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Ana Marcelina's Group
In this Group: Ana Marcelina , Manuela Victoriana , Manuela Leonciana, Rosa Maria , Maria Del Rosario
This small group of women have been dedicated for the last 8 years to buying and selling typical (native) clothing, new and used, which they trade in neighboring villages to earn their daily sustenance. They want to buy more merchandise, in order to sell more and obtain greater earnings.

They want to get ahead and obtain a higher level of living. They say that they are struggling for survival and want to send their children to school so that they will not suffer like their mothers have, as they explained. For this reason they are approaching the ASSOCIATION so that it could help them to increase their capital.
View original language description ↓
Este grupito de Mujeres se han dedicado unos 8 años atras, a la compra y venta de ropa tipica nuvas y usadas que lo llevan a otros pueblos aledaños para ganar el sustento cotidiano y ellas quieren comprar màs mercaderia y poder dender màs y obtener màs ganancias, quieren salir avante y obtener otro nivel de vida y ellas cuentan que estan luchando para la vida y quieren mandar a sus hijos a estudiar y que ellos no sufre como ellas han sufrido segun lo que relatan y por eso acuden a la ASOCIACION para que se le pueda ayudar para el incremento de sus capitales.

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
  • 63
    View loans »
    Guatemala Loans Fundraising
  • $8,741,725
    Funds lent in using Kiva
  • 8.2
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Ana Marcelina's Group's $1,725 loan helped a member bUYING MORE NEW AND USED TYPICAL CLOTHING TO SELL.
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