Las Dificiles Group
Señora Lourdes is a member of this group. She is originally from the community and she makes her living selling rabbits. She started the business more than eight years ago. She makes her sales around the community. Señora Lourdes mentioned that her business allows her to get ahead and take care of the expenses and needs of her family. She is married and has one child. Every day she tries to teach her child values and give him support to continue with his studies. She is 47 years old and completed secondary school.
She will buy rabbits and feed to raise them with this loan. She hopes that with this loan her business will continue to be strengthened. She now has faith that she will get ahead and have more sales than she does now. This way she will be able to realize her dreams and her son will be able to have a career that lets him have a good life when he start his own family.
About CrediComunThis 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.
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Success!! The loan was 100% repaid