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Las Mujeres Emprendedoras Group
In this Group: Wendy Carolina, Olga Marina , Gloria Elizabeth, Elena
This group of people resides in Colonia Santa Fe, located in the municipality of San Antonio, Suchitepéquez. Previously, they lived under very difficult conditions because they did not have enough income to cover all the household necessities. Typical expenses included educations for their children, medical care costs, and food for their families, therefore they could not offer them a very bright future. As a result of these needs, they turned to the Association to request a loan to be able to start businesses to help them generate additional income; businesses such as sale of tamales, other food, drinks and tortillas. The effort of this group can been seen through their accomplishments and, likewise, they are very responsible and have known how to invest the loans provided by the ASDIR Association well.
View original language description ↓
Este grupo de personas residen en Colonia Santa Fe, del municipio de San Antonio, Suchitepéquez,
anteriormente eran personas que vivían en condiciones muy difíciles ya que no contaban con un
ingreso suficientemente grande para cubrir todas esas necesidades que tenían en el hogar, tales
como dar un estudio completo a sus hijos, cubrir los gastos medicinales, dar una adecuada alimentacion
a sus hijos y por consecuencia no podían ofrecer un buen futuro a su familia. Por medio de
estas necesidades acudieron a la Asociación para solicitar un préstamo y asi poder iniciar un negocio
que les ayudaría a cubrir sus gastos; negocios como, venta de tamales, de comidas, de atoles
y tortillas. El esfuerzo de estas personas se ha visto atraves de los logros que han tenido, así
mismo son personas muy responsables que han sabrán invertir bien los créditos a otorgarse por la
Asociación ASDIR.

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
  • 47
    View loans »
    Guatemala Loans Fundraising
  • $8,586,675
    Funds lent in using Kiva
  • 8.3
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Mujeres Emprendedoras Group's $850 loan helped a member to launch businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2009
Listed
Nov 23, 2009
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2010