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El Bonete Group
In this Group: Lucia, Juana, Maria Del Carmen, Eustacia, Laura, Flora, Maria Alejandra, Ruth, Anayeli, Guillermina
This group is called “El Bonete” because there is a “bonete” (a regional fruit similar to a papaya) tree on the street where the group is located. This is how people identify the community. It is close to Xochicalco’s archaeological zone in the state of MoreL. in Mexico. The group is comprised of ten members.

Juana Martínez is a member of the group. Juani, as she likes to be called, is 56 years old, and she lives alone. She does not have an education. She is a seamstres, and she has eight daughters. The oldest is 39 years old, and the youngest is 21 years old. They are all married.

She started her business of making aprons two years ago. She sells her aprons to the indigenous community in Xoxocotla. Most of the women there use this garment.

She is requesting a loan to buy fabric and thread to make the aprons. Juana is very pleased because she has been able to have her own business through the loans. She wants to use this loan to increase production in her business and get greater income. She will buy another sewing machine and start up a sewing shop in order to give her daughters work.
View original language description ↓
Este grupo se llama El Bonete, porque sobre la calle donD. se ubica el grupo había un árbol D. bonetes (es una fruta D. la región), así es como la gente la identifica a esta comunidad, se encuentra cerca D. la zona arqueológica D. Xochicalco, en el Estado D. MoreL. en México. El grupo esta conformado por 10 integrantes.

La Sra. Juana Martínez es integrante del grupo, Juani es como le gusta que la llamen, tiene 56 años, vive sola, no tiene estudios, es costurera, tiene un total D. 8 hijas la mayor tiene 39 años y la menor 21 todas ellas ya están casadas. Ella se dedica a la confección y venta D. mandiles, negocio que inicio hace 2 años, venD. sus mandiles en la comunidad indígena D. xoxocotla donD. la mayoría D. las mujeres utilizan esta prenda, solicita su préstamo para comprar telas e hiL. para la elaboración D. L. mandiles, la Sra. Juana se siente contenta ya que con L. prestamos ha podido tener su propio negocio, quiere este préstamo para incrementar la producción D. su negocio, obtener mayores ganancias , comprar otra máquina D. coser, y montar un taller D. costura para poder darles trabajo a sus hijas.

Additional Information

About CrediComun

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.

About Mexico

  • $15,600
    Average annual income
  • 59
    View loans »
    Mexico Loans Fundraising
  • $22,255,175
    Funds lent in using Kiva
  • 12.5
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Bonete Group's $3,475 loan helped a member to buy merchandise and invest in her business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Oct 6, 2010
Oct 15, 2010
Currency Exchange Loss:
Mar 16, 2011