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Las Uvas 1 Group
In this Group: Estela, Clara, Sara, Maria Del Carmen, Lourdez, Graciela, Ana Maria, Ma Del Carmen, Varcelia
This group is called "LAS UVAS 1" because in the home of one of the members, where they have their meetings, there are several green grape plants and the house is known as "The House of Grapes". It is located in Puebla, México. The group is comprised of nine members. Mrs. Estela, a member of the group, is 35, has a secondary education, and has been running a clothing business for ten years. She has two children.

She is requesting a loan to buy fabric to make women's trousers. Her customers recommend her often because of the quality and design of her products. She is happy to receive this loan and to have to opportunig to expand her business by buying more fabric to increase production and distribution. She wants to expand her customer base so she can employ neighbors in her community and help them get started. She plans to use the income from her business to give her children a better lifestyle so one day they can be successful professionals.
View original language description ↓
Este grupo se llama "LAS UVAS 1" porque en la casa D. una D. las integrantes donD. se reunen tiene varias plantas D. uvas verdes y así mismo conocen la casa como "la casa D. las uvas". Esta ubicado en Puebla, en México. El grupo está conformado por nueve integrantes. La señora Estela es una D. las integrantes del grupo, ella tiene 35 años, estudió hasta el primer año D. secundaria, es comerciante maquila ropa y tiene 2 hijos, ella inicio el negocio hace 10 años. Solicita el préstamo para la compra D. tela para la elaboracion D. pantalonD. vestir D. dama. Sus clientes la recomiendan mucho porque les gusta la calidad y los diseños D. su producto. Al momento D. solicitar este préstamo se siente muy contenta por adquirir este prestamo ya que le brindan la oportunidad D. hacer crecer su negocio e invertir en más tela para su elaboración y así distribuir más facilmente. Quiere ampliar su cartera D. clientes para poder dar empleo a vecinas D. su colonia y apoyarlas y obteniendo D. este modo gente confiable. Con las ganancias que obtenga quiere seguir invirtiendo y darles una mejor D. calidad D. vida a sus hijos para que un día puedan ser profesionistas con mucho éxxito.

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
  • 3
    View loans »
    Mexico Loans Fundraising
  • $17,325,200
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Uvas 1 Group's $3,400 loan helped a member to buy fabric to make women's trousers.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2011
Listed
Jun 12, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 1, 2011