Check out some available loans that are similar to this one!
Las Orquideas Group
In this Group: Maria Karina, Griselda Yohana , Marta Dana , Hercilia Maribel
This is a group of 4 persons from Paraje Pologuá who have joined together. Their president is Marta Dana who has 4 children, 2 girls and 2 boys. She is dedicated to selling home products daily from her store in the center of Pologuá.

The remainder of the women are in the same activity and they all need to increase their working capital (to buy more merchandise). With the financing they hope to obtain, they will be able to realize their dreams of obtaining better earnings.
View original language description ↓
Es un grupo de personas la cual lo conforman por 4 personas originarios del Paraje Pologuá, siendo la presidenta del grupo doña Marta Dana M., ella cuenta con 4 hijos, 2 mujeres y 2 varones, el cual ella se dedica al Servicio, Venta de consumo Diario, ella cuenta con una Tienda en el centro de Pologuá, y el resto del grupo de señoras realizan también la misma actividad, para lo cual ellas necesitan un aumento de capital de trabajo, y con el financiamiento que obtendrán podrán realizar sus sueños de poder obtener mejores ganancias.

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
  • 66
    View loans »
    Guatemala Loans Fundraising
  • $8,342,350
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Orquideas Group's $975 loan helped a member bUYING MORE MERCHANDISE TO INCREASE THEIR INCOME.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2010
Listed
Apr 29, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 10, 2011