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Las Maravillas De Ixtlahuaca Group
In this Group: Andrea, Dolores, Reyna, Maria De Lourdes, Eusebia*, Alejandra, Albina, Ana Azucena, Celia, Maria Guadalupe
* not pictured
This group is called “Maravillas D. Ixtlahuaca” (The Wonders of Ixtlahuaca). The name was chosen by the ladies who want to accomplish wonders in their group and be the best. It is located in the state of México and the community is characterized by vegetable sales and by the fact that most residents raise sheep. The group has 10 members and this is their fifth loan request.

Mrs. DOLORES S. F., 34, is a group member. She completed 9th graD. and has three children. One of them is in 7th graD., the other is in 5th graD. and the youngest, who is 8 years old, is in 4th graD.. She is both a housewife and a merchant. She states that her business is vital to be able to handle daily expenses that present themselves.

She has a small sewing workshop where she works Monday through Friday. She has 15 years experience in this line of work. Five years ago she decided to set up her own workshop. Her dedication to the business has created regular customers thanks to the good service and kind treatment they receive. She wants the loan to buy raw materials (fabric, thread and sewing machines) to continue working. She dreams with having a larger establishment some day to obtain higher profits which are a growth opportunity with which to proviD. her children with the best possible quality of life as well as schooling so they can improve themselves.

Observation: the women that aren’t clearly visible are Alejandra M. and Maria M..
View original language description ↓
Este grupo se llama Maravillas D. Ixtlahuaca este nombre fue elegido por que las señoras quieren hacer maravillas D. su grupo y ser las mejores. Está ubicado en el estado D. México L. comunidad se caracteriza por L. venta D. verdura y porque L. mayoría D. los habitantes se dedican a L. crianza D. borregos. El grupo está conformado por 10 integrantes y es L. quinta vez que solicita un Préstamo. L. señora DOLORES S. F. es integrante del grupo. Tiene 34 años, estudio el tercer año D. L. secundaria, elL. tiene 3 hijos, uno D. ellos cursa el primer año D. L. secundaria otro D. sus hijos estudia el quinto año D. L. primaria y el mas pequeño tiene 8 y el cursa el cuarto año D. primaria, elL. es ama D. casa y a su vez comerciante, comenta que su negocio es parte fundamental para salir adelante con los gastos que se presentan cada día, L. señora tiene un pequeño taller D. costura en el cual trabaja D. lunes a viernes , ya tiene 15 años D. experiencia en su negocio, y hace 5 años que se decidió a crear su propio taller D. costuras, su dedicación en su negocio ha permitido que sus clientes sean fieles con el buen servicio y trato, el préstamo lo quiere para invertir en materias primas (telas, hilos y maquinas D. cocer) para poder seguir trabajando, elL. sueña que algún día tenga un establecimiento mas granD. obteniendo son una oportunidad D. crecimiento y con esto brindarles a sus hijos una mejor calidad D. vida así como estudios para su superación. Observaciones las señoras que no se ven bien se llaman: Alejandra M. y Maria M.

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
  • 17
    View loans »
    Mexico Loans Fundraising
  • $18,489,825
    Funds lent in using Kiva
  • 11.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Maravillas De Ixtlahuaca Group's $2,775 loan helped a member to buy raw materials (fabric and thread) for her sewing workshop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2011
Listed
Apr 30, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 11, 2011