Paloma Blanca Group
Sra. Beatriz A. is 31 years old and has two sons. She has been in business for eight years. Beatriz sells household goods and seasonal products as a street vendor. This is the second loan she has requested to grow her business. The funds will be used to acquire seasonal products. She is happy and pleased to obtain a new loan. Her goal is to have an established location and achieve financial stability so that her family will have a better life and her children can receive an education that will help them become successful professionals. Doña Beatriz is a hardworking and enterprising individual, which is why she wants to continue investing in her business.
About CrediComunThis 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
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Success!! The loan was 100% repaid