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El Pedregal De Los Pinos Group
In this Group: Virginia, Juana, Felisa, Ma Dolores, Maria Guadalupe, Sinai, Martina, Leticia*, Maria Luisa, Mariela, Araceli, Filiberta
* not pictured
The group is called "EL PEDREGAL D. LOS PINOS" (The Rocky Area of the Pine Trees) and it has 12 members. The members chose this name for their group because the area where they live is quite rocky and there are a lot of pine trees round about.

Maria Dolores G. was one of the women who started this group. She is currently the group's treasurer. Maria is 37 years old, married, and has two children: one son and one daughter. She did not attend school.

Maria is a housewife who also sells tortillas and raises chickens. She started her home with one room maD. from blocks and asbestos sheets. She is requesting this loan to invest in buying corn to make tortillas and chickens to raise, and to improve her home. She is very happy to have the opportunity that she is being offered. Maria has a lot of goals for her business and her family. She tells us that she would like to invest in her business so that she can then save and buy a gas 'comal' (special hotplate for cooking tortillas) since the one she has right now runs on firewood and it is difficult to go and look for firewood to cook her tortillas with. Maria plans to use her loan to grow her business even more so that she can make more income and improve her family's quality of life as well as her own.
View original language description ↓
El grupo D. nombre "EL PEDREGAL D. LOS PINOS" cuenta con 12 integrantes, cuyo nombre se tomo apartir D. la zona donD. ellas radican ya que es bastante pedregoza y a sus alrededores hay muchos pinos. La señora Maria Dolores G. es una D. las iniciadoras del grupo, es actualmente la tesorera tiene 37 años, casada, con 2 hijos 1 varon y 1 mujer, no tiene estudios, Ama D. casa y comerciante en venta D. tortilllas y crianza D. pollos. Inicio su hogar con un cuarto D. tabicon y lamina D. asbesto. Solicita el prestamo para invertir en la compra D. maiz para la elaboracion D. tortillas, y crianza D. pollos, y lograr el mejoramiento D. su vivienda. Se encuentra muy contenta por la oportunidad que se le esta brindando, tiene muchas espectativas para su negocio y su familia. Ella comenta que desea invertir en su negocio para posteriormente ahorrar y comprar un comal D. gas ya que ahora solo cuenta con uno D. leña y se le dificulta el ir a buscar la leña para cocinar sus tortillas. Con el credito pretenD. hacer crecer su negocio cada vez mas y asi obtener mas ingresos y mejorar su calidad D. vida y la D. su familia.

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
  • 51
    View loans »
    Mexico Loans Fundraising
  • $18,367,975
    Funds lent in using Kiva
  • 12.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Pedregal De Los Pinos Group's $4,200 loan helped a member to invest in corn and chickens for her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2011
Listed
Apr 2, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011