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Mariposas Emprendedoras Group
In this Group: Gloria*, Elizabeth, Valentina, Martin*, Octaviana, Rosa Maria, Antonia, Olivia, Virginia, Julia, Maribel
* not pictured
This group is called “Mariposas Emprendedoras” (Enterprising Butterflies). The name was chosen because just like butterflies they like to seek new horizons. It is located in the State of México. The community is noted for maintaining their Mazahua linguistic roots and traditional costumes. Most of the residents sell vegetables which they farm themselves for the most part. The group has 11 members and this is the ninth time they’ve requested a loan since they have been helpful in their sales, production and they have helped their business grow.

One of the members is Elizabeth, 27. She completed secondary school. She’s a housewife but a merchant at the same time. She comments that the business is vital to be able to meet household expenses that crop up daily. She has two children who are 8 and 1 years old.

Elizabeth sells vegetables that she herself grows according to the season such as: peas, beans, string-beans, squash and squash blossoms. For her, the opportunity to get a loan is of great help because she can invest more easily in her vegetable crops.

Her dedication to work has maD. it possible for her to have improved family and economic stability. She will use the loan to buy seed and manure that she needs for her crops. She dreams with one day being able to increase her crop yields in order to proviD. better education for her children so that they will have professions.
View original language description ↓
Este grupo se llama "Mariposas Emprendedoras" este nombre fue elegido porque igual que las mariposas les gusta buscar nuevos horizontes. Está ubicado en el estado D. México, esta comunidad se caracteriza por mantener sus raíces D. L. lengua y vestimenta Mazahua, L. mayoría D. los habitantes se dedican a L. venta D. verduras que en su mayoría los cultivan. El grupo está conformado por 11 integrantes y es L. novena vez que solicitan un prestamo ya que estos apoyos les han servido mucho en sus ventas, producción y han logrado hacer crecer su negocio. Una D. las integrantes del grupo se llama Elizabeth, elL. tiene 27 años, estudió hasta secundaria, es ama D. casa y a su vez comerciante, comenta que su negocio es parte fundamental para salir adelante con los gastos que se presentan diariamente, elL. tiene 2 hijos D. 8 y 1 año. Elizabeth se dedica a L. venta D. verduras que elL. misma cultiva según sea L. temporada como lo son, chicharo, frijol, ejote, las calabazas y flor D. L. misma, para elL. L. oportunidad D. obtener un prestamo es D. gran ayuda ya que pueD. invertir con mayor facilidad para el cultivo D. su verdura. su dedicación en su negocio ha permitido que tenga una mejor estabilidad familiar y económica, con el prestamo va a comprar semillas y abonos que necesita para sus cultivos. Sueña que algún día pueda incrementar sus cultivos para contribuir a que sus hijos tengan una mayor educación y tengan una profesión.

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
  • 1
    View loans »
    Mexico Loans Fundraising
  • $17,775,800
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mariposas Emprendedoras Group's $4,000 loan helped a member to buy seed and manure.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2011
Listed
Jun 12, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 1, 2011