This group is called "Iyali". It is located in Puebla, Mexico. There are 10 members of the group. Guadalupe is the president of the group. She is 38 years old and she studied until the 6th grade of primary school. She works selling shoes, and she began doing this 15 years ago. She is requesting the loan to buy more pairs of shoes. When applying for this loan, she is excited and eager to excel. She also hopes to increase her income with this loan and to get more clients so that she can grow her business and gain a better quality of life. Reyna is another member of the group. She is 42 years old and studied up to secondary school. She is married and her children are already married. She has a store and she started her business 10 years ago because, at this time, she had economic problems as her husband was out of work so she went looking for opportunities and started her store. Today the store is very well known in the community. She is requesting the loan to buy more merchandise. When applying for this loan she feels excited as she will be able to buy more goods with the loan and will always have the things her clients are looking for, like sugar, oil, and sodas. She also hopes that, with the help of this loan, she will have a better quality of life for herself and for her family.
Este grupo se llama "Iyali". Está ubicado en Puebla, México. El grupo está conformado por 10 integrantes. Guadalupe S. G. es la presidente del grupo. Tiene 38 años, estudió hasta el sexto año de primaria tiene 3 hijos. Ella se dedica a la venta de zapato, inició hace 15 años. Solicita el préstamo para más pares de zapatos para su negocio. Al momento de solicitar este préstamo se siente entusiasmada con muchas ganas de sobresalir. También espera con este préstamo obtener mejores ganancias y así obtener más clientes e invertirlo hasta que su negocio crezca y conseguir una mejor calidad de vida. La señora Reyna M. es otra integrante de este grupo, tiene 42 años, estudió hasta la secundaria. Es casada y sus hijos ya se casaron. Ella tiene una tienda, su negocio lo inicio hace 10 años ya que en ese tiempo tuvo problemas económicos ya que su esposo no tenia trabajo por lo que ella en busca de oportunidades pudo emprender su tienda que hoy en dia es muy conocida en su comunidad. Solicita el préstamo para comprar más mercancia. Al momento de solicitar este préstamo se siente entusiasmada ya que con este crédito comprará más productos y siempre tener lo que buscan sus clientes como azucar, aceites y refrescos. También espera con este préstamo tener una mejor calidad de vida para ella y su familia.
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.