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Las Florecitas Group
In this Group: Tomasa , Maria Juliana , Belsy Aidi , Patricia Eulogia , Micaela
The group "Las Florecitas" (The Little Flowers) do hand embroidery and also make girdles for women. Their work helps them support themselves and their children who are studying in school.

They tell us they have been doing this work for more than five years, and it has allowed them to get ahead in life. They came to the Asociaciòn Asdir so they can increase their business capital to cover the different orders they have. This will allow them to move forward with their children and families and have a higher level of life. They are sure that with this help they will achieve their established goals for this year.
View original language description ↓
El grupo las florecitas realizan bondados a mano y como tambien realizan fajas para damas el cual les ayudado a mantenerce y a sus hijos a que estudien y ellas relatan que lo han realizo mas de 5 años atras y esto los a sacado a vante y acuden a la asociaciòn Asdir para que se le puedan ayudar para el incremento de su capital para cubrir los diferentes pedidos que tienen y asi poder ganar y sacar a sus hijos y a la familia avante y tener otro nivel de vida y ellas estan seguro con esta ayuda alcanzaran las metas establecido para este año 2010.-

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
  • 62
    View loans »
    Guatemala Loans Fundraising
  • $9,070,525
    Funds lent in using Kiva
  • 8.2
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Florecitas Group's $1,225 loan helped a member business capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 17, 2010
Listed
Feb 21, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011