Check out some available loans that are similar to this one!
Imagenn Group
In this Group: Araceli, Maria Del Carmen, Antonia, Cristina Teresa, Atanacia, Griselda, Agustina Fabiola, Isabel, Hildelberta
This group, made up of 9 borrowers, is called "IMAGENN" and is located in the state of México. One member is Atancia, 61 years old, with 5 sons. She has a grocery store which for 5 years she has cared for and wanted to make grow.

The loan that has been awarded to her will help because she will be able to acquire merchandise like: oil, sugar, eggs, rice, beans, toilet paper, napkins, disposable cups, soap, toothpaste, soup and vegetables that her customers need every day. She hopes that her business will have more customers and she will be able to give them better service, quality and good prices. With the earnings that she makes she will save part for her sons' education because she would like to see them graduate from university.
View original language description ↓
Este grupo se llama "IMAGENN", se ubica en el estado de México. Está integrado por 9 clientas, en este grupo se encuentra la señora Atanacia de 61 años de edad, tiene 5 hijos varones. La señora tiene una Tienda de abarrotes desde hace aproximadamente 5 años el cual cuida mucho y quiere hacer crecer. El prestamo que le otorguen le favorá porque asó podra adquirir mercancías como: aceite, azúcar, huevo, arroz, frijol, papel higiénico, servilletas, vasos desechables, jabón, pasta de dientes, sopas, y algo de verduras que necesitan sus clientes diariamente. Espera que su negocio tenga más clientes y pueda darles un mejor servicio, calidad y buen precio. Con las ganancias que obtengan ahorrara una parte para la educación de sus hijos pues le gustaria verlos graduados de la Universidad.

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
  • 25
    View loans »
    Mexico Loans Fundraising
  • $18,347,550
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Imagenn Group's $3,100 loan helped a member to invest in merchandise for a grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2011
Listed
May 27, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 1, 2012