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Donne Group
In this Group: Maria Isabel, Elizabeth, Mireli, Maria Guadalupe, Itzel*, Alicia Marta, Maria Alejandra, Lourdes, Karina, Petra, Lidia
* not pictured
The group is called “Donne” and is located in the State of México. It has 11 members; among them is María, 38. She is a single mother of two children, a 12-year-old and a 1-year-old. She tells us that she’s been working for a little more than a year in her grocery store. She started it because she did not have enough money to cover family expenses. She started the business with very little stock merchandise but with great hopes. Gradually she started having more customers and now she has to invest in more merchandise to meet customer demand. Her wish is to better establish her store.

She will use the loan she gets to buy soft drinks, canned goods and items for the home. María puts a lot of effort into her work; her greatest motivators are her children. Her family has always supported her efforts and she wants to proviD. her children with careers so that they’ll have better quality of life.
View original language description ↓
El grupo se llama "Donne" ubicado en el estado D. México. Esta conformado por 11 integrantes entre ellas se encuentra la señora Maria D. 38 años D. edad, ella es madre soltera tiene dos hijos uno 12 y otro D. 1 año D. edad; la señora nos platica que lleva un poco mas D. un año trabajando en su tienda D. abarrotes, inicio porque ya no le alcanzaba el dinero para los gastos D. su familia; inicio el negocio con muy poca mercancia y muchas iluciones pero poco a poco comenzo a tener mas clientes y ahora tiene que invertir en mayor mercancia para abastecer la demanda D. sus clientes, su deseo es establecer y mejorar su negocio. Con el prestamo que obtenga lo invertirá para comprar refrescos, enlatados, articulos para el hogar. La señora Maria le pone mucho empeño en su trabajo, ya que su mayor motivacion son sus hijos y su familia siempre la ha apoyado desea brindarle a sus hijos una carrera para que tengan 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
  • 10
    View loans »
    Mexico Loans Fundraising
  • $18,118,725
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Donne Group's $3,400 loan helped a member to buy soft drinks, canned goods and items for the home.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2011
Listed
Jul 15, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 30, 2011