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La Bendicion 2 Group
In this Group: Santa Brígida , Aura Rebeca , María Antonieta , Reyna Regina , Isabel , Elizabeth , Felipa Dominga , Norma Esther , Santos , Carmelina Santos , Sayra Rovelsi , Rosa María , Juana , Eufemia
Santa is 40 years old. She is married and did not have the opportunity to attend school. She has four children of different ages, the oldest being 24 and the youngest 10. Her husband works as a mason and she helps with the household expenses. She sells merchandise (clothing, typical of the region) and raises livestock (hogs and chickens). She has 12 years experience doing these things.

With enthusiasm, a desire to get ahead, and with help from some neighbors and sisters from the church, they formed a group so that they would be able to request a loan. The communal bank is called “La Bendición” (The Blessing). This name was chosen by all of the members with the thought that this loan would be a blessing for them.

The group is made up of 14 women who do different things, including raising livestock, food sales, and clothing sales. They will use the money from this loan to buy merchandise, grow their businesses, and increase their incomes that they will use to improve the well being of their families.
View original language description ↓
Doña Santa tiene cuarenta y dos años de edad, es casada, no tuvo la oportunidad de asistir a la escuela, , tiene cuatro hijos de diferentes edades el mayor de 24 años y la mas pequeña de 10 años, el esposo se dedica a la albañilería y ella colabora con algunos gastos familiares, se dedica al comercio (venta de ropas típicas) y crianza de animales (Cerdos y pollos), cuenta con 12 años de experiencia en éstas actividades. Contando con entusiasmo, deseos de superación y la ayuda de algunas vecinas y hermanas de la iglesia, organizan un grupo para poder solicitar un préstamo. El Banco Comunal se denomina LA BENDICIÓN, el nombré fue elegido por todas las integrantes con el pensamiento de que este crédito es una bendición para ellas, El grupo cuenta con 14 integrantes mujeres, quienes se dedican a diversas actividades entre ellos podemos mencionar, la crianza de animales, venta de artículos de consumo diario, alimentos y ropas típicas. El préstamo ella lo utilizará para compra de mercadería, así aumentar su negocio y generar más ingresos, para el bienestar de su familia.

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 La Bendicion 2 Group's $2,625 loan helped a member working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2010
Listed
Aug 24, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 22, 2011