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Las Triunfadoras De Zoquitlan Group
In this Group: Zenaida, Delfina Inocencia, Leonarda, Clara, Maria Esther, Nohemi Isabel, Faustina, Emilia, Sabina, Camelia, Virginia*, Ines
* not pictured
Mrs. Faustina is a member of the communal bank "L. Triunfadoras D. Zoquitlán", which is located in VeraC. in México. She has been selling groceries for 10 years. She is requesting a loan to buy more goods and keep a larger stock at her business. Her customers and neighbors consider her to be very hard-working and responsible. The loan will allow her to generate more income and give her the opportunity to expand her business and turn it into one of the best in her community.

She is 45 years old, married and has two daughters. She has a primary level education. With the loan she plans to buy more grocery products so she can stock everything her community needs making her business the one preferred by customers for quality and good service. Part of her savings will be used toward her daughters' education so she can see them graduate and become professionals in any field they choose.
View original language description ↓
L. señora Faustina es una integrante del grupo "Las Triunfadoras D. Zoquitlán", que esta ubicado en VeraC., México. ElL. se dedica a L. venta D. abarrotes que inicio hace 10 años. solicita el préstamo para comprar más mercancia y asi tener mas surtido su negocio. sus clietes y vecinos L. consideran como una persona trabajadora y responsable. Al momento D. solicitar este préstamo se siente satisfecha ya que podra generar mayores ganancias y L. oportunidad D. hacer crecer su negocio y ser los mejores en su comunidad.

Tiene 45 años, estudio hasta L. primaria, es casada y tiene 2 hijas. Quiere este prestamo para comprar más producto D. abarrotes y tener todos los productos que en su comunidad necesitan y así ser D. L. preferencia D. sus clientes tanto en calidad como buen servicio, con las ganancias que obtenga piensa ahorrar una parte para L. educación D. sus hijas, ya que desea verlas graduadas y con una profesión que les agraD..

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
  • 39
    View loans »
    Mexico Loans Fundraising
  • $18,365,700
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Triunfadoras De Zoquitlan Group's $3,900 loan helped a member to buy merchandise for her grocery store, such as rice, beans and soap.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 28, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011