The group is called “Cazadoras” (Huntresses) and is located in the State of México. It has 11 members among whom is Rita. She tells us that she started selling tamales, tortillas and quesadillas with her mother fifteen years ago. Later on, she ventured into a business of her own selling dishes and some Mexican snacks.
She wants a loan to rent a locale so that her business can grow and she can provide better service and it can be more healthy. She comments that she’d like to continue asking for loans to invest in her business because she has many customers but sometimes can tend to all of them with the quality they deserve and later on buy a locale of her own. She also wants to contribute to meeting family expenses and to improve their quality of life.
El grupo se llama "Cazadoras" esta ubicado en el estado de México, esta conformado por 11 integrantes entre ellas la señora Rita, ella nos platica que desde los quince años comenzo a vender con su mama tamales, tortillas y quesadillas, más adelante emprendio su propio negocio vendiendo comida guisados y algunos antojitos mexicanos. Ella quiere el prestamo para rentar un local y así hacer crecer su negocio; dar una mejor atencion a sus clientes y sea más saludable. Nos comenta que anhela seguir pidiendo prestamo para invertirlo en su negocio ya que tiene muchos clientes y aveces no puede atenderlos a todos con la calidad que ellos merece y posteriormente comprar su propio local. Tambien desea contribuir con los gastos de su familia y mejorar su calidad de vida.
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.