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Choxbajan Group
In this Group: Aura Marina , Paula , Sara , Juana , Felipa Olivia , Catarina , Silvia , María Ramona , Juana , Bartola , Andrea
Doña Aura is married and completed elementary school only through the fourth grade. She has four children of different ages, three sons and a daughter. The oldest is ten years old and the youngest is two years old. Her husband works as a traveling merchant and she helps with some of the family expenses, such as paying for the schooling of three of her children. Aura earns her living making baskets and has plenty of experience because she has done this type of work since she was a girl. Having enthusiasm, the desire to succeed personally and in her family life, and with the help of some neighbors, Aura was able to organize a group in order to request a loan.


This Communal Bank is called “Mujeres de Choxbajan” (Women of Choxbajan), a name that was chosen by all of the members since it contains the name of their hometown. The group consists of eleven women who are involved in different business activities such as raising animals, manufacturing baskets, and selling daily consumer products. This loan will be used to buy materials so that they can generate more income to help the development of their families. One of their difficulties has been the lack of capital, but now they can get ahead and expect to expand production as well as generate more income.

View original language description ↓
Doña Aura es casada, solo curso el cuarto grado primaria, tiene cuatro hijos de diferentes edades tres hombres y una mujer, el mayor de diez años y la mas pequeña de dos años, el esposo se dedica al comercio (Vendedor Ambulante) y ella colabora con algunos gastos familiares, y de educación ya que tres de sus hijos asisten a la escuela, ella se dedica a la Elaboración de canastas y que cuenta con gran experiencia, porque este ha sido su trabajo desde que era niña. Contando con entusiasmo, deseos de superación personal y familiar y la ayuda de algunas vecinas, organizan un grupo, para poder solicitar un préstamo. El Banco Comunal se denomina MUJERES DE CHOXBAJAN, el nombré fue elegido por todas las integrantes y también lleva el nombre del paraje ya que son originarias del mismo lugar. El grupo cuenta con 11 integrantes mujeres, quienes se dedican a diversas actividades entre ellos podemos mencionar, la crianza de animales, elaboración de canastas, venta de artículos de consumo diario. El préstamo ella lo utilizará para compra de materia prima, así generar más ingresos y de esa forma colaborar con el desarrollo de sus familias. Ya que una de las dificultades ha sido la falta del capital, pero ha salido adelante y espera que su producción sea más grande y genere mas ingresos.

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
  • 53
    View loans »
    Guatemala Loans Fundraising
  • $8,798,275
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Choxbajan Group's $1,625 loan helped a member operating capital to buy materials.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2010
Listed
Aug 25, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 26, 2011