Brenda T. is the group's treasurer. She is 27 years old, studied up to the sixth year of elementary school, and sells shoes. She also has a stall where she sells 'gorditas' (stuffed corn cakes). Brenda has two children (a son and a daughter). She started making her 'gorditas' three years ago. Her 'gorditas' are stuffed with beans that have been cooked on a special hotplate with salsa and cheese.
Brenda is requesting this loan so that she can rent business premises and also pay a couple of months' rent so that she can work more hygienically as she currently works in the corner of her home. In addition, she would like to buy tables so that she can present a better image and provide more comfort to her diners who have congratulated her on the change that she is planning to make and for having thought of them. She would like to also offer a wider range of snacks.
Brenda feels successful and grateful for the opportunity that she is being given. She hopes that, with this improvement, she will be able to continue helping her husband since he is a construction worker and doesn't have a stable income. She would also like to provide her children with a better education as she didn't receive a good education herself.
TAMBIEN DESEA DARLE UNA MEJOR EDUCACION A SUS HIJOS YA QUE ELLA NO LO TUVO.
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.
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Success!! The loan was 100% repaid