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Comerciantes De Pueblo Nuevo Group
In this Group: Juana Adriana, Rosa*, Crescencia, Ma Guadalupe, Patricia, Esthela, Ma Guadalupe, Victoria, Rosa, Juana
* not pictured
This group is called "LOS COMERCIANTES DE PUEBLO NUEVO" (The Pueblo Nuevo Merchants) because all the members are in this occupation; besides it’s a synonym for a hard working person. It’s located in the State of México. This is the first time they’ve requested a loan. The group has ten members.

Juana is one of the group members. She only completed primary school. She sells aprons and seasonal items in the movable markets, an activity she carries out with her husband. She is excited because she mentions that her effort will allow her to provide her daughter with a good education so that she can become a professional in the future.

The loan she’s requesting is to buy aprons. She also plans to buy rain coats for the rainy season that is approaching. Her main customers are people who visit the square and feel that it’s a product they are going to need.
View original language description ↓
Este grupo se llama "LOS COMERCIANTES DE PUEBLO NUEVO" porque todas las integrantes desempeñan esa actividad, además de que es sinonimo de una persona trabajadora, esta ubicado en el estado de México. Es la primera vez que solicitan un prestamo, el grupo esta integrado por 10 personas, la señora Juana es una integrante del grupo, ella estudio solo la primaria, se dedica a la venta de mandiles y articulos de temporada en los tianguis, esta actividad la desempeña junto con su esposo. Ella se siente entusiasmada porque menciona que su esfuerzo va a permitir que su hija en un futuro puedan brindarle una buena educacion y se convierta en una profesionista. El prestamo lo solicitá para comprar mandiles y tambien tiene pensado comprar impermeables para esta epoca de lluvia que se aproxima, sus principales clientes son las personas que asisten a la plaza y consideran que es un producto que va a necesitar.

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
  • 4
    View loans »
    Mexico Loans Fundraising
  • $17,739,950
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Comerciantes De Pueblo Nuevo Group's $2,675 loan helped a member to buy aprons and rain coats.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2011
Listed
May 29, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011