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Tacajalve Group
In this Group: Santos María , Francisca Santos, Esteban Diego, Santos Luisa, Marta , María Lucía , Rudy Antonio
This group of members from the small village of Tacajalvé, in the town of San Francisco el Alto, Department of Totonicapán, know each other very well, having worked with each other continuously for the past twenty years. Their president is Santos María T.. These seven people earn their living selling tires, new clothing, animal feed, hand-made perrajes [shawls] and shirts, and raising animals like pigs, sheep, and cows.

The members who sell clothing or tires sell in San Francisco el Alto. Those who sell fruits and vegetables or everyday clothing and skirts sell in Retalhuleu, Mazatenango, Coatepeque as well as San Francisco el Alto. In some cases they pick up their items at someone's house and sell them by the dozen at a variety of locations.

Because they need to expand their working capital, the members approached the ASDIR Association office in Pologuá seeking financing for their businesses so they can improve their families' quality of life.
View original language description ↓

Este grupo de señoras, del paraje Xecorral, de la aldea Tacajalvé, del municipio de San Francisco el Alto del departamento de Totonicapán, S. personas que se conocen muy bien, desde hace 20 años han trabajado siempre juntas, en el cual lo doña: Santos Maria T., es la presidenta, estas siete personas se dedican especialmente a la Comercio Venta de llantas para vehículos, venta de ropa nueva, venta de concentrado para animales, Artesanía Elaboración de Perrajes, Elaboración de Camisas y a la crianza de animales tales como: Cerdos Ovejas y Vacas, las persona que vende. Ropa tiene sus puntos de venta en, San Francisco el Alto y el caso de la venta de llantas fco. el Alto, Toto, en el caso de las verduras y frutas y en el caso de la Ropa típica y Faldas, lo venden en la Retalhuleu, Mazatenango, Coatepeque y También en San Francisco el Alto y en algunos casos las personas lo recogen en la casa de una de ellas, para venderlos por docena en diferentes lugares , las personas necesitan ampliar sus Capital de Trabajo, por lo que se acercaron a las oficinas de la asociación ASDIR de Pologuá , para poderles financiar, su actividad económica y así poder mejorar sus condiciones de vida y de sus familias

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
  • 86
    View loans »
    Guatemala Loans Fundraising
  • $9,093,100
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Tacajalve Group's $2,450 loan helped a member working capital.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2010
Listed
Apr 27, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011