviana, Maria Del Consuelo, Amparo, Matilde
The name of the group is "Las Nuevas de Jilo" and it is called this because it is the first time that they request a loan. The group is located in the state of Mexico. Celia G. A. is a member of the group. She is very enthusiastic about the loan granted to her because she will be able to increase sales in her business. She needs the loan to invest in materials used to repair shoes. Her clients say that she is a responsible person and when they bring their shoes for repair she makes them as good as new and she always has them ready on time. This way her clients don't need to buy new shoes and they are able to save their money. Cecilia is happy that she will be able to contribute to the family's finances and to contribute to a more dignified and stable life.

Note: The individual that cannot be seen clearly is Lidia R..
View original language description ↓
EL GRUPO SE LLAMA "LAS NUEVAS DE JILO" SE LLAMA ASI PORQUE ES LA PRIMERA VEZ QUE PIDEN UN PRESTAMO, EL GRUPO SE ENCUENTRA UBICADO EN EL ESTADO DE MÉXICO. LA SEÑORA CELIA G. A. ES INTEGRANTE DEL GRUPO, ELLA ESTA MUY ENTUSIASMADA CON EL CREDITO OTORGADO, YA QUE CON ELLO VAN A AUNMENTAN SUS VENTAS EN EL NEGOCIO, ELLA QUIERE EL PRESTAMO PARA INVERTIR EN MATERIA PRIMA EN EL CUAL ARREGLAN CALZADO, SUS CLIENTES MENCIONAN QUE ES UNA PERSONA RESPONSABLE Y CUANDO LLEVAN SUS ZAPATOS A COMPONER ELLA LOS DEJA COMO NUEVAS Y SIEMPRE LOS TIENE A TIPO, ASÍ LOS CLIENTES NO COMPRAN OTROS Y APOYAN A SU ECONOMIA, LA SEÑORA CECILIA ESTA FELIZ YA QUE VA A APOYAR A LA ECONOMIA DE SU FAMILIA Y TENER UNA VIDA MÁS DIGNA Y ESTABLE. OBSERVACIONES, LA SEÑORA QUE NO SE VE BIEN SE LLAMA LIDIA R..

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
  • 16
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 12.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Nuevas De Jilo Group's $4,500 loan helped a member to purchase shoe repair supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011