Check out some available loans that are similar to this one!
Nueva Esperanza Group
In this Group: Elena Matea , Miria Luciana , Ana , Celia Bertha , Maria Cristina , Juana, Dolores Verona
The group Nueva Esperanza (New Hope) turned to the ASDIR association to ask for support to increase their capital so that they can stand out in the competition. With more supplies they can have improved sales and can help their families who depend on them. They want to move their children ahead in their studies so they will not suffer like them, and they want to improve their living standards. For all of these reasons they look for your support.
View original language description ↓
El grupo de la Nueva esperanza acudieron a la Asociaciòn ASDIR para pedir el apoyo para incrementar sus capitales para sobresalir a la competencia ya que entre màs surtido tengan mejor venta puedan realizar y puedan asi sacar a sus familias ya que de ellos dependen y ellas quieren sacar a sus hijos avantes en sus estudios, para que no sufran como ellas y quieren tener mejorar sus sistema de nivel de vida y por ello acuden a que se le apoye.

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

  • $5,300
    Average annual income
  • 125
    View loans »
    Guatemala Loans Fundraising
  • $10,890,350
    Funds lent in using Kiva
  • 8.3
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $1,700 loan helped a member to increase capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Oct 9, 2009
Oct 24, 2009
Currency Exchange Loss:
Nov 15, 2010