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Las Tejedoras Group
In this Group: Manuela Candelaria , Santos Micaela , Sara Narcisa , Roberta Juana , Maria Tomasa , Teresa, Justa Ventura , Lucinda Tomasa , Carolina Juliana, Santos Rafaela , Maria Nicolasa
Juana T. is 48 years old and a married homemaker. She has 8 children and only 3 live with her. She works in weaving (making traditional clothing). She has six employees and looms, and 25 years of experience. She is getting a loan from the communal bank called LAS TEJEDORAS (the Weavers), which is made up of eleven women and created by themselves. They will invest the loan in working capital adquiring more raw material, to increase demand. She dreams of seeing her business grow much bigger, and generate more profits.
View original language description ↓
Juana T. tiene 48 años de edad, casada de oficios Domésticos, tiene 8 hijos y tres únicamente viven con ella, se dedica a la Tejeduría (Elaboración de Cortes Típicos), cuenta con seis empleados y telares, con 25 años de experiencia, recibe un crédito por medio del Banco Comunal denominado LAS TEJEDORAS el cual está conformado por once mujeres creado por ellas mismas, el préstamo lo invertirán como capital de trabajo adquiriendo materia prima, para incrementar la demanda. Sueña con ver su negocio mucho más grande, que les generé 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
  • 82
    View loans »
    Guatemala Loans Fundraising
  • $9,093,100
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Tejedoras Group's $2,525 loan helped a member to purchase raw materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2010
Listed
May 20, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010