This group is called "ALEGRES DE LA CURVA" (the happy ones of the bend) and it’s located in the state of México, the town is characterized for having a dam and its landscapes. The group is made up of 10 members and this is their second loan. Mrs. Maria is the treasurer of the group, she sells groceries, work that she began more than 4 years ago. She needs the loan to better stock her business. Mrs. Maria studied up to primary school, is married, and has two children, one is 12 and the other is 18 years old. At the moment that she requested this loan she feels the drive to get ahead in life and wants the loan to buy soap, sugar, eggs and other products for her business which are requested by her customers because they are basic household goods for daily consumption. With the profits she hopes to keep investing in her business, to expand and increase the number of customers so that she can give her family a greater quality of life and to help with their economic expenses.
ESTE GRUPO SE LLAMA "ALEGRES DE LA CURVA" SE UBICA EN EL ESTADO DE MÉXICO ESTE PUEBLO SE CARACTERIZA POR TENER UNA PRESA Y SUS PAISAJES. EL GRUPO SE CONFORMA POR 10 INTEGRANTES Y ES LA SEGUNDA VEZ QUE SOLICITA UN PRESTAMO. LA SEÑORA MARIA ES LA TESORERA DEL GRUPO, ELLA SE DEDICA A LA COMERCIALISACION DE ABARROTES QUE INICIO HACE MAS DE 4 AÑOS. SOLICITA EL PRESTAMO PARA SURTIR MEJOR SU NEGOCIO, ESTUDIO HASTA LA PRIMARIA, ES CASADA, TIENE DOS HIJOS UNO DE 12 AÑOS Y LA OTRA DE 18 AÑOS. AL MOMENTO DE SOLICITAR EL PRESTAMO SE SIENTE CON MUCHAS GANAS DE SALIR ADELANTE, QUIERE EL PRESTAMO PARA COMPRAR JABON, AZUCAR, HUEVO, Y OTROS ARTICULOS PARA SU NEGOCIO LOS CUALES LE SOLICITAN SUS CLIENTES PORQUE SON PRODUCTOS BASICOS PARA EL CONSUMO DIARIO. CON LAS GANANCIAS PIENSA SEGUIR INVIRTIENDO EN SU NEGOCIO PARA EXPANDIRLO Y AUMENTAR EL NUMERO DE CLIENTES DE ESTA MANERA BRINDARLES UNA MEJOR CALIDAD DE VIDA A SU FAMILIA Y APOYAR CON LOS GASTOS ECONOMICOS.
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.