This group is called La casita de Juan (Juan’s Little House) because the group could not agree on a name, and so they chose the name of Mrs. María Gloria’s husband, the one who organized the group. It is located in Cuatla de Morelos in Mexico. The group is made up of 10 members. María Gloria Cabrera is the group’s treasurer. She is 44 years old, sells Jafra products, is the leader of a group of saleswomen, and has two children. She has done this work for eight years. Her husband, Mr. Juan Castañeda, is a farmer and works cultivating gladiola. She has benefited from this work, as they have made improvements to their house thanks to her income. In addition to feeling pride for her hard work, she has also earned a lot of recognition and prizes such as trips to Cancun, Acapulco, and the one she will never forget was the trip she won to Paris, France. She says that because of her economic situation, she never would have thought she would be able to visit those places. She will use the loan to buy products and to always have what her customers request.
Este grupo se llama la casita de Juan, porque no se ponían de acuerdo con el nombre de grupo, entonces le pusieron el nombre del esposo de la señora María Gloria, que fue la que organizó el grupo. El cual está ubicado en Cuautla de Morelos en México. El grupo está conformado por 10 integrantes. María Gloria Cabrera, es tesorera del grupo, tiene 44 años de edad, vende productos Jafra y es líder de un grupo de vendedoras, tiene 2 hijos. Ella se dedica a esto desde hace 8. Su esposo el señor Juan Castañeda es agricultor y se dedica a la siembra de gladiola. Ella se ha beneficiado con esta actividad, ya que con esto han hecho mejoras a su casa gracias a los ingresos que ha tenido, además de satisfacciones dado que por su buen desempeño ha ganado varios reconocimientos y premios, como viajes a Cancún, Acapulco, y el que nunca olvidara es el que gano a la ciudad de París Francia, ya que dice que por su situación económica, jamás le habría alcanzado para que ella algún día hubiera visitado esos lugares. Utiliza su crédito para invertir en productos y siempre tener lo que los clientes le pidan.
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.