This group is called “Las Crisalias” (The Asters) and is located in the State of Mexico. These clients decided to take this name even though none of them grow these flowers, but they are a main attraction in the community. The group consists of 10 clients. One of the members is Sra. Alberta, who has been growing and selling avocados for more than 25 years. She is 60 years old, single, and the breadwinner of her family. Alberta has three adult children. She says that it was a very difficult situation when her husband abandoned her and she had to take responsibility for her children, two of whom were minors at the time. Even though she decided to contribute more to the household income, she tried to find a more stable source of work. Alberta continued to grow and sells avocados with the help of her oldest son. She sells her product in different parts of the region and is able to provide her family a better quality of life.
This loan will be invested in fertilizers, compost, and plants so that she can continue working alongside her children. Doña Alberta hopes that her sons will become outstanding men who will someday have a better quality of life. Even though she only has an elementary school education, Alberta would like her sons to become professionals.
Este grupo se llama "LAS CRISALIAS" se encuentra ubicado en el Estado de México, las clientas decidieron llevar este nombre ya que a pesar de que ninguna se dedica al cultivo de esta es la principal atracción de la comunidad. Este grupo está integrado por 10 clientas en este grupo se encuentra la señora Alberta quien es integrante del grupo y se dedica a la venta y cultivo de aguacate desde hace más de 25 años, tiene 60 años de edad, soltera, y es el sustento de su familia. Tiene 3 hijos mayores de adad, la señora nos platica que para ella fue un golpe muy duro el abandono de su esposo y el hecho de la gran responsabilidad de sus hijos, ya que dos de ellos aun eran menores de edad, ella decidió contribuir aun mas con la economía de su casa buscando una fuente de trabajo más estable y continuar en la siembra y venta de aguacate con apoyo de su hijo mayor, vende aguacates en diferentes partes de la región y así poder darles una mejor calidad de vida. El prestamo lo invertirá en fertilizantes, abonos y plantas para seguir trabajando al lado de sus hijos, la ilusión que tiene doña Alberta es que sus hijos se formen como hombres de bien y algún día puedan tener una mejor calidad de vida, a pesar que la señora solo cuenta con la educación primaria le gustaría que sus hijos sean profesionistas.
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.