This group is called "Las Catalinas" and is located in the Morelos state, in Mexico. The group is made up of 9 members, and this is the first time that they are requesting a loan. Martha is a member of the group. She is married, 42, and a businesswoman. She has a total of 4 children; 3 girls and one boy. She sells clothing, a business that she started 25 years ago. She has her own storefront where she displays her merchandise, and she is able to offer other articles seasonally. She is requesting a loan for the purchase of merchandise, since the season for buying new school uniforms is approaching; a new school year is about to begin. She wants to purchase clothing such as socks, shirts and accessories which the students use for the return to school. Her customers prefer her business because she has a large variety of designs. With her income, she wants to save up for her children's education, and to help out with the household costs.
Este grupo se llama "Las Catalinas", está ubicado en el estado de Morelos, en México. El grupo está conformado por 9 integrantes y es la primera vez que solicitan un prestamo. Martha es integrante del grupo, es casada, tiene 42 años, es comerciante, tiene un total de 4 hijos 3 mujeres y un varón, ella se dedica a la venta de Ropa negocio que inicio hace 25 años, cuenta con un local propio donde exhibe su mercancía y además puede ofrecer otros artículos según la temporada, solicita el préstamo para comprar mercancía ya que viene la temporada de comprar uniforme nuevo para los estudiantes ya que comienzan un nuevo ciclo escolar, ella quiere comprar ropa como calcetines, camisetas y accesorios que utilizan los estudiantes para este regreso a clases, sus clientes la prefieren porque cuenta con una gran variedad de diseños. Con las ganancias ella quiere ahorrar para la educación de sus hijos y apoyar en los gastos de la casa.
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.