This group is called "Iyali" and it is located in the State of Puebla, Mexico. The group has ten members. Maria de los Angeles is the group's president. She is 31 years old and studied up to the third year of high school. She has three children and she sells bread for a living. She started this business four years ago as her husband had a serious accident which left him paralyzed. She started the business so that she could support her family. Maria believes that, in spite of everything, she can get ahead in life with the help of her family. She is requesting this loan to buy 'pan de dulce' (sweet bread). Her customers are people from her community who prefer to buy from her because of her good customer service and the quality of her bread. At the time of requesting this loan, she feels excited and has a great desire to do well. She hopes that she will be able to make better profits and thereby be able to enjoy a better quality of life together with her family.
Este grupo se llama "Iyali". Está ubicado en el estado de Puebla, México. El grupo está conformado por 10 integrantes. Maria de los Angeles es la presidenta del grupo. Tiene 31 años, estudió hasta tercero de secundaria, se dedica a la venta de pan, ella tiene 3 hijos, inició hace 4 años ya que su esposo tuvo un accidente grave y lo dejo paralitico por lo que emprendio este negocio para poder mantener a su familia, la señora piensa que apesar de todo puede salir adelante con el apoyo de su familia. Solicita el préstamo para comprar pan de dulce. Sus clientes son personas de su comunidad que la prefieren por su buen trato y por la calidad de su pan. Al momento de solicitar este préstamo se siente entusiasmada con muchas ganas de sobresalir. También espera con esto obtener mejores ganancias y así tener una mejor calidad de vida para ella y su familia.
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.