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Anabela's Group
In this Group: Anabela, Carmen Rosa, Justa Rosa, Florinda Gricelda , Lucia Teresa , Juana Chacal
This group of 6 persons came to the ASDIR Association to ask for help to increase their capital; they are engaged in the business of buying and selling clothes in styles that are typical of the area. This business has served to provide their daily needs for sustenance and they want to continue to support their sons and daughters so that they can have a higher standard of living. For this reason they look for support to increase their capital; in this way they can have a greater supply of merchandise and can sell their clothing in other towns.
View original language description ↓
El grupo de 6 personas llegaron a la Asociciòn ASDIR para pedir ayuda, para incrementar sus capitales ya que ellos se dedican a la compra y venta de ropa tipica, y esto a servido para el mantenimiento coticiano para la susistenicia y ellas quiren seguir apoyando a sus hijos e hijas para tener un mejor nivel de vida y para ello acuden para apoyarles en sus capitales y asì poder tener màs sutido sus mercancia y vender a otros pueblos la ropa tipica.

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
  • 42
    View loans »
    Guatemala Loans Fundraising
  • $8,598,975
    Funds lent in using Kiva
  • 8.3
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Anabela's Group's $1,450 loan helped a member to increase capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 7, 2009
Listed
Oct 24, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010