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Mujeres De Exito 1 Group
In this Group: Dora Luz, Anita, Marcela, Juana, Marlene, Yolanda, Anallely, Cristina, Rafaela, Martha
This group is called "MUJERES DE ÉXITO 1" and is located in the State of México. This state stands out because of its hard-working people, beautiful waterfalls, cloudbursts and livetock. The group is comprised of 10 members who are requesting a loan for the first time.

Dora is the president of the group. Three years ago she began her business selling fruit popsiscles and strawberries with cream. Everyday she and her husband go to different places in the community to sell their products. She is requesting a loan to buy raw materials such as water, fruit, popsicle sticks, strawberries and cream, etc. to make her products.

She is 28 and has a high-school education. She is an enterprising person with a strong will to get ahead. Her greatest desire is to give her family the best she can. She is married and has a 5-year-old son and a 2-year-old daughter. The income earned from her work will be invested in her business and used for her childrens' education.
View original language description ↓
Este grupo se llama "MUJERES DE ÉXITO 1" y se ubica en el Estado de México. Este estado se distingue por su gente trabajadora, por sus lindas cascadas, los ojos de agua y por su ganadería. El grupo esta conformado por 10 integrantes y esta es la primera vez que solicita un prestamo. Dora es la presidenta del grupo. Inició su negocio hace 3 años de paletas de hielo y fresas con crema, día con día ella y su esposo salen a vender a distintos lugares de la comunidad, requiere este prestamo para comprar más materia prima como agua, fruta, palitos de paleta, fresas, crema etc. para elaborar sus productos. Ella tiene 28 años, estudió el bachillerato, es una persona emprendedora con muchas ganas de superarse, siempre con el deseo de brindarle lo mejor a su familia, es casada, tiene un hijo de 5 años y un hija de 2 años. Con las ganancias que obtenga las utilizará para seguir invirtiendo en su negocio y para la educación de sus hijos.

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
  • 6
    View loans »
    Mexico Loans Fundraising
  • $17,358,450
    Funds lent in using Kiva
  • 11.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De Exito 1 Group's $2,150 loan helped a member to buy raw materials such as water, fruit, popsicle sticks, strawberries and cream.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2011
Listed
Jun 9, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011