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Aticlan Group
In this Group: Ana Maria , Nicolasa , Manuela Adelaida , Maria Del Rosario, Sara Isabel , Josefa , Luisana Isabel , Francisca , Maria
The group Aticlan was formed 5 years ago, so that its members could get ahead and support their children and themselves. They work making women's aprons, which they sell in different parts of Solola and Totonicapàn. Seeing the need to expand their business and increase their earnings, and in order to have a better standard of living, they came to the Asociacion ASDIR for support.
View original language description ↓
El grupo aticlan, se han unido hace 5 años atras para poder salir avante y mantener a sus hijos y mantener a ellas misma,Ellas se han dedicado a la fabricacion de delantales para damas, y ellas salen a vender en distinta partes de Solola y Totonicapàn, pero viendo la necesidad de ampliar y obtener mas ganancias Acuden a la ASOCIACION ASDIR para este apoyo. y para tener una mejor nivel de vida.

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
  • 78
    View loans »
    Guatemala Loans Fundraising
  • $9,637,050
    Funds lent in using Kiva
  • 8.2
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Aticlan Group's $2,225 loan helped a member capital for business making and selling aprons.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2010
Listed
Feb 17, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2011