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Joan Group
In this Group: Maricela Sara, Rita Zenaida*, Obdulia Ariadna, Demetria, Luisa, Lorenza, Laura Patricia, Gabriela, Rosario, Veronica
* not pictured
This group, known as "Joan", is located in the state of Mexico. The group is maD. up of 10 members and this is their first time requesting a loan.

One member of the group is Laura, 31 years old. She completed primary school, is married and has 3 children ages 10,8 and 3. For three years she has been selling shoes from catalogs. She is requesting a loan to get seasonal catalogs and place some pending orders. Her customers tell her that they like to buy from her because she always gets things to them on time, and is very friendly and responsible. At this time, she feels very motivated to continue investing in her business since it will help her to continue investing and to have more clients. She also hopes to save some of her earnings to put towards her children's professional careers so that they can have a better future.
View original language description ↓
ESTE GRUPO SE LLAMA "JOAN", ESTA UBICADO EN EL ESTADO D. MÉXICO. EL GRUPO ESTA CONFORMADO POR 10 INTEGRANTES Y ES L. PRIMERA VEZ QUE SOLICITAN UN PRESTAMO. L. SEÑORA LAURA ES UNA INTEGRANTE DEL GRUPO TIENE 31 AÑOS D. EDAD, ESTUDIO L. PRIMARIA, ES CASADA, TIENA 3 HIJOS D. 10,8,Y 3 AÑOS RESPECTIVAMENTE. ELL. SE DEDICA A L. COMERCIALIZACION D. ZAPATOS POR CATALOGO DESD. HACE 3 AÑOS, SOLICITA EL PRESTAMO PARA ADQUIRIR CATALOGOS D. TEMPORADA Y ALGUNOS PEDIDOS QUE TIENE PENDIENTES. SUS CLIENTES COMENTAN QUE LES AGRADA COMPRAR CON ELL. PORQUE SIEMPRE ENTREGA TODO A TIEMPO, ES MUY AMABLE Y MUY RESPONSABLE. AL MOMENTO D. SOLICITAR ESTE PRESTAMO SE SIENTE CON MUCHOS ANIMOS PARA CONTINUAR INVIRTIENDO EN SU NEGOCIO YA QUE LE AYUDARA A SEGUIR INVIRTIENDO, TENER MÁS CLIETES. ESPERA TAMBIEN AHORRAR D. LAS GANANCIAS QUE OBTENGA PARA BRINDARLES UNA CARRERA PROFESIONAL A SUS HIJOS Y ASÍ LOGREN TENER UN MEJOR FUTURO.

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
  • 18
    View loans »
    Mexico Loans Fundraising
  • $18,745,125
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Joan Group's $3,675 loan helped a member to buy more shoes for her business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 26, 2011
Listed
Jun 7, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 1, 2011