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Arcos De Miacatlan Group
In this Group: Maria Isabel, Julia, Mayra Elizabeth, Isabel, Zandra Elizabeth, Valentina, Sugey, Susana, Francisca*
* not pictured
This group is called “Arcos de Miacatlan” (Arches of Miacatlan). The name reflects a set of arches that are located near where the group meets and help to identify this town which is located in the State of Morelos in Mexico. There are nine members in this group and this is the fourth time they have requested a loan.


Mayra is a member of the group. She is 33 years old and studied to pursue a business career as a secretary. Mayra works as a merchant and has two daughters. She sells clothing at her business which she started five years ago. Mayra is requesting a loan to buy stockings, socks, and a few school uniforms for children. Her customers prefer to do business with her because she delivers her merchandise to their homes. Upon requesting her loan, Mayra was pleased because she would be able to obtain merchandise before the school season started again. She also hopes to earn enough money to buy school supplies for her children since they can be expensive. Mayra wants her children to be prepared for the new school year. She says that it is very important that her children have an education because it will open opportunities for them to have a better life.

View original language description ↓
Este grupo se llama "Arcos de Miacatlan" porque cerca de donde esta el grupo hay unos arcos que identifican a la poblacion, esta ubicado en el estado de Morelos, en Mexico. El grupo esta conformado por 9 integrantes y es la cuarta vez que solicitan un prestamo. Mayra es integrante del grupo, tiene 33 años, estudio una carrera comercial en secretariado, es comerciante, tiene un total 2 hijas; ella se dedica a la venta de ropa negocio que inicio hace 5 años, solicita el prestamo para comprar calcetas, calcetines, y algunos uniformes para el ingreso de los niños a las escuelas. Sus clientes la prefieren porque les lleva los articulos hasta sus hogares, al momento de solicitar el prestamo se siente contenta porque tendra mercancia para la temporada de regreso a clases. Tambien espera con las ganancias comprar los utiles escolares de sus hijos ya que son caros y quiere que vayan muy preparados a el nuevo ciclo escolar, comenta que para ella es muy importante la educación de sus hijos ya que les abre la oportunidad de tener una mejor 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

  • $15,600
    Average annual income
  • 14
    View loans »
    Mexico Loans Fundraising
  • $18,764,650
    Funds lent in using Kiva
  • 11.8
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Arcos De Miacatlan Group's $3,325 loan helped a member to purchase stockings, socks, and a few school uniforms.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 29, 2011
Listed
Jul 18, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 30, 2011