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Xoljuyub No. 5 Group
In this Group: Luisa , Juana Abigail , Lucia Fidelia , Irma Florinda , Marta Martina
Mrs. Luisa P. T., 55, is married and has a son in her care. She sells bread and has worked at this daily. Together with some neighbors they decided to form a group to increase sales.

There are 5 members. The other women are in various kinds of productive activities such as: commerce, bread sales, animal raising, blouse and typical clothing embroidery.

They want their businesses to be profitable so the loan will be of much help.
View original language description ↓
Doña Luisa P. T., tiene 55 años D. edad, es casada, tiene un hijo, D. lo cual esta a su cargo, se dedica al comercio D. ventas D. panes y D. esa forma ha trabajado diario. Conjuntamente con otras vecinas deciden organizar un grupo para poder incrementar el volumen D. ventas. Son 5 señoras integrantes, las otra señoras se dedican a diversas actividades productivas, tales como: comercio, venta D. panes, la crianza D. animales, bordado D. blusas y ropas típicas. Quieren que su negocio sea rentable por lo que el credito les será D. mucha ayuda.

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
  • 59
    View loans »
    Guatemala Loans Fundraising
  • $8,744,750
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Xoljuyub No. 5 Group's $1,000 loan helped a member working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2010
Listed
Sep 24, 2010
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011