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Arboleda Group
In this Group: Martina, Yazmin, Lucila, Alejandra, Ofelia, Carmen, Baruch, Yanet, Beatriz, Libia, Maximina, Flor
This group is called "Arboleda" and is located on the outskirts of the State of Puebla. The group has 12 members and this is the fourth loan that they have requested. They have always made their repayments punctually.

Ofelia V. is the group's president. She has a lot of experience in producing different types of vegetables since she has been in this business for 17 years. She attended elementary school and has two sons: one is 12 years old and the other is 14. Her husband farms.

Ofelia is requesting this loan so that she can continue investing in producing vegetables such as peas, carrots, corn and chayotes (vegetable pears), and increase her production so that she can reach more people and enable them to eat healthily and without preservatives. She would also like to enjoy a better quality of life and to provide her children with an education, which she was not able to have herself.

Ofelia is grateful for her loan since it has meant that she has managed to get ahead through this opportunity that is being given to entrepreneurial women.

(Note: the lady who cannot be seen very well is called Libia P.).
View original language description ↓
Este grupo se llama "Arboleda"; esta ubicado en los alrededores en el estado de Puebla. Este grupo esta conformado por 12 Integrantes y es el cuarto prestamo que solicitan, siempre pagando puntual. La señora Ofelia V. es la Presidenta del Grupo, ella tiene una experiencia amplia en la produccion de diversos tipos de legumbres, ya que lleva 17 años realizando este oficio; estudio hasta la Primaria; tiene dos hijos varones, uno de 12 años y otro de 14 años. Su esposo se dedica al campo. La Señora Ofelia solicita elprestamo para seguir invirtiendo en la producción de legumbres como: chicharos, zanahorias, elotes, chayote, y tener cada vez mayor producción y llegar a más gente que se puedan alimentar sano y sin conservadores. Para poder tener una mejorcalidad de vida y darle a sus hijos lo que ella no pudo tener, brindandoles estudios, la señora esta agradecida con el prestamo ya que gracias a ello ha logrado salir adelante con esta oportunidad que se le dan a las mujeres emprendedoras. Observaciones, la señora que no se ve bien se llama Libia P.

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

  • $15,600
    Average annual income
  • 17
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 11.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Arboleda Group's $3,750 loan helped a member to continue to invest in producing vegetables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2011
Listed
May 4, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 11, 2011