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Las Artesanas Paquip Group
In this Group: Candelaria , Juana , Marìa Antonieta , Paulina , Marìa Florinda , Catarina , Sandra Marybel , Ana , Nicolasa , Marìa Elena , Santos Leocadia
Doña Catarina V. P. is 34 years old, married, and has four children under her care. She earns her living by making beaded fabrics and sashes that are traditional for the region. Catarina has been selling in bulk and in small amounts for 12 years and she wants to improve the quality of her products. She and a few of her relatives decided to organize a group with other neighbors in the community to request a loan that will increase the capital of each member and help generate more income for their respective families. The members of the group are involved in different types of business activities which incluD. making beaded sashes, selling bread, making traditional embroidered blouses, and buying cattle to raise.


This group consists of eleven individuals who resiD. in the neighborhood of Paquib Santa Clara La Laguna. They hope to improve their earnings.

View original language description ↓
Doña CATARINA V. P., tiene 34 años,es casada, tiene 4 hijos, los cuales están a su cargo y se dedica a la elaboración D. telas y fajas D. mostacias, típicos D. la región, para la venta por mayor y menor actividad que viene realizando desD. hace 12 años atrás y con el afán D. mejorar su cálida D. y la D. su familia deciden organizarse con otras vecinas D. la comunidad para solicitar un crédito que les servirá para incrementar el capital D. cada persona y así generar más ingresos para cada familia, teniendo en cuenta que las integrantes del grupo se dedican a varias clases D. actividades productivas como: Elaboración D. fajas D. mostacias, venta D. pan, elaboración D. Bordado a mano en güipiles típicos y compra D. ganado vacuno.

Los integrantes son 11 personas que residen en la Aldea Paquib Santa Clara La Laguna. Esperan mejorar sus canancias.

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
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $8,352,950
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Artesanas Paquip Group's $4,125 loan helped a member operating capital to acquire materials used in making beaded fabrics & sashes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2010
Listed
Aug 27, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011