The group is called "VECINAS D. SAN PABLO" and it is located in the state of Mexico. This town is known for its beautiful spring waters and extensive green fields, for its town festivals, its hardworking, enterprising and humble people. The group consists of 10 members. Señora Alicia is the president of the group. She started her business 6 years ago. She sells sweets and toys outsiD. schools. She is asking for the loan to buy more sweets and toys as the children are asking her for a greater variety. Also if she buys in large quantities the price is more economical. She is 38 years old and studied until high school. She is an enterprising person, very eager to work whose wish is to always proviD. the best for her family every day. She is in a common-law marriage and has a daughter who is 14 years old. Her biggest dream is to see her daughter graduate and have a better quality of life than she did.
El grupo se llama "VECINAS D. SAN PABLO" y se ubica en el Estado D. México. este municipio se distingue por sus bellos manantiales y grandes campos verdes, por sus fiestas del pueblo, su gente trabajadora, emprendedora y L. humildad que en cada uno D. sus habitantes existe. El grupo esta conformado por diez integrantes. L. señora Alicia es L. presidenta del grupo. ElL. inició su negocio hace 6 años, el cual consiste en L. venta D. dulces y juguetes afuera D. las escuelas, requiere el prestamo para comprar más dulces y juguetes ya que los niños le piden más variedad y si compra en cantidades grandes su precio es más economico. ElL. tiene 38 años, estudió hasta L. secundaria, es ser una persona emprendedora con muchas ganas D. trabajar, siempre con el deseo D. brindarle lo mejor a su familia cada dia, vive en union libre, tiene una D. hijas D. 14 años D. edad y su mayor sueño es ver a su hija graduada y con una mejor calidad D. vida que elL. no pudo tener.
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.