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En Plan De Vuelo Group
In this Group: Juana, Rosa Maria, Veronica, Clara, Rocio, Rosa, Tatiana, Lucero Karina, Maria Del Rosario, Rosa
This group is called “En Plan de Vuelo” (Flight Plan) because they have taken the opportunity to launch their dreams by securing this loan. The meaning behind their name is that they have a specific point where they want to arrive once they have invested their first loan. The group is from the State of Hidalgo, Mexico, and consists of 10 members.


Sra. Juana is 37 years old and studied through high school. She is a merchant and has two sons. Juana sells shoes through catalogs and wants to buy more shoes since she has many outstanding orders. She was very enthusiastic upon submitting her loan request because she believes the money will help her make additional investments into her business. As a result, she will be able to generate more earnings so that she and her entire family will have a better standard of living. In addition, she wants to save some of the profit that she earns so that she can continue investing in her business and be able to give her children a better quality of life and the chance to earn a professional degree for a better future.

View original language description ↓
Este grupo se llama "EN PLAN DE VUELO" porque para el grupo la oportunidad de obtener un prestamo es emprender sus sueños, y como el nombre del grupo lo indica “planear el vuelo” hacia donde quieren llegar con la inversion de su primer prestamo. Esta ubicado en el Estado de Hidalgo, México. El grupo esta conformado por 10 integrantes. La señora Juana tiene 37 años, estudio hasta la secundaria, es comerciante y tiene 2 hijos por cierto varones. Ella se dedica a la venta de de zapato por catalogo, lo cual piensa comprar más zapatos ya que tiene muchos pedidos por entregar. Al solicitar el prestamo ella se siente entusiasmada ya que en base al prestamo piensa hacer mayores inversiones en sus negocios y de esta forma comenzar a tener mas ganancias que le permitan tener una mejor calidad de vida a ella y a toda su familia. Tambien quiere ahorrar de las ganancias que obtenga para continuar invirtiendo en su negocio y poder brindarles una mejor calidad de vida a sus hijos además de darles una carrera profesional para 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
  • 19
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 11.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of En Plan De Vuelo Group's $2,150 loan helped a member to purchase shoes through catalogs.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2011
Listed
Jun 12, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 20, 2012