Check out some available loans that are similar to this one!
Nueva Esperanza 2 Group
In this Group: Esperanza , Rosa Maria , Francisca , Aracely , Virginia , Bacilia , Ana Maria , Rosa , Rosa , Santos
Esperanza is married and has two daughters, a 3 year old and a 3 month old. She strives to help her family financially and to prepare a better future for her daughters. She sells medicines and weaves caps, sweaters, socks and gloves from wool. She works with her hands using a crochet needle, as she has been doing since she was 10 years old.

Esperanza realized she needed to diversify her business to increase sales and therefore increase her income. She then gathered friends she has known for more than 15 years to form a group since she strives to help not only her family but also her village. Each of the ladies from the group is dedicated to a different activity such as selling fruit, raising animals, growing beans and tomatoes among others.
View original language description ↓
Doña Esperanza V. B. D. V., es una señora casada, tiene dos hijas, una nena D. tres años y una bebe D. tres meses esta señora trata D. apoyar económicamente a su familia y prepararle un mejor futuro a sus hijas, ella se dedica a la venta D. medicina como también a confeccionar gorritas, suéteres, escarpines, guantes hechos D. lana trabajado con sus manos utilizando una aguja D. cros he, actividad que ha venido realizando desD. hace más D. 10 años, doña Esperanza se dio cuenta que necesitaba surtir mas su negocio para poder mejorar las ventas y así obtener un poco mas D. ganancias, por lo cual ella reunió a algunas amigas que conocía desD. hace mas D. 15 años para poder conformar un grupo ya que ella trata D. apoyar no solo a su familia si no que también a las personas D. su aldea, el cual cada una D. las señoras se dedican a diferentes actividades tale como: venta D. frutas, crianza D. animales, cultivo D. frijol y tomate entre otros.

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
  • 125
    View loans »
    Guatemala Loans Fundraising
  • $10,855,800
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza 2 Group's $2,125 loan helped a member working capital.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Sep 17, 2010
Sep 24, 2010
Currency Exchange Loss:
Jun 15, 2011