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Aldea Nimasac Group
In this Group: Isabel Osorio , Juana , Catarina Juana , María , Ana , Antonia , María , María Victoriana , Juana , Francisca Victoriana , María Rosario , Ana
Doña Isabel Osorio, age 43, did not have the opportunity to attend school. She has six children, two of whom are grown while the remaining four are minors. Her husband manufactures traditional clothing while she raises animals. Isabel has plenty of experience with her business and is able to generate income to cover her children’s educational expenses. With enthusiasm, the desire to succeed, and the help of some neighbors, Isabel was able to organize a group for the purpose of requesting a loan.


This Communal Bank is called “Aldea Nimasac”, a name selected by all of the members which happens to be the name of their neighborhood. The group consists of twelve women who are engaged in different business activities such as raising animals, making candles, manufacturing traditional clothing, and selling daily consumer goods. Isabel will use her loan to buy pigs and chickens so that she can increase her production and generate more income. Her greatest wish is to grow her business, but due to a lack of capital, she is not able to do so. With this loan, she believes she will be able to accomplish her goals.

View original language description ↓
Doña Isabel Osorio D. cuarenta y tres años D. edad, ella no tuvo la oportunidad D. asistir a la escuela, tiene 6 hijos dos mayores D. edad y cuatro menores, su esposo se dedica al tejido D. cortes típicos y ella a la Crianza D. Animales, ya que cuenta con mucha experiencia en esta actividad, y D. esta forma obtiene ganancias para poder colaborar con los gastos educativos D. sus hijos. Contando con entusiasmo, deseos D. superación y la ayuda D. unas vecinas, organizaron un grupo, para poder solicitar un préstamo. El Banco Comunal se denomina ALDEA NIMASAC, el nombré fue elegido por todas las integrantes, llevando el nombre D. la aldea. El grupo cuenta con 12 integrantes mujeres, quienes se dedican a diversas actividades entre ellos podemos mencionar; la crianza D. animales, elaboración D. candelas, tejido D. cortes típicos y venta D. consumo diario. El préstamo ella lo utilizará para compra D. Cerdos y aves, y D. esa forma incrementar su Producción y así generar más ingresos. Ya que ella anhela que su producción crezca, pero por falta D. capital, no ha podido, y considera que con este crédito crecerá su producción y aumentarán sus ganancias.

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
  • 58
    View loans »
    Guatemala Loans Fundraising
  • $8,320,750
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Aldea Nimasac Group's $1,875 loan helped a member operating capital to acquire pigs & chickens.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2010
Listed
Oct 31, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2011