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Mujeres De Pachawacan Group
In this Group: Eufemia Gumercinda , Margarita , Carmelina , Juana , María , María , Agustina , Juliana , Juliana , Aura Marina , Florencia Zacarías
Eufemia Gumercinda I. T. is a person who devotes herself to raising animals. Through this work she has prevailed. She has been able to support her family and cover the household expenses. That is why she had the idea of forming a group of women so that they could also do well.

This group is comprised of 11 members. The women devote themselves to different activities like raising animals, selling fruits and vegetables, and selling daily consumption items. The members of the “Mujeres de Pachawacan” (Women of Pachawacan) Communal Bank are from the Pachawacan parish, Santa Ana neighborhood, Momostenango. The group is comprised of women.

They decided to request a loan from ASDIR to be able to increase their working capital and improve their living conditions and those of their families. They want to improve their sales and their income.
View original language description ↓
Doña Eufemia Gumercinda I. T. , es una persona que se ha dedicado a la crianza de animales y, a través de este trabajo ella a superado, a si mismo a podido mantener a su familia y cubrir los gastos de su hogar, por tal razón ella tomó la idea de formar un grupo de señoras, para que ellas puedan superar también este grupo está conformado por once integrantes, mujeres que se dedican en diferentes funciones como crianza de animales, venta de frutas y verduras, venta de artículos de consumo diario. Los integrantes del Banco Comunal, Mujeres de Pachawacan, del Paraje Pachawacan Barrio Santa Ana, Momostenango están conformados por mujeres, decidieron solicitar un crédito en ASDIR para poder ampliar su capital de trabajo y mejorar sus condiciones de vida y la de su familia, y mejorar sus ventas como también sus ingresos económicos.

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
  • 96
    View loans »
    Guatemala Loans Fundraising
  • $9,101,050
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De Pachawacan Group's $1,925 loan helped a member working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2010
Listed
Jul 24, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 24, 2011