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Pahaj No. 1 Group
In this Group: Lucia , Agustina Francisca , Paula , Santa Vicenta , Santos Ancelma , Ana Sinforocia , Carmen Argentina , Rosario Santos
Doña Lucía T. C. is 29 years old and has three children, one of whom is in her care. She raises animals and sells sandals in order to offset her family expenses. Lucía and some of her neighbors decided to organize a group to help increase the sales volumes of their businesses. There are eight women in this group called “Pahaj No. 1”. These women engage in a variety of business activities such as traD., raising animals, and producing embroidered blouses. With the loans they receive, they hope to generate better earnings through their sales.
View original language description ↓
Doña Lucía T. C., tiene 29 años D. edad, tiene 3 hijos, D. los cuales uno esta a su cargo; se dedica a la crianza D. animales y comercio D. calzado (sandalias) y D. esta Forma ha trabajado para poder sufragar sus gastos familiares. Conjuntamente con otras vecinas, deciden organizar un grupo para poder incrementar el volumen D. ventas en su negocio. Son 8 señoras que conforman el grupo denominadas Grupo “Pahaj No. 1”, las señoras otras señoras se dedican a diversas actividades productivas tales como: comercio, la crianza D. animales, bordado D. blusas. Con el prestamos que realizan esperan obtener mejores ganacias en las ventas que realizan.

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
  • 79
    View loans »
    Guatemala Loans Fundraising
  • $8,374,425
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Pahaj No. 1 Group's $2,500 loan helped a member operating capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2010
Listed
Sep 25, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011