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Catarina's Group
In this Group: Catarina , Juana Lucia, Antonia , Minica Matilde , Clara, Lucia
The Lady Workers have worked buying and selling traditional clothing. They have had to work hard during the last 5 years so that they could support themselves and their families and children. They travel to sell traditional blouses and skirts to other nearby villages to earn their upkeep. In order to have more stocked merchandise they have come to the ASDIR association to ask for a loan to increase their capital so that they can get ahead of the competition and generate more earnings and be able to be at a higher level for themselves and their families.
View original language description ↓
Las señoras Trabajadoras que se han dedicado a la compra y venta de ropa tipica ellas han tenido a bien de trabajar durante 5 años atras ya que con esto se han mantenido y han mantenido a sus hijos y familia salen a vender cortes y guipiles a otras aldeas aledaños para ganar el sustento, y para tener màs surtido la mercaderia acuden a la Asociacicòn ASDIR para incrementar sus capitales y asi sobre salir avante a la competencia y generar màs ganancia y podran estar en otro nivel de vida de ellas y de sus familia.

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
  • 60
    View loans »
    Guatemala Loans Fundraising
  • $8,798,275
    Funds lent in using Kiva
  • 8.2
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Catarina's Group's $1,975 loan helped a member increase capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2010
Listed
Mar 24, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011