This group is called "L. LLUVIA". It is located in the State of Mexico. The members decided to adopt this name as for most of the year it rains in this region. This group consists of 9 members with Señora Lorena as the president. She sells plants. She is married and has 3 children. She wants to invest again so that she can help her husband with the household expenses as she wants to proviD. her children with a better future and education. With the loan you willl give her, she is going to buy plants of different types and sizes that her customers are asking for and orders she has pending delivery. She is very happy with the opportunity that she is being given to continue growing her business. Observation: the lady that you can't see in the photo is called Azucena.
Este grupo se llama "L. LLUVIA" se encuentra ubicado en el Estado D. Mexico, las clientas decidieron llevar este nombre ya que L. mayor parte del año en esta región llueve. Este grupo esta integrado por 9 clientas en el cual se encuentra L. señora Lorena quien es presidenta del grupo. ElL. se dedica a L. venta D. plantas, es casada, tiene 3 hijos. Desea invertir nuevamente para asi poder ayudar a su esposo con el gasto familiar ya que quiere brindarles a sus hijos un futuro mejor y educación. Con el prestamo que le otorguen va a comprar plantas D. diferentes clases y tamaños que le solicitan sus clientes y pedidos que tiene pendientes D. entregar. L. señora se siente muy contenta con L. oportunidad que le dan para seguir haciendo crecer su negocio. Observaciones: L. señora que no se ve se llama Azucena
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.