This group is called "Union is Strength," and it is located in the state of Puebla, in Mexico. The group consists of 9 members. Señora Maria G is one of the members of the group. She sells groceries, a business that she began 7 years ago. She is applying for the loan to purchase merchandise, so that she can offer a greater variety of products and better service. She wants to improve her work and not give her customers a bad impression. She is 29 years old. She went to secondary school up to the third year. She is married and has three sons. Her customers feel that she has good service, since her store is centrally located and they always find what they need. In addition, she has an accessible schedule, since she closes late and the other stores close early. At the time of applying for this loan, she felt happy because she was going to continue investing in her business and would be able to increase it to meet the expectations of her customers. Señora Maria hopes that her business will grow and continue to support her family economically. She wants her sons to have careers.
el grupo se llama "La Union Es La Fuerza", y se ubica en el estado de Puebla en México. El grupo está conformado por nueve integrantes. La señora Maria G. L. es una de las integrante del grupo, ella se dedica a la venta de abarrotes que inicio hace siete años. Solicita el prestamo para la compra de mercancía con el cual poder ofrecer una gran variedad de productos un mejor servicio, ella quiere realizar mejor su trabajo y no quedar mal con sus clientes. Tiene 29 años, estudió hasta el 3 año de secundaria, es casada y tiene en total 3 hijos varones. Sus clientes opinan que tiene un buen servicio pues el lugar es centrico y siempre encuentran lo que buscan. Además de contar con un horario accesible, ya que cierra tarde y las demás tiendas cierran temparno. Al momento de solicitar este prestamo se siente alegre porque va a seguir invirtiendo y va a poder ampliar su negocio para cumplir con las espectativas de sus clientes. La señora María espera que su negocio crezca y para seguir apoyando economicamente a su familia. Ella desea que sus hijos sean profesionistas.
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.