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Mujeres Del Éxito Group
In this Group: Martha Fermina , Juana , Mirna Lizbeth , Mayra Yasmín , María Victoria , Herlinda Eugenia , Olivia Esmeralda , Catarina Noemí , Rosenda Victorina , Marta Isabel
Mrs. Martha S., 38, is married and finished 6th grade. She has four children of various ages. The oldest is 16 and the youngest is 6. Her husband makes pants and she sells chicken meat in the market. She has been in business for 10 years since this activity helps her earn profits that she can contribute towards household expenses and her children’s education.

She always dreams with having a large business and with enthusiasm, desire to stand out and with help from some neighbors and fellow church members, the decision to form a group to request a loan was made.

The communal bank is called “MUJERES DEL ÉXITO (Women of Success). The name was chosen by all the members with the thought in mind that having their dreams come true and being successful in their businesses depends on each one of them.

The group has 10 female members who are in a variety of activities among which are: sale of typical costumes, sale of replacement parts, and teaching in neighboring villages.

Martha will use the loan as working capital to increase her profits. She considers that help from this loan will increase his business leading to better personal and family development.
View original language description ↓
Doña Martha S. de treinta y ocho años de edad, casada, curso el sexto grado de primaria, tiene 4 hijos de diferentes edades el mayor de 16 y la mas pequeña de 6 años, su esposo se dedica a la confección de pantalones y ella se dedica al comercio (Venta de carne de pollo) en el mercado y ya tiene 10 años de experiencia en este negocio, ya que esta actividad la ayuda a obtener ganancias para poder colaborar con los gastos de su familia y la educación de sus hijos. Ella siempre sueña con un negocio grande y contando con entusiasmo, deseos de superación y la ayuda de unas vecinas y hermanas de la iglesia, organizan un grupo, para poder solicitar un préstamo. El Banco Comunal se denomina MUJERES DEL ÉXITO, el nombré fue elegido por todas las integrantes con el pensamiento que de ellas depende llegar a cumplir sus sueños y obtener éxito en sus negocios. El grupo cuenta con 10 integrantes mujeres, quienes se dedican a diversas actividades entre ellos podemos mencionar; venta de ropas típicas y Refacciones, en las escuelas de los lugares aledaños. El préstamo doña Martha lo utilizará para capital de trabajo, y de esa forma incrementar sus ganancias y considera que con la ayuda de este crédito aumentara su negocio y obtendrá un mejor desarrollo personal y familiar.

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
  • $9,093,100
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Del Éxito Group's $1,875 loan helped a member to buy chicken.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2010
Listed
Oct 18, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011