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Grupo Chuiquisis Group
In this Group: Maria, Vilma Eugenia , Tomasa , Elena , Manuela , Adela Maria
The group Chuiquisis, formed by hardworking women, has launched a business buying and selling textiles and traditional clothing. They market their products in other places in the Republic of Guatemala. As they lack working capital they have come to the ASOCIACIÒN ASDIR looking for support. They think that this loan will help them to increase their joint earnings and help their business to succeed so that they can help their families. They particularly want to help their children to advance in their studies so that they can have a higher living standard, and to do this they are asking for this assistance.
View original language description ↓
El grupo Chuiquisis an enprendido un negocio, formadas por mujeres trabajadoras han tenido a bien realizar en la compra y venta D. textiles y ropa tipica donD. comercializan en otros lugares D. la republica D. Guatemala y por la falta D. Capital D. trabajo acuden a la ASOCIACIÒN ASDIR para este apoyo, consideran ellas que con este incremento les ayudaran en conjunto a obtener màs ganancia y asi superar màs en el negocio y poder ayudar a su familia y especialmente a sus hijos para sacarlo avante en la edad escolar y tener otro nivel D. vida, por ello piden esta ayuda.

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
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $9,898,100
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Chuiquisis Group's $1,875 loan helped a member working capital for clothing and textile business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 10, 2010
Listed
Mar 24, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011