This group is called “FANTASIA D. SAN PEDRO.” Its members selected that name because they yearn for success in their businesses. The group is located in the state of Mexico and is maD. up of 10 members and this will be their first loan. Esperanza A. R. is 34 years old and a member of the group. She is a housekeeper and doesn’t have any children. She makes and sells tortillas by hand and has been doing so for two years. She is asking for this loan to buy ingredients like dried corn. Her customers are local people who buy from her because of the quality of service she provides. She is very friendly and this helps her to increase her market share, customer base, and earnings. She is very happy for this opportunity to once again invest in her business and be able to distribute more of her product. Her business is so important because it allows her to get ahead with her family expenses and be able to improve her and her family’s quality of life.
Este grupo se llama FANTASIA D. SAN PEDRO, las integrantes eligieron el nombe porque añoran el éxito cotidiano en su negocios, buscando una oportunidad D. tener más ventas y crecer. Están ubicadas en el Estado D. México. El grupo está conformado por 10 integrantes y es la primera vez que solicitan un crédito. Esperanza A. R. es integrante del grupo tiene 34 años, tiene esdudios D. tecnico iundustrial, es ama D. casa y no tiene hijos. Ella se dedica a la producción y venta D. totillas hechas a mano que inició hace 2 años. Solicita el prestamo para adquirir más materia prima como maiz. Sus clientes son personas D. la misma localidad, prefieren comprar los productos con ella , por la calidad y buen servicio que ofrece así como la atención muy amable D. la señora, eso ayuda a incrementar su mercado y siga creciendo en clientes y ganancias. Al monento D. solicitar este préstamo se siente con mucha alegria D. tener la oportunidad D. invertir nuevamente y poder distribuir más producto en movimiento. Su negocio es tan importante ya que con ello pueD. salir adelante con los gastos D. su familia y asi tener una mejor calidad D. vida tanto D. ella como la D. su familia.
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.