Check out some available loans that are similar to this one!
Los Exitosos Group
In this Group: Mauricio , Faustino, Alberto Macario , Santiago, Filomena
Mr. Mauricio V. C. is married and has four children. He finished fifth grade. His children are still in his care. One of his sons raises domestic animals like cattle and pigs; he’s had this business for 15 years now. With much enthusiasm and support from several neighbors they got together to form a group to request a loan. The group is called “Los Exitosos” (The Successful Ones).

It has five members who are involved in a variety of activities among which we can mention the following: raising animals, grocery store, shoe repairs.

The loan will be used to buy domestic animals to raise for subsequent sale thus increasing sales volume. One of the difficulties of being a business owner is the lack of capital but, with help from his children, he has managed to get ahead and he hopes his business will be larger and more productive with help from the loan he’s asking from ASDIR.
View original language description ↓
Don Mauricio V. C., es casado, tiene cuatro hijos, ha cursado el quinto grado de primaria, siguen a su cargo, uno de sus hijos se dedica a la crianza de animales domésticos tales como ganado porcino y Vacuno, tiene 15 años ya con este negocio. Contando con entusiasmo y la ayuda de algunos vecinos y una vecina organizan un grupo, para poder solicitar un préstamo. El Grupo Solidario se denomina Los Exitosos, El grupo cuenta con cinco integrantes: quienes se dedican a diversas actividades entre ellos podemos mencionar,: la crianza de animales, Servicio tienda de consumo diario y reparación de calzados. El préstamo el lo utilizará para compra de animales domésticos para sus crianza y su venta y así incrementar el volumen de ventas. Una de las dificultades de ser el dueño del negocio ha sido la falta del capital, pero ha salido adelante con la ayuda de sus hijos y espera que su negocio sea más grande y productivo. Con la ayuda del crédito que solicita en ASDIR.

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
  • 68
    View loans »
    Guatemala Loans Fundraising
  • $8,754,075
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Exitosos Group's $1,400 loan helped a member to buy domestic animals.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2010
Listed
Jan 11, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2011