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Las Margaritas 2 Group
In this Group: Isabel , Isabel , Catarina , Isabel , Santos , Josefina
Doña Isabel Martínez M. is married, and cannot read and write. She has six children, four of whom are married, and the other two still live at home. For the past ten years she has earned her living by handcrafting shirts. She relates enthusiastically how some neighbours got together to form a group and seek a loan.

The group is called Las Margaritas 2 (Daisies) and is comprised of six women who have a variety of jobs such as making sweaters and pants, and raising farm animals. Isabel will use her share of the loan to buy materials for her business and thus increase her sales. One of the problems of running a business has been the lack of capital.
View original language description ↓
Doña Isabel Martínez M., es casada, es una persona analfabeta, tiene 6 hijos los cuales, 4 están casados y el resto están a su cargo, ella se dedica a la Artesanía (elaboración de camisas) tiene 10 años ya con este negocio. Contando con entusiasmo y la ayuda de algunas vecinas organizan un grupo, para poder solicitar un préstamo. El Grupo Solidario se denomina Las Margaritas 2, El grupo cuenta con Seis integrantes mujeres, quienes se dedican a diversas actividades entre ellos podemos mencionar, Artesanía elaboración de Chumpas y pantalones, y Agropecuario crianza de animales domesticas, El préstamo ella lo utilizará para compra de materia prima para su negocio y así incrementar el volumen de ventas. Una de las dificultades de ser la dueña del negocio ha sido la falta del capital.

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

  • $5,300
    Average annual income
  • 76
    View loans »
    Guatemala Loans Fundraising
  • $9,883,175
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Margaritas 2 Group's $1,125 loan helped a member working capital.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Aug 20, 2010
Aug 24, 2010
Currency Exchange Loss:
Jun 15, 2011