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El Carmen Group
In this Group: Gladis Verónica , Roselia Emitelia , Consuelo Virginia , Teresa Viviana , Marbeli Lilian , Yaquelin Angelita , Natalia Isabel , Anastasía , Maria Luisa , Silvia Judíth , Gloria Consuelo *, Guadalupe
* not pictured
Silvia is 52 years old and has a grown daughter who is studying law at the university. She has a pharmacy where she gives consultations and sells medicine. Silvia has been in business for 16 years, but she lacks capital to stock and equip the pharmacy. Silvia is a great leader who brought together 11 other ladies to form the communal bank, El Carmen, which is named for its location. With God's help and her daughter's support, Silvia hopes that one day her pharmacy will be large enough to open another branch.
View original language description ↓
Doña Silvia tiene 52 años D. edad tiene una hija ya granD. y está estudiando Derecho en la Universidad. Ella tiene su negocio que consiste en una Farmacia donD. da consultas y venD. los medicamentos. Con la farmacia tiene 16 años D. estar funcionando, pero le falta capital para poder surtir y equipar la farmacia, y siendo una gran líder reúne a otras once señoras y forman el Banco Comunal llamado El Carmen el cual es nombrado así por su ubicación. Lo que ella espera y sueña es que su farmacia sea granD. y poder abrir una sucursal contando con la ayuda D. Dios y D. su hija quien le brinda tambien su apoyo.

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
  • 124
    View loans »
    Guatemala Loans Fundraising
  • $10,890,300
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of El Carmen Group's $1,950 loan helped a member purchase supplies for pharmacy.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Aug 20, 2010
Sep 1, 2010
Currency Exchange Loss:
Mar 24, 2011