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Piscis De Agua Escondida Group
In this Group: Ma Guadalupe, Ma De Los Angeles, Ana Isabel, Maria Angelica, Gloria, Emelia, Reynalda, Lourdes
This group is called "Picis D. Agua Escondida" because it is located in the community of Agua Escondida, in the State of Mexico. The group has eight members and Ana is the group's president.

Ana is 22 years old. She has a high school level of education and her business is raising and fattening livestock. She started this business two years ago. She is requesting this loan to buy more pigs since pigs are commonly eaten in the village during fiestas. She would also like to sell their meat because she has many orders. She will invest in her business because she would like to expand it into neighboring communities. Ana raises and feeds her pigs from the time they are very young so that she can sell them for a good price in her region. She would like to use the profits she makes to finish building her house. She would also like to save up for her children's education and be able to offer them a better quality of life.
View original language description ↓
Este grupo se llama "Picis D. Agua Escondida, por que esta ubicado en la comunidad D. Agua escondida en el Estado D. México. El grupo esta conformado por 8 integrantes. La señora Ana es la presidenta del grupo. Tiene 22 años, estudio hasta la secundaria y se dedica a la cria y engorda D. ganado que inicio hace 2 años. Solicita el prestamo para comprar más puercos ya que en eL poblado se utiliza mucho a los puercos en las fiestas para comer y tambien para comercializar su carne por lo cual le hacen muchos pedidos y tiene que invertir para poder expandirse a comunidades aledañas. La señora los cria y alimenta desD. pequeños para poder venderlos a buen precio por la región. Con las ganancias que obtenga quiere terminar la construccion D. su casa y ahorar para la educación D. sus hijos y así ofrecerles una mejor calidad D. vida.

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
  • 24
    View loans »
    Mexico Loans Fundraising
  • $18,365,750
    Funds lent in using Kiva
  • 11.9
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Piscis De Agua Escondida Group's $1,700 loan helped a member to buy pigs to raise and sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2011
Listed
Jun 18, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 30, 2011