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Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous
For the borrower's privacy, this loan has become anonymous. Learn More

Additional Information

About ERES Energía Renovables

ERES Energía Renovable is a hybrid social enterprise that provides clean energy via solar-powered home systems in off-grid communities in Mexico. Kiva loans enable low-income households to purchase these systems. By lending to borrower groups that cross-guarantee each other, ERES Energía Renovable is able to reach far more borrowers who do not have the collateral or credit history to get a loan from a formal financial institution.

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

ERES Energía Renovable joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

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

  • $15,600
    Average annual income
  • 57
    View loans »
    Mexico Loans Fundraising
  • $20,002,925
    Funds lent in using Kiva
  • 12.7
    Mexico Pesos (MXN) = $1 USD
A portion of Anonymous Group's $450 loan helped a member helps a member to stop depending on diesel lamps for lighting and allows each of them to buy a reliable solar home system for quality lighting and cell-phone charging for their households.
Repayment Term
11 months (Additional Information)
Repayment Schedule
Feb 1, 2013
Jan 28, 2013
Currency Exchange Loss:
Feb 14, 2013