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Flor De Mayo Group
In this Group: Fidelina Angelica , Natalia , Santos Ofelia , Juliana, Hermenegilda
Fidelina Angélica S. is president of the Flor de Mayo group. They have known each other for six years. They are from the Chinimabé Momostenango neighborhood. She has five children, two boys and three girls.

She currently makes cotton pillows. She also makes aprons and blouses, among other things. She has domestic animals as well.

She needs to increase her working capital for the work she currently does. But, in order to access a loan from the Asociación ASDIR she needed to join a group of women. There are five of them that make up the group. They all have the same objective of increasing their business capital.
View original language description ↓
Doña Fidelina Angélica S., es presidenta del grupo Flor de Mayo, hace 6 años se conocen son originarios de la Aldea Chinimabé Momostenango, Ella cuenta con 5 hijos 2 varones y 3 mujeres, actualmente ella se dedica a la Fabricación de almohadas de algodón, así mismo se dedica a la Elaboración de delantales, blusas, entre otros, cuenta animales domésticos, ella necesita un aumento de capital para el trabajo que actualmente realiza, pero para poder acceder a un prestamos en la Asociación ASDIR, fue necesario reunir al grupo de señoras quienes integran 5 personas, ya que ellas también tienen el mismo objetivo de aumentar el capital de negocio con la que cuentan.

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
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $8,352,950
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Mayo Group's $1,150 loan helped a member working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2010
Listed
Apr 29, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 18, 2011