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Orquideas Silvestre Group
In this Group: Erica, Edali Avelina, Landy Elena, Marisol, Maricela, Felix Isabel, Ma Del Carmen, Isai, Maria
This group is called 'Orquídeas Silvestres' (Wild Orchids) and it has nine members. One of the group's members is 38 year-old Edali who lives in Morelos, Mexico.

Edali lives with her common-law husband who is a construction worker. They have three children: two sons and one daughter. Edali has been in the sales business for ten years. She tells us that she started out selling some products through a catalog, just in her district. She then started selling a wider variety of products in neighboring districts as well. She tells us that, through her sales, she is able to support her husband with their household expenses and is able to help pay for her children's education.

In the future, Edali would like to set up business premises so that she can make a little more income. She would like to use her loan to buy more merchandise such as shoes and cosmetics, so that she can offer a wider variety of products in her business and thereby be able to offer her customers everything they need. With the profits that she makes, she would like to continue investing and also saving so that she can offer her children a better quality of life.

(Note: the lady who can't be seen very well in the photo is called Maria).
View original language description ↓
ESTE GRUPO SE LLAMA "ORQUIDEAS SILVESTRES", ESTA CONFORMADO POR 9 INTEGRANTES UNA DE ELLAS ES LA SEÑORA EDALI, ELLA TIENE 38 AÑOS, SE ENCUENTRA UBICADO EN MORELOS, MÉXICO. LA SEÑORA EDALI VIVE EN UNION LIBRE SU ESPOSO SE DEDICA A LA ALBAÑILERIA ACTUALMENTE, TIENEN TRES HIJOS 2 HOMBRES Y UNA MUJER, LA SEÑORA EDALI LLEVA DIEZ AÑOS DEDICANDOSE AL COMERCIO. LA SEÑORA EDALI COMENTA QUE ELLA COMENZO VENDIENDO ALGUNOS PRODUCTOS POR CATALOGO SOLO EN SU COLONIA Y POSTERIORMENTE EMPEZO A VENDER MAS VARIEDAD DE PRODUCTOS Y EN OTROS LUGARES A SUS ALREDEDORES DE SU COLONIA, COMENTA QUE CON SUS VENTAS PUEDE APOYAR A SU ESPOSO EN LOS GASTOS DE LA CASA Y EN LOS ESTUDIO DE SUS HIJOS, ELLA A FUTURO QUIERE PONER UN LOCAL PARA TENER UN POCO MAS DE INGRESOS. CON EL PRESTAMO QUIERE COMPRAR MÁS MERCANCIA COMO ZAPATOS Y COSMETICOS PARA TENER MÁS VARIEDAD EN SU NEGOCIO Y ASÍ PODER OFRECER TODO LO QUE NECESITAN SUS CLIENTES. CON LAS GANANCIAS QUE OBTENGA QUIERE SEGUIR INVIRTIENDO Y AHORRAR PARA OFRECERLES UNA MEJOR CALIDAD DE VIDA A SUS HIJOS. OBSERVACIONES LA SEÑORA QUE NO SE VE BIEN EN LA FOTO SE LLAMA MARIA.

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
  • 11
    View loans »
    Mexico Loans Fundraising
  • $18,121,600
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Orquideas Silvestre Group's $3,525 loan helped a member to buy footwear and cosmetics for her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2011
Listed
Jun 10, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 1, 2011