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La Presa De Enchisi Group
In this Group: Esther, Margarita, Angelica, Alicia, Marisela, Teresa, Maria De Lourdes, Angelina*, Arcelia, Josefina
* not pictured
This group is called “La Presa de Enchisi” (Enchisi Dam) because there is a dam in the community that is larger in the rainy season; it’s located in the State of México. It is a place of hard working people dedicated to farming different plants. The group has 10 members and this is the first time they’ve asked for a loan.

Esther is the group President. She’s married and is 34 years old; she has six children. She grows cactus paddles to sell, a business she started several years ago. She asked for a loan to buy plastic and to weld the structure of her nursery so that her product won’t be damaged. She sells her product to her neighbors because there are people who don’t grow it and buy it from her at wholesale. They prefer hers because it’s good quality and because of the dedication she puts into her work with her husband and children who are the main motivators for her daily work because she wants her children to become great professionals.
View original language description ↓
Este grupo se llama "LA PRESA DE ENCHISI" porque en la comunidad hay una presa y es más grande en esta epoca de lluvia, esta ubicado en Estado de Mexico. Es un lugar de gente muy trabajadora y dedicada a la produccion en el cultivo del campo con diferentes plantas. El grupo esta conformado por 10 personas y es la Primera vez que solicita un prestamo. La señora Esther es la presidenta del grupo, es casada y tiene 34 años de edad, con 6 hijos. Se dedica al cultivo y venta de nopales que inicio hace ya unos años, solicito el prestamo para comprar plastico y soldar la estructura de su invernadero para que su producto no se dañe. Su producto lo ofrece con sus vecinos ya que hay personas que no cultivan y le compran por mayoreo, la prefieren por que es de calidad y el esmero que le pone a su trabajo junto a su esposo e hijos que son sus principales motivos para trabajar dia a dia, ya que quiere que sus hijos sean unos grandes profesionistas.

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
  • 37
    View loans »
    Mexico Loans Fundraising
  • $19,089,875
    Funds lent in using Kiva
  • 11.6
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Presa De Enchisi Group's $3,625 loan helped a member to buy plastic and to weld the structure of her nursery.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 14, 2011
Listed
Jul 23, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 30, 2011