La Segunda Rosa Group
Angela is happy with the loan that she is being granted. She is grateful for the good service and says that she will use her money to buy more supplies and products for preparing her meals. She will also buy a gas broiler since the one she has is a somewhat worn through use. Angela would like to use her profits to save up so that she can celebrate her children's first communion during her community's fiestas. She is certain that, with this help, in the future she will achieve this goal and others.
Angela is 27 years old and studied up to the third year of high school. She is a single mother and has two sons.
Hoy esta contenta y satisfecha con con el prestamo que le van a otorgar, agradece el buen servicio, dice que este prestamo lo destinará a la compra de más insumos y productos para preparar su comida, tambien para adquirir una parrilla de gas pues la que tiene ya esta algo picada y desgastada por el uso. La señora Angela desea que con las ganancias que obtenga ahorrar para realizar la primera comunion a sus hijos en las fiestas de la comunidad y esta segura que con la ayuda a futuro lograra esta meta y más.
Ella tiene 27 años y estudio hasta el tercer grado de secundaria, es madre soltera, tiene 2 hijos varones.
About CrediComunThis 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.
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Success!! The loan was 100% repaid