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Esmeraldas De San Francisco Group
In this Group: Reyna, Antonia, Andrea, Magdalena, Elizabeth, Maria Teresa, Natividad, Luisa, Estefana
This group is called “Esmeraldas D. San Francisco” (San Francisco Emeralds). The group chose this name because it’s pretty and so that it will remain strong with help from all the members. The group is located in the State of México. The town is noted for its great responsibility and the kindness of its people.

Andrea, 41, is one of the group members. She sells napkins. She is grateful to all her customers because thanks to them she can get ahead although she also considers that what she does is really good.

This is her third loan request. Andrea wants this loan to buy fabric and thread to make more embroidered napkins because she feels that by increasing she is encouraged so that her people will be happy. For the moment she wants to continue with stability in her business and hopes to continue earning profits to obtain more opportunities for work and offer her family a better quality of life and economic support so that they will lack nothing.
View original language description ↓
ESTE GRUPO SE LLAMA "ESMERALDAS D. SAN FRANCISCO" EL GRUPO ELIGIO ESTE NOMBRE POR SER BONITO Y PARA QUE SE SOSTENGA FIRME CON EL APOYO D. TODAS SUS INTEGRANTES. EL GRUPO SE ENCUENTRA UBICADO EN EL ESTADO D. MÉXICO. EL PUEBLO SE DISTINGUE POR LA GRAN RESPONSABILIDAD Y AMABILIDAD D. SU GENTE. LA SEÑORA SE LLAMA ANDREA QUIEN ES UNA INTEGRANTE DEL GRUPO, ELLA TIENE LA EDAD D. 41 AÑOS, SU COMERCIO ES LA VENTA D. SERVILLETAS, SE SIENTE AGRADECIDA CON TODOS SUS CLIENTES PUES GRACIAS A ELLOS ELLA PUED. SALIR ADELANTE AUN QUE TAMBIEN CONSIDERA QUE LO QUE HACE ES REALMENTE MUY BUENO, ES SU LA TERCERA VEZ QUE SOLICITAN UN PRESTAMO. LA SEÑORA ANDREA QUIERE ESTE PRESTAMO PARA COMPRAR TELAS E HILOS Y ASÍ HACER MAS SERVILLETAS BORDADAS PUES CONSIDERA QUE EL INCREMENTAR LE DA ANIMOS PARA QUE SU GENTE ESTE CONTENTA. POR EL MOMENTO QUIERE CONTINUAR CON UNA ESTABILIDAD EN SU NEGOCIO Y ESPERA SEGUIR OBTENIENDO GANANCIAS PARA LOGRAR MAS OPORTUNIDADES D. TRABAJO. TAMBIÉN OFRECERLE A SU FAMILIA UNA MEJOR CALIDAD D. VIDA Y APOYO ECONOMICO PARA QUE NO LES FALTE NADA.

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
  • 5
    View loans »
    Mexico Loans Fundraising
  • $17,302,825
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Esmeraldas De San Francisco Group's $3,025 loan helped a member to buy fabric and thread to make napkins and embroidery.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2011
Listed
May 29, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011