Ignacia S. M., 49, is a group member. She has a nixtamal (tortilla dough) mill. This activity has been beneficial to her because most of the people in her locality make tortillas at home every day to eat. Therefore, the service Ignacia provides is basic which has provided her with guaranteed daily income. This has allowed her to improve her locale because at the beginning it was made from cardboard sheets, as was her house, and now it is stone.
She uses the loan to provide maintenance and repair for the mill and to buy parts, like gears and bearings, to replace deteriorated ones. These parts need to be changed periodically due to use and this isn’t counting some breakdowns caused by the machine’s age since it has been in operation for 60 years.
She has 6 children (3 boys: Gustavo, 23, Daniel, 19 and José Manuel, 17, and Antonia, 28, Juana, 26 and Guadalupe, 21).
She has been in this line of work for 26 years. Her son Daniel is currently in college in the state of México and she has to work to support his efforts because she’s always dreamed with her children becoming professionals.
Ignacia S. M., es integrante del grupo. Tiene 49 años de edad, y cuenta con su molino de nixtamal, ella se ha beneficiado, con esta actividad, ya que la mayor parte de las personas de esta localidad elaboran diariamente en casa las tortillas que consumen, es por eso que el servicio de la señora Ignacia es básico, lo que le ha permitido tener un ingreso seguro todos los días, con lo que ha logrado mejorar su local, porque en sus inicios sólo era de lámina de cartón, al igual que su casa, y actualmente su local ya es de loza.
Utiliza su crédito para darle mantenimiento a su molino, y para comprar refacciones como el balero y la flecha, que ya están deteriorados, estas partes se cambian periódicamente por el uso, sin contar algunas fallas que a veces le resultan por la antigüedad de la maquina, que tiene ya 60 años de estar en función. Tiene 6 hijos (3 varones, Gustavo de 23 años, Daniel de 19 años y José Manuel de 17 años y 3 Antonia de 28 años, Juana de 26 y Guadalupe de 21 años). Ella se dedica a esto desde hace 26 años, actualmente su hijo Daniel está estudiando una licenciatura en el estado de México, y ella trabaja para apoyarlo, ya que siempre fue un sueño para ella que uno de sus hijos fuera profesionista.
About CrediComunThis 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.
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