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The Stars Of Tula Group
In this Group: Marina, Rufina, Apolonia, Jocelyn Melina, Maria Concepcion, Martha, Jocelin Cristal*, Karina, Adriana
* not pictured
The name of the group is "The Stars of Tula" given that the location is perfect for stargazing on a clear night and they can be seen in their entire splendor. It is located in Hidalgo, Mexico. The group is made up of 9 members. Mrs. Apolonia C. C. is a member of the group. She is 48 years old and she has a primary school education. She is a merchant and she has two daughters. She has been selling Mexican snacks as her primary business for the past 27 years. She sells alfalfa and milk as an additional business.

She requests a loan to invest in ingredients, primarily corn and other ingredients for her snack business. She will also purchase feed and vitamins for her dairy cattle business. When she requested the loan she felt happy and she knows that with the help of this loan she will be able to reach her goals. For the time being her neighbors are her primary customers and they are happy with her for the quality of the products and for the customer service she provides. Apolonia wishes to support her daughters to achieve a professional career in order to have a better life.
View original language description ↓
Este grupo se llama "LAS ESTRELLAS DE TULA" debido a que, por el lugar donde esta ubicado, suele apreciarse perfectamente por las noches el cielo despejado y se ven en todo su esplendor. Esta ubicado en Hidalgo, en México. El grupo esta conformado por 9 integrantes. La señora Apolonia C. C. es integrante del grupo, tiene 48 años, estudio hasta la primaria, es comerciante y tiene en total 2 hijas mujeres. Ella se dedica a la venta de antojitos mexicanos como actividad principal desde hace 27 años, asi como a la venta de alfalfa y leche como actividad adicional. Solicita el prestamo para invertir en materia prima, principalmente maiz e insumos, para su negocio de antojitos, asi como para alimento y vitamina en su ganado, para la venta de leche. Al solicitar el prestamo ella se siente contenta, ya que en base al credito, comenzara a concluir sus planes, por el momento unicamente sus vecinos son sus principales compradores, y se sienten a gusto con ella por su calidad tanto en el producto como en el servicio que ofrece. La señora Apolonia desea poder ofrecerles a sus hijas una carrera profesional para que tengan una mejor 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
  • 22
    View loans »
    Mexico Loans Fundraising
  • $19,052,100
    Funds lent in using Kiva
  • 11.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of The Stars Of Tula Group's $3,275 loan helped a member to invest in the purchase of feed and vitamins for her cattle.
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