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Fantasticas Group
In this Group: Fabiola, Blanca Estela, Josefina, Ines, Yolanda, Ma Elena, Juana Patricia, Elizabeth, Maria Teresa, Adelina, Lilia
This group is called "LAS FANTASTICAS" (The Fantastic Ones) and is located in the State of México. The members decided on this name because they have always been noted for their punctuality and for meeting their responsibilities and, like their name says, they are super fantastic. The group has 11 members.

In the group is Elizabeth. She sells costume jewelry that she makes herself. She’s been in this business for over two years. She is 22 years old, married and has a beautiful little girl. She tells us that when she met her husband he made necklaces, bracelets and rings and when they got married and their expenses grew she decided to help with household expenses and they started selling throughout the town’s neighborhoods.

She wants the loan to buy more jewelry making supplies to continue working alongside her husband while caring for her daughter. Her great dream is that her daughter becomes un upstanding woman and that some day they will have a better quality of life despite her only having gone to secondary school. She’d like her daughter to be a professional and that her business continues having the success it’s attained to this day.

We note that an extra person appears in the photo because Inés’ sister wanted to be in the photo.
View original language description ↓
Este grupo se llama "LAS FANTASTICAS" se encuentra ubicado en el Estado de México, las clientas decidieron llevar este nombre ya que siempre se han caracterizado por ser puntuales y cumplidoras y como su nombre lo dice super fantasticas, este grupo está integrado por 11 clientas, en el grupo se encuentra la señora Elizabeth quien es integrante del grupo y se dedica a la venta de bisuteria elaborada por ella misma, se dedica a este negocio desde hace más de 2 años. Ella tiene 22 años de edad, es casada, tiene una hermosa niña, la señora nos platica que cuando conoció a su esposo ya se dedicaba a la elaboracion de collares pulseras anillos, y al casarse y tener más gastos la clienta decidió ayudar con la economía de su casa y comenzaron con la venta en las diferentes colonias del municipio, ella quiere este prestamo para comprar más mercancia de bisuteria y seguir trabajando al lado de su esposo y con ello estar al pendiente de su hija. Su gran sueño es que su hija se forme como una mujer de bien y algún día puedan tener una mejor calidad de vida a pesar de que la señora solo tiene educación secundaria, le gustaría que su hija sea una profesionista y que su negocio siga con el éxito que hasta hoy a logrado. Observaciones en la foto aparece una persona más ya que quizo salir la hermana de la señora Ines.

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
  • 29
    View loans »
    Mexico Loans Fundraising
  • $19,067,200
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Fantasticas Group's $4,400 loan helped a member to buy more costume jewelry making supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2011
Listed
May 27, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 11, 2011