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Los Planes 4 Group
In this Group: Maria Josefa, Catarina , Isabel , Maria, Juana Flavia, Ana Luisa , Catarina Maricela
The "Los Planes 4" group manufactures beaded sashes and belts and aprons for women; they have been in this line of work for 6 years. Demand has been high and this has made it possible for them to get ahead.

They need an increase incapital so they have called upon ASOCIACIÒN ASDIR to request funds to buy merchandise in order to increase sales and profits so that their standard of living will rise and their entire way of life will improve.
View original language description ↓
El grupo los planes 4 se han dedicado a la elaboraciòn de cintas y fajas de mostacillas y delantales para damas con unos 6 años a tras y ellas con esto han salido avante pero por la demanda ellas quieren incrementar sus capitales y por ello acuden ala ASOCIACIÒN ASDIR para poder ayudarlas en sus capitales para tener màs venta y surtir sus meraderias y asi ganar y tener otro nivel de vida y superar en toda el area de su vivencia.-

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
  • 72
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Planes 4 Group's $2,125 loan helped a member to buy raw materials.
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:
Mar 24, 2011