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Espuma Del Tunal Group
In this Group: Brisa, Maria Del Socorro, Ma Francisca, Carolina, Guillermina, Juana, Rosalva, Claudia, Ma Isabel
This group is called "ESPUMA DEL TUNAL" and is located in the state of México. The group has nine members and this is their first loan request.

Mrs. Isabel Hernández Sánchez, 58, never went to school. She’s a widow and has four children (2 girls and 2 boys). She’s done embroidery for 40 years and is asking for a loan to buy supplies for her embroidery work like: thread, fabric, needles, etc. She comments that her customers have been very satisfied with the service she provides because she delivers items on time; besides, they are very pretty and well maD..

She’s happy about the loan because she sees it as a necessary help so that she can have more sales and income to support household expenses and continue to proviD. her children with the opportunity to go to school, get ahead and have a better future.
View original language description ↓
ESTE GRUPO SE LLAMA "ESPUMA DEL TUNAL" ESTA UBICADO EN EL ESTADO D. MEXICO. EL GRUPO ESTA CONFORMADO POR NUEVE INTEGRANTES Y ES EL PRIMER CREDITO QUE SOLICITAN. LA SEÑORA ISABEL H. S. TIENE 58 AÑOS, NO TIENE ESTUDIOS, ES VIUDA Y TIENE EN TOTAL 4 HIJOS (2 MUJERES Y 2 VARONES). ELLA SE DEDICA A LOS BORDADOS EL CUAL INICIO HACE 40 AÑOS. SOLICITA EL PRESTAMO PARA COMPRAR MATERIA PRIMA PARA SUS BORDADOS COMO HILOS,TELA, AGUJAS ETC. LA SEÑORA COMENTA QUE SUS CLIENTES HAN QUEDADO SATISFECHOS CON EL SERVICIO QUE OFRECE YA QUE ENTREGA A TIEMPO SU PRODUCTO, ADEMÁS D. SER MUY BONITOS Y BIEN ELABORADOS. AL MOMENTO D. SOLICITAR ESTE PRESTAMO SE SIENTE FELIZ YA QUE ELLA LO VE COMO UNA AYUDA NECESARIA PARA QUE TENGA MAS VENTAS Y MAS INGRESOS PARA APOYAR EN LOS GASTOS FAMILIARES Y SEGUIR DANDOLES A SUS HIJOS LA OPORTUNIDAD D. ESTUDIAR PARA QUE SALGAN ADELANTE Y TENGAN UN MEJOR FUTURO.

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
  • 1
    View loans »
    Mexico Loans Fundraising
  • $17,777,925
    Funds lent in using Kiva
  • 12.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Espuma Del Tunal Group's $1,675 loan helped a member to buy embroidery supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2011
Listed
Apr 2, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011