Check out some available loans that are similar to this one!
Flamingos I Group
In this Group: Beatriz*, Enriqueta, Andrea, Alejandra, Maria Del Carmen, Ricarda, Juana, Esperanza, Florina, Eulalia, Nieves Anany
* not pictured
This group is called “Flamingoes” and is located in the state of Puebla in Mexico. The group is comprised of 11 members, and this is the first time they request a loan. Florina is one of the members; she dedicates herself to selling hogs, a business she started 10 years ago.

She requests this loan to buy more animals to raise and later sell. She studied up to the third grade, is married and has 3 children. At the time of making this request for a loan, she is enthusiastic about the opportunity it gives her to grow her business and succeed.

She would like this loan to buy more animals since she already has commitments for them. This brings her more income, which will allow her to provide a better standard of living for her children and to offer them an education so they can enjoy brighter futures and meet any goals they set for themselves. Note that the woman who is difficult to see in the picture is named Alejandra.
View original language description ↓
Este grupo se llama "Flamingos" y se ubica en la cacomunidad en el estado de Puebla en México. El grupo esta conformado por 11 integrantes y es la primera vez que solicitan un prestamo. La señora Florina es una integrante del grupo se dedica a la venta de marranos que inicio hace 10 años. Solicita el prestamo para comprar más marranos para criar y posteriormente vender. Ella estudio hasta el tercer año de primaria, esta casada y tiene en total 3 hijos. Al momento de solicitar este prestamo se siente entusiasmada por la oportunidad que le brindan de crecer en su negocio y superarse. Quiere este prestamo para comprar más animales que ya tiene comprometidos y con esto tener mayor ganancias y así brindarles a sus hijos una mejor calidad de vida y la oportunidad de ofrecerles educación con lo cual puedan tener un mejor futuro y cumplir sus metas que se propongan. Observaciones la señora que no se alcanza a ver bien en la fotografia se llama Alejandra

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
  • 11.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Flamingos I Group's $2,850 loan helped a member buy hogs to raise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2011
Listed
May 23, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 18, 2011