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Las Cruces Group
In this Group: Nilda Marisel, Evangelina Andres, Maria Tomasa, Reina Maria , Ester
Nilda Marisel S. G. is married, 35 years old, and studied up to the second year of elementary school. She has 5 children, 3 of whom are studying.

Nilda is a housewife and her husband works as a laborer. Nilda requires her loan to buy chickens that she can fatten and then sell. With this in mind, she decided to get together some friends and neighbors to create a group so that they could request a loan to use as working capital. The members of this group carry out a range of business activities such as selling chickens, raising chickens and raising pigs. They hope that through their loans they will improve their living conditions and no longer remain itinerant as they have been up until now.
View original language description ↓
Doña Nilda Marisel S. G., es casada, tiene 35 años D. edad, cursó el segundo grado D. educación primaria, tiene 5 hijos 3 D. los cuales estan estudiando, ella es ama D. casa, su esposo se dedica como jornalero, quiere ampliar su credito para criar y vender a pollos D. engorD.. Por esta razon decidio reunir a otra compañeras vecinas para formar un grupo y D. esa manera solicitar un prestamos para utilizarlo como capital D. trabajo,las integrantes D. este grupo se dedican a diversas actividades produtivas como son: venta D. pollos, crianza D. pollos y la crianza D. marranos. Esperan que con dicho prestamos mejoren su condicion D. vida y no ser ambulantes como hasta ahora.

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
  • 90
    View loans »
    Guatemala Loans Fundraising
  • $9,860,025
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Cruces Group's $925 loan helped a member capital for raising chickens.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 15, 2011
Listed
Feb 18, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011