Check out some available loans that are similar to this one!
Carmidas Group
In this Group: Ana Cristina, Claudia Patricia*, Maria De Jesus , Maria Lidia, Mayra Alejandra, Rocio Esmeralda, Rosa Belem
* not pictured
Carmidas is a communal bank in the town of García, Nuevo Leon. It is comprised of seven women entrepreneurs who are currently completing their second loan cycle in Credituyo. They chose the name "Carmidas" because it is the name of the street where the majority of the members lives. They have known each other for almost three years, ever since they came to live in this colony.

María Lidia, one of the members of the group, is 33 years old, married and has three children, a nine-year-old and six-year-old who are in elementary school, and the youngest, who is just ten months old. For three years, María Lidia has been known as an enterprising woman. She began selling snacks to help her husband with the household expenses. However, lately she is looking to go into new businesses. She has requested a loan to buy balloons, stuffed animals, ribbons, confetti, tissue paper and other articles for arrangements for Mother's Day and school graduations that will start in June. María Lidia hopes the help from the loan and the income from selling arrangements will give her children the best future possible.
View original language description ↓
Carmidas es un grupo solidario del municipio de García, Nuevo Leon. Ellas están compuestas por 7 mujeres emprendedoras y actualmente están cumpliendo con su segundo ciclo en Credituyo. Ellas escogieron el nombre de Carmidas porque este es el nombre de la calle en donde viven la gran mayoría de las integrantes del grupo. Ellas se conocen desde hace casí 3 años, que fue cuando todas se vinieron a vivir a esta colonia.

María Lidia una de las mujeres del grupo. Ella tiene 33 años y es casada. Tiene 3 hijos, una de 9 años y otro de 6, los cuales actualmente están estudiando en la primaria, mientras que el más pequeño tiene apenas 10 meses. Maria Lidia desde hace 3 años se ha caracterizado por ser una mujer emprendedora. Ella comenzó a vender snacks para apoyar a su esposo con los gastos de la casa. Sin embargo, ultimamente ha buscado comenzar nuevos negocios. Es por eso que ella solicitó el crédito para comprar globos, peluches, moños, confetti, papel de china y otros artículos para vender arreglos para el día de las madres y las graduaciones escolares que comenzarán en junio. María Lidia espera que con la ayuda de este crédito y con los ingresos que obtendrá por la venta de los arreglos pueda proveerle a sus hijos el mejor futuro posible.

Additional Information

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.

About Mexico

  • $11,249
    Average annual income
  • 14
    View loans »
    Mexico Loans Fundraising
  • $17,728,850
    Funds lent in using Kiva
  • 13.7
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of Carmidas Group's $2,650 loan helped a member to buy articles to make arrangements.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 9, 2012
Listed
May 30, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012