Mujeres De La Luna Group
Gloria started selling clothes and shoes ten years ago. At the moment of requesting the loan she feels satisfied with the opportunity she’s being given to invest in her business. She’s 32 years old and studied up high school. She’s married and has a son.
She wants this loan to buy seasonal clothes and shoes to make her business grow. Her customers are local people from her community and they comment that they like the clothes and shoes she sells very much and the good way she tends to them because she always delivers everything on time. She also hopes to gain more profits to provide her family with a better quality of life and education for her son so that he’ll reach his dreams and have a better future.
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
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.
21View loans »
Success!! The loan was 100% repaid