Las Amistosas 1 Group
Martha García R. has a grocery store, which was born from her restlessness of not having a job, but as time passed, she became more interested in her grocery store business. She’s been running this store for five years and tells us that she is proud to have had it for so many years and she hopes to make it more successful and secure a better future for herself. She requested this loan to buy inventory items in order to stock her store better.
Margarita M. G. has had a tailor shop for five years. She tells us that she has enjoyed this trade since she was a little girl, and as an adult decided to dedicate herself to this business. She does all kinds of sewing, from making clothing to simple repairs. She also tells us that she’s been able to get ahead because of this. Her neighbors say that she does very good work and that many people seek her out. She will use the money from this loan to perform maintenance on her sewing machines so that she can continue to give good service to her customers.
La señora Martha García R., tiene una tienda de abarrotes, la cual surgió por la inquietud de tener un trabajo y distraerse, pero al paso del tiempo le fue interesando más el negocio de los abarrotes es por eso que ya tiene cinco años con la tienda, dice sentirse orgullosa por mantenerla tantos años y espera hacerla prosperar más, y con ello tener un futuro asegurado, el crédito que solicitó es para materia prima y tener más surtida la tienda.
La señora Margarita M. G., tiene un taller de costura desde hace cinco años, menciona le gusta el oficio de costurera desde muy pequeña y de grande decidió dedicarse a este negocio, hace todo tipo de costuras desde la confección hasta una simple reparación de alguna prenda, menciona que gracias a la costura ella ha salido adelante sus vecinos dicen que hace muy buenos trabajos es por eso que mucha gente la busca. Con el crédito dará mantenimiento a sus máquinas para poder seguir dando buen servicio a sus clientes.
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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Success!! The loan was 100% repaid