This group is called "Mujeres Encantadoras" (Enchanting Women.) The members chose this name because they yearn for the daily success of their businesses. They are looking for an opportunity to increase their sales and grow their businesses. They are located in the state of Mexico in Mexico. This group has 11 members, and this is the first time that they have requested a loan. Micaela S. M. is a member of the group. She is 43 years old, and has a middle school education. She is a housewife who has 2 children: a boy and a girl. She has a business selling telephone equipment that she started 5 years ago. She requests a loan so that she can buy more equipment and have the variety of products that her customers demand: newer equipment in a greater variety of brands. Her customers are from the areas surrounding her community. They prefer to buy from her because of the quality of her products, the good service that she offers, and the friendly attention that she provides them, which helps her to expand her customer base. At this time, as she requests this loan, she feels very happy to have the opportunity to make a new investment in her business and to be able to distribute more products. Her business is so important, since with it she can cover the household expenses and in this way have a better quality of life for herself and her children. She also yearns to provide her children with a professional degree so that they can have a better future. Note that the woman that is not seen in the photo is Maria Guadalupe H..
Este grupo se llama MUJERES ENCANTADORAS, las integrantes eligieron el nombre porque añoran el éxito cotidiano en su negocios, buscando una oportunidad de tener más ventas y crecer. Están ubicadas en el Estado de México,en México. El grupo está conformado por 11 integrantes y es la primera vez que solicitan un prestamio. Micaela S. M. es integrante del grupo. Tiene 43 años, estudió hasta la secundaria, es ama de casa y tiene 2 hijos, una mujer y un hombre. Ella se dedica a la venta de equipos de telefonia que inició hace 5 años. Solicita el prestamo para adquirir más equipos y tener una variedad de productos que sus clientes le demandan mas equipos recientes en una gran variedad de marcas. Sus clientes son aledañas de la comunidad, prefieren comprar los productos con ella por la calidad, buen servicio que ofrece y la atención muy amable de la señora, eso ayuda a incrementar su mercado. Al monento de solicitar este préstamo se siente con mucha alegria de tener la oportunidad de invertir nuevamente y poder distribuir más producto en movimiento. Su negocio es tan importante ya que con ello puede salir adelante con los gastos de su familia y asi tener una mejor calidad de vida tanto de ella como la de sus hijos que añora darles una carrera profesional para tener un mejor futuro. Observaciones, la señora que no se ve en la foto se llama Maria Guadalupe H.
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.