Piscis De Agua Escondida Group
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.
About CrediComunThis 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.
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Success!! The loan was 100% repaid