This photo was taken at the business of Ms. Guadalupe Fidelia R., a member of the group "Las Princesas of Cuautlapan" ["The Princesses of Cuautlapan"], which is located in the Mexican state of VeraC.. Guadalupe sells stationery and other merchandise, which she started doing one year ago. She is requesting this loan to buy more merchandise and to stock her business in order to increase her sales, as well as to work planning social events. Her friends, neighbors, and customers know her as a hard-working and responsible woman. As she requests this loan, she feels happy that this will make it possible for her to increase her sales. She is 42 years old, finished high school, and is single. She also hopes to continue helping her parents with the expenses for the home where they live together.
Esta foto fue tomada en el negocio de la señorita Guadalupe Fidelia R., un integrante del grupo Las Princesas de Cuautlapan, que esta ubicado en el Estado de VeraC., en México. Ella se dedica a la venta de Papeleria y merceria que inicio hace 1 año. Solicita el préstamo para comprar más mercancía y tener surtido su negocio para incrementar sus ventas, además de dedicarse a la organización de eventos sociales. Sus compañeros, vecinos y clientes la conocen como una persona trabajadora y responsable. Al momento de solicitar este préstamo se siente satisfecha ya que por medio de este crédito podra incrementar sus ventas. Tiene 42 años, estudio hasta el bachillerato y es soltera. También espera seguir ayudando a sus padres y apoyarlos con los gastos de la casa ya que vive con ellos.
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.