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Tiacaque Group
In this Group: Adriana, Griselda, Maria Del Carmen, Lilia, Maria Cristina, Rosa Maria, Magdalena, Ma Cristina, Esperanza, Antonia, Irais, Rosario, Araceli
This group is called 'Tiacaque'. They chose this name because the ladies all live in the community of Tiacaque which means 'place where water is born between rocky outcrops'. The group is located in the State of Mexico and their community is noted for the fact that it has a tourist site where there is an enormous reservoir. Most of the town's inhabitants raise lambs for a living.

The group has 13 members and this is the third time that they have requested a loan. One of the members is called Adriana M. She is 25 years old and studied up to high school. She is a homemaker and also raises animals, mainly lambs. She says that raising animals is something she enjoys. It is the main business activity in her community and she has been raising animals for three years. Adriana has a 3 year-old son. This is the third time that she has taken a loan to strengthen her business and she is grateful for the opportunity. Her dedication to her business has enabled her animals to become well known by her customers because their meat is good quality. This loan will help her to buy feed and fodder for her lambs since this is essential if her animals are to grow quickly and be sold.

Adriana dreams that some day she will be able to increase her inventory of animals, owning 50 head of lambs and setting up premises where she can sell 'tacos de barbacoa' (spicy shredded-beef tacos) and make more profits. She also wants to help her children receive a good education and have a profession in the future.
View original language description ↓
Este grupo se llama "Tiacaque" este nombre fuen elejido por que las señoras viven en la comunidad de Tiacaque que significa lugar donde nace agua entre peñascos. Está ubicado en el estado de México y esta comunidad se caracteriza por que hay un centro turistico en la localidad donde hay una enorme presa de agua y la mayoria de los habitantes se dedican a la crianza de borregos. El grupo está conformado por 13 integrantes y es la tercera vez que solicitan un prestamo. Una de las integrantes del grupo se llama Adriana M. Tiene 25 años, estudió hasta la secundaria, es ama de casa y se dedica a la crianza de animales, principalmente a la cria de borregos, comenta que la crianza de animales es lo que le agrada ya que es una actividad principal en la comunidad y tiene 3 años criando animales. Ella tiene un hijo de 3 años de edad. Para ella es la tercera vez que ha entrado en prestamos para fortalecer su negocio y quedando agradecida por la oportunida. Su dedicación en su negocio ha permitido que sus animales sean reconocidos por los clientes al momento de venderlos ya que la carne es de buena calidad, el prestamo le ayudará a comprar alimento y pastura para sus borregos ya que es lo primordial para que los animales crescan rapidamente y asi poder venderlos. Sueña que algun dia pueda incrementar el inventario de sus animales teniendo un corral con 50 cabezas de borregos y poner un local donde venda tacos de barbacoa y obtener mayores ganancias, tambien para contribuir a que sus hijos tengan una mayor educacion y tengan una profesion a futuro.

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
  • 6
    View loans »
    Mexico Loans Fundraising
  • $17,358,450
    Funds lent in using Kiva
  • 11.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Tiacaque Group's $3,850 loan helped a member to invest in her business raising lambs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2011
Listed
May 23, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 1, 2011