This group is called “Las Palomas del Centro” and is located in the state of Morelos, Mexico. This community is distinguished by its two spas, which are the Silver Spa and the Aquatic Waters Park. The group is made up of 13 members. Alma Teresa T. Martiniez is the group’s president. She is 36 years old and attended three years of collage. She is married and has a 15 year old daughter. Alma has been selling clothing for the past 10 years. She is asking for this loan to buy seasonal clothing. Her customers are comfortable with her customer service. She is happy because she will be able to expand her business. She wants this loan to grow her business. She plans to open a small shop with her earnings so that she won’t have to sell on foot. She also wants her daughter to have a professional career.
Este grupo se llama "Las palomas del centro", esta ubicado en el Estado de Morelos en México, esta comunidad se distingue por sus dos balnearios populares los cuales son: balneario la plata y parque acuatico aquas splash. El grupo esta conformado por 13 integrantes. La señora Alma Teresa T. M. es la presidenta del grupo, ella tiene 36 años de edad, estudio hasta el tercer año de bachillerato, es casada y tiene una hija de 15años, ella se dedica a la venta de ropa que inicio hace 10 años. Ella solicita su prestamo para comprar ropa de temporada. Sus clientes estan agusto por su manera de atenderlas. Al momento de solicitar su prestamo se siente feliz porque va a poder ampliar su negocio, quiere este prestamo para hacer crecer su negocio y con las ganancias que obtenga piensa poner un local para que ya no sea ambulante, también desea darle una carrera profesional a su hija para un mejor futuro.
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.