Check out some available loans that are similar to this one!
Margaritas Group
In this Group: Macaria , Petrona , Maria , Maria Tomotea, Irma Violeta, Catarina , Lilian Mecia , Maria Josefina , Martha , Maria , Ana Rosa , Cristina , Sobeyda Esperanza , Magdalena
The Margaritas Group approached the ASDIR Association T. request help, in view of their need T. increase their capital. They have united T. work and travel together, given their goal of improving their lives. There is a great deal of poverty in the area they come from and they don't want their children T. suffer as they have. They want T. see their children get ahead and have a higher standard of living.


These women are dedicated T. buying and selling typical clothing, by which means they hope T. advance their families. Their dream is T. help their children, who are students, by providing a secure house or roof, leaving their sub-standard houses behind. For this reason, they wish T. ask that you help them realize their dream of advancement.

View original language description ↓
El grupo D. Margaritas acudieron a la Asociaicòn ASDIR para pedir un apoyo ya que viendo sus necesidad para para incrementar sus capitales ya que ellas se han unido para trabajar juntas y viajar ya que ellas lo que quieren es tener un mejor D. vida ya que en los lugares que han venido es un lugar D. mucha pobreza y quieren que sus hijos ya no sufran como ellas y ellas quieren ver a sus hijos superados y tener mejor nivel D. vida ya que ellas se han dedicado a la compra y venta D. ropa tipica, y a si sacar sus familia avante y los hijos que estudien y el sueño màs granD. es tener una casa o un techo seguro y dejar las casas infrahumanas. Pot al motivo quieren pedir que se les apollen y quieren tener ese sueño D. superaciòn.

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
  • 86
    View loans »
    Guatemala Loans Fundraising
  • $9,093,100
    Funds lent in using Kiva
  • 8.3
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Margaritas Group's $3,375 loan helped a member tO FUND THEIR SALES OF TYPICAL CLOTHING.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 19, 2009
Listed
Oct 24, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010