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Lago Ness Group
In this Group: Laura, Maria Rosa, Perla, Patricia, Eufemia, Maria Francisca Perfecta, Guadalupe, Mariel, Claudia, Amparo, Maria Beatriz, Constantina
This group is called “Lago Ness” (Loch Ness) after the lake in the Scottish highlands of the United Kingdom. The story is that there is evidence of a monster (Nessie) that frequently appears to people in the area. Inspired by this, the group aspires to be innovative in their way of working. Each day they strive to be creative so that they can reach the goals of all the members.


The group is located in the state of PuebL. in Mexico and is maD. up of 11 members. Señora Maria is the president of the group. She completed primary school, is a housewife, and has a small stationary and dry goods shop. She wants the loan in order to invest in inventory for her business. She wants to sell a greater variety of products because this will allow her to obtain better wholesale prices.


Maria is happy with the income from her business. With the earnings she obtains she wants to save in order to purchase a computer for her children’s school. Two people who aren’t seen well in the photo are Eufemia and Patricia.

View original language description ↓
Este grupo se llama "Lago Ness", por el lago ubicado en Escocia en el Reino unido (tierras altas). L. historia cuenta que hay indicios del abistamiento D. un monstruo (Nessi) que aparece frecuentemente a los pobladores D. L. localiadad, motivo por el cual el grupo pretenD. ser inovador en su forma D. trabajo, original y esforzarse todos los dias para alcanzar los objetivos D. todos los integrantes. Esta ubicado en el Estado D. PuebL. en México. El grupo esta conformado por 11 integrantes. L. señora Maria es L. presidenta del grupo. Estudio L. primaria es ama D. casa y cuenta con una pequeña papeleria y merceria. ElL. quiere el prestamo para invertir en mercancia para su negocio, su objetivo es tener mas variedad D. producto, porque en mayoreo elL. obtiene mas utiliades. Al solicitar este prestamo elL. se siente contenta, con las ganancias del negocio, con las ganancias que obtenga quiere ahorrar para poder comprar una computadora para L. escueL. D. sus hijos. Observaciones, las personas que no se ven bien en L. foto son: Eufemia y Patricia.

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
  • 15
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Lago Ness Group's $3,675 loan helped a member to purchase inventory for a stationary and dry goods business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011