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Grupo Sicalbe 2 Group
In this Group: Estela Esperanza, Angelina, Onofre, Rosa, Santos, Martin, Candelaria, Petrona
This group of people lives 60 miles away from the city. They have joined together to work on a Micro-irrigation system since they grow tomatoes. They count on the 5 years of experience they have earned since their product is well-known and sold throughout Central America.
The water they use comes from the Momostenango mountains. They live in the small village of Xeqeumayá. Currently they depend on the Micro-irrigation system but lack the funding due to scarce economic resources. This is the first time they request a loan from ASDIR. According to the study undertaken, the financial activities of the borrowers and the land they use for planting tomatoes, were verified. This is why they consider this the right time to increase their funds. This will help build up their crops to earn more, improve their standards of living, and sell their product at a lower price than the local market.
View original language description ↓
Son un grupo de personas que viven a 60 kilometros de la ciudad. Se han reunidos para un proyecto de Mini riego, ya que se dedican a la siembra de tomates, cuentan con experiencia alrededor de 5 años como grupo, ya que es un producto calificados su produccion se vendidos en paises de Centro America. El agua que utilizan proviene de nacimientos de las montañas del mismo lugar de Momostenango, ellos residen en la Aldea Xequemeyá, actualmente cuentan con el proyecto de agua de miniriego, pero no tienen accesos a financiamiento debido a que son de escasos recursos economicos. Es la primera vez que solicitan su prestamo en ASDIR. De acuerdo al estudio realizado se verifico la actividad economicas y los terrenos de cultivo de tomate con que cuentan. Por esta razón se considera al momento de incrementar su capital de agricultura hará que las personas aumenten sus cosechas, y de esa manera obtener mejores ingresos economicos, de la misma manera mejorará sus condiciones de vida, como también ayudarán a las personas del lugar a que los productos que venden sean mas baratos que en el mercado del lugar.

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
  • 81
    View loans »
    Guatemala Loans Fundraising
  • $9,640,025
    Funds lent in using Kiva
  • 8.2
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Sicalbe 2 Group's $1,775 loan helped a member micro-irrigation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 23, 2010
Listed
Feb 24, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011