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Las Estrellitas De San Miguel Group
In this Group: Felipa, Norma, Ana Rosa, Angelica, Guadalupe, Vicenta, Ma Castula Gloria, Maria Isabel, Juana
This group, called "Estrellitas de San Miguel", is located in the state of Puebla, Mexico and has 9 members. Felipa, 43, is the president of the group. She attended high school and now sells cosmetics. She has 3 children.

For a year now she has been selling cosmetics from catalogs. She asks for the loan to buy creams, makeups and fragrances. Her customers are known in her community and they comment that they like to buy from her because she gives them good prices and always gets their orders to them on time. She also offers flexible payment plans.

With this loan request she feels really excited and has a lot of will to overcome her circumstances. She also hopes that with this loan she will bring in more profits and get more clients so that she and her family can have a better quality of life.
View original language description ↓
Este grupo se llama Estrellitas de San Miguel. Está ubicado en el Estado de Puebla, en México. El grupo está conformado por 9 integrantes. La señora Felipa es la presidente del grupo, ella tiene 43 años de edad, estudió hasta la secundaria, se dedica a la venta de cosmeticos, tiene 3 hijos. Ella se dedica a la venta de cosmeticos por catalogo, inició hace 1 años. Solicita el préstamo para comprar cremas, maquillaje y fragancias. Sus clientes son conocidos en su comunidad y comentan que les gusta comprar con ella porque da buenos precios y siempre entrega los pedidos a tiempo además de que los pagos son flexibles. Al momento de solicitar este préstamo se siente entusiasmada con muchas ganas de sobresalir. También espera con este préstamo obtener mejores ganancias y así obtener más clientes para poder tener una mejor calidad de vida para ella y su familia.

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
  • 15
    View loans »
    Mexico Loans Fundraising
  • $17,728,850
    Funds lent in using Kiva
  • 11.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Estrellitas De San Miguel Group's $3,600 loan helped a member to buy creams, makeup and fragrances.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2011
Listed
Jul 24, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 6, 2012