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Xesaclac 2 Group
In this Group: Arcadia , Juana , Estela , Silvia Matea , Vicenta
Arcadia A. B. manages this group of women from the Xesaclac parrish in the Jutacaj rural community, Xequemeya village, Momostenango. Arcadia sells firewood. She has two daughters and three sons, and they help her. She buys from merchants. She sells at a spot in the center of the Momostenango municipality in the Totonicapán department.

She has a second economic activity, which is raising domestic animals like pigs, sheep, chickens, and cows. Her husband helps her. He sells clothes in the market in the San Pedro Sacatepequez municipality in the San Marcos department.

The people in the group need to expand their animal production and their firewood sales. That is why they came to the ASDIR Asociación’s offices in Pologuá to be able to finance their economic activities. That way they will be able to improve their living conditions and those of their families. This is the second loan they have requested.
View original language description ↓
Doña Arcadia A. B., es quien dirige este grupo de señoras, del paraje Xesaclac, Caserío Jutacaj, de la aldea Xequemeya, Momostenango, doña arcadia se dedica a la venta de leña, cuenta con 2 hijas y 3 hijos, cuenta con la ayuda de sus hijos, ella lo compra con los comerciantes que lo venden a ellas, tiene su punto de venta en el centro del Municipio de Momostenango, departamento de Totonicapán.

Tiene una segunda actividad económica, que es la crianza animales domésticos tales como: cerdos, ovejas, pollos y vacas, cuenta con la ayuda de sus esposo que se dedica a la venta de ropa en el mercado Del municipio de San Pedro Sacatepequez, del departamento de San Marcos, y las personas necesitan ampliar sus producción de animales y también de venta de leña , 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, ya que es un segundo crédito que ellas solicitan.

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
  • 61
    View loans »
    Guatemala Loans Fundraising
  • $9,070,500
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Xesaclac 2 Group's $1,575 loan helped a member working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2010
Listed
Jun 29, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011