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Las Industriales Group
In this Group: Sofia, Camerina Zenaida, Efigenia, Emma Ortencia*, Ana Maria, Ines, Ines Virginia, Faustina, Macrina, Araceli
* not pictured
This group is called “Las Industriales” and is located in Tehuacán, Puebla, Mexico. The group consists of ten people and this is the fourth time they are requesting a loan. This photo was taken in the house where they conduct their meetings.


One of the group members is Sra. Sofía H.. She is 63 years old and only has an elementary school education. Sofía sells cosmetics and seasonal clothing. She is requesting a loan to invest in the purchase of various products and spring clothing so that she can increase her sales now that the weather is warmer. Her customers enjoy the friendly service and affordable prices that she offers. Upon requesting her loan, she was pleased with the opportunity that was given to her. She also hopes that her earnings will enable her to help with the family expenses, improve her home, and produce a better quality of life.


The person who is missing from the photo is Ines G..

View original language description ↓
Este grupo se llama LAS INDUSTRIALES esta ubicado en Tehuacán, Puebla México. El grupo esta conformado por diez personas y es la cuarta ocasión que solicitan un prestamo. La foto fue tomada en la casa donde se hace la reunión, una de las integrantes del grupo es la señora Sofía H., tiene 63 años de edad, estudio solamente la primaria, se dedica a la venta de cosméticos y ropa de temporada. Solicita el préstamo para invertir en comprar más productos en variedad y ropa de primavera ya que sus ventas están creciendo, así como en el tiempo de calor, sus clientes la prefieren ya que su trato es muy amable y sus precios son accesibles. Al momento de solicitar este prestamo se siente muy contenta por la oportunidad que se le brinda. También espera con las ganancias apoyar en los gastos familiares y mejorar su casa para una mejor calidad de vida. Observaciones, la persona que no se ve bien en la foto se llama Ines G..

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
  • 7
    View loans »
    Mexico Loans Fundraising
  • $17,366,525
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Industriales Group's $2,600 loan helped a member to purchase various products and seasonal clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2011
Listed
Apr 15, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2011