Check out some available loans that are similar to this one!
Piñas Coladas Group
In this Group: Natalia, Kenia, Miriam, Isabel, Rosa, Martina, Dulce Gabriela, Maria Humberta, Victoria
This group is called "Piñas Coladas" and it is located in the State of Puebla, Mexico. The group has nine members. Martina is one of the members. She is 44 years old and has an elementary school level of education. She is married and has two children. Martina's business is selling shoes. She started her business three years ago since she had some financial problems as her husband didn't have any work. For this reason, she looked for opportunities and started her own small business.

Martina is requesting this loan to buy merchandise. Her customers are the general public. At the time of requesting this loan she is feeling enthusiastic because she will use her loan to buy more merchandise. She would like to use her loan to buy different brands of shoes, in different styles. She will also buy cheaper shoes that are affordable to her customers. Martina hopes that this loan will enable her to stock her business so that she and her family can enjoy a better quality of life. She hopes to provide her children with a better education since she would like to see them study for a degree.

(Note: the lady who can't be seen very well in the photo is called Dulce)
View original language description ↓
Este grupo se llama "Piñas Coladas". Está ubicado en el estado de Puebla, México. El grupo está conformado por 9 integrantes. La señora Martina es integrante del grupo. Tiene 44 años, estudió hasta la primaria, es casada y tiene 2 hijos. Ella se dedica a la venta de zapatos, su negocio lo inicio hace 3 años ya que en ese tiempo tuvo problemas económicos ya que su esposo no tenia trabajo por lo que ella busco oportunidades y así pudo emprender este pequeño negocio. Solicita el préstamo para comprar mercancia. Sus clientes son personas en general. Al momento de solicitar este préstamo se siente entusiasmada ya que con este prestamo comprara más mercancia. Quiere este prestamo para comprar zapatos de diferente marcas y diseños además de economicos que se amolde a la economia de sus clientes. También espera que con el préstamo peda surtirse para tener una mejor calidad de vida para ella y su familia, brindandoles a sus hijos una mejor educación ya que desea ver a sus hijos con una carrera profesional. Observaciones la señora que no se ve bien en la foto se llama, Dulce.

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
  • 0
    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 Piñas Coladas Group's $2,475 loan helped a member to invest in footwear.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2011
Listed
Jun 13, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011