This group is called "Las Libertadoras". It is located in the state of Mexico. The group is made up of 9 members, and this is the second time that they are requesting a loan. Mrs. Antonia is the group president. She is 21 and has one 2-year-old child. She studied up to high school. She is a baker, a business which she started two years ago with her husband. She is requesting this loan to purchase supplies such as milk, sugar, fruit, eggs, etc. to make her desserts. She sells pastries and desserts because there is no nearby bakery in her community. She makes her cakes and other products the traditional way, rudimentarily, in her home with basic utensils. With her earnings, she wants to be able to finish the construction of her house and support her children in their studies. She is very delighted by the opportunity that you are offering her.
Este grupo se llama "Las libertadoras", esta ubicado en el estado de México. El grupo esta conformado por 9 integrantes y es la segunda vez que solicitan un prestamo. La señora Antonia es la presidenta del grupo. Tiene 21 años, un hijo de 2 años de edad y estudio asta la secundaria, ella se dedica a la reposteria que inicio hace 2 años junto con su marido. Solicita el prestamo para comprar materia como leche, azucar, frutas, huevos etc. para elaborar sus postres. Ella se encarga de vender pasteles y postres ya que en su comunidad no hay una pasteleria cercana. La señora elabora sus pasteles y demas productos de forma tradicional y rodumentaria en su casa con utencilios basicos. Con las ganancias quiere poder terminar la construccion de su casa y apoyar a sus hijos en sus estudios. La señora se encuentra muy entusiasmada por la oportunidad que le ofrecen.
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.