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Superacion Group
In this Group: Rosa Francisca , Paula Ajín , María , Santos Estebana , Gregoria Mercedes , Catarina , Santa , Sara Noemí , Obispa Susana , Juana Romelia , Juliana
Doña Rosa P., age 20, is a single mother with a sixth graD. education. She has a five year old daughter and earns her living by manufacturing sweatshirts. Rosa has years of experience in this business because she has been working since she was a young girl. With the income she earns, she is able to cover her personal expenses and that of her daughter. Rosa is solely in charge of the expenses because she does not receive any financial support from the father of her daughter. Next year her daughter will enroll in school, so her expenses will increase. She dreams of having a large business so that her daughter can get ahead. With enthusiasm, the desire to succeed, and the help of a cousin and her neighbors, Rosa organized a group for the purpose of requesting a loan.


This Communal Bank is called “Superación” (To Overcome), a name that was selected by all of the members with the belief that they can overcome with inner personal strength and the support of their families. The group consists of eleven women who are engaged in different business activities such as raising animals, manufacturing cooking utensils, weaving napkins, making clothes, and selling daily consumer products. Rosa will use her loan to buy fabrics so that she can increase her production and generate more income. Her dream is to grow her business, but she lacks the capital to do so. She believes this loan will help her accomplish her goals, allowing her to achieve personal development and help her daughter grow.

View original language description ↓
Doña Rosa P., es madre soltera, tiene veinticinco años D. edad, curso el sexto grado D. primaria, tiene 1 hija D. cinco años, ella se dedica a la confección D. Sudaderos, ya que cuenta con años D. experiencia porque desD. pequeña se dedicaba a esta actividad y con los ingresos, cubre sus gastos personales y la D. su hija, tomando en cuenta que sola ella es la encargada D. los gastos, porque no recibe ninguna ayuda económica del papá D. la niña. El próximo año su hija ingresaría a la escuela del paraje, por lo tanto se le estaría aumentando los gastos y ella sueña con un negocio granD. para salir adelante con su hija. Contando con entusiasmo, deseos D. superación y la ayuda D. una prima y vecinas organizan un grupo, para poder solicitar un crédito. El Banco Comunal se denomina SUPERACIÓN, el nombré fue elegido por todas las integrantes, con el pensamiento D. que D. ellas depenD. la superación personal y familiar. El grupo cuenta con 11 integrantes mujeres, quienes se dedican a diversas actividades entre ellos podemos mencionar; la crianza D. animales, elaboración D. utensilios D. cocina, tejido D. servilletas, confección D. prendas D. vestir y venta D. consumo diario. El crédito ella lo utilizará para compra D. telas, y D. esa forma incrementar su Producción y así generar más ingresos. Ya que el sueño D. ella es que su negocio crezca, pero por falta D. capital no ha podido, y considera que con este crédito la ayudara aumentar su negocio y generara mas ingresos para su desarrollo personal y la D. su hija.

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
  • 61
    View loans »
    Guatemala Loans Fundraising
  • $9,385,550
    Funds lent in using Kiva
  • 8.1
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Superacion Group's $1,600 loan helped a member operating capital to buy fabrics.
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