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Chivarretense Group
In this Group: Pia Prisila , María , Lorenza , Juana, María , María Francisca, Sara, Manuela Estefana, Antonia , Pascuala , Venancia , Isabel , Virginia, Catalina , Francisca
They are a group of women who organized in 2008. They currently work at different economic activities such as commerce (buying and selling clothes, shoes, and other things), raising animals (hens, pigs, cows, sheep, etc.), and services (construction, field work, and laundry, among others).

The people who provide services have secondary activities like raising animals. They do this to improve their income. The intention of the other two activities is to diversify their products to improve the incomes that they currently have.

It has been determined that all of them are engaged in economic activities that will enable them to pay back the loan.
View original language description ↓
Son un grupo de señoras organizadas en el año 2008 actualmente se dedican a diferentes actividades economicas tales como; comercio (compra y venta de ropa, zapatos entre otros), así también la crianza de
animales (gallinas, cerdos, vacas ovejas etc.), y servicio (promotores, trabajos en el campo,lavanderia entre otros), en el caso de las personas que se dedican al servicio tienen una actividad economica secundaria como lo es la crianza de animales el cual desean fortalecer para mejorar sus ingresos económicos y en el caso de las otras dos actividades su intención es diversificar su productos para mejorar los ingresos que actualmente tienen, y se ha determinado que todas ellas cuentan con actividad económica para solventar su préstamo.

Additional Information

About Asociación ASDIR

ASDIR (Asociación de Desarrollo Integral Rural - Association for the Development of Rural Communities) is a community-based organization that works to promote development in the villages and communities where it serves. It was founded in 1999 in the village of Nimasac, Totonicapán Department, by a handful of local men and women to support community projects and group loans. Today ASDIR has 5 offices across 3 departments (Totonicapán, Sololá and Suchitepéquez) serving more than 6,000 clients, most of them in rural communities.

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.

About Guatemala

  • $4,155
    Average annual income
  • 79
    View loans »
    Guatemala Loans Fundraising
  • $8,374,425
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Chivarretense Group's $3,375 loan helped a member working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Possible
Ended:
May 15, 2010