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Mujeres De La Cumbre Group
In this Group: Olga Marina , Juana , Manuela , Ingris Maritza , Maria , Gregoria Dominga , Yolanda Sabina , Rebeca Felipa , Julia Albina , Toribia , Antonia Rosenda , Manuela Odilia
Doña Olga Marina L. S. is married and is 29 years old. She completed six years of primary education. She has three children, one of which is in school. She works to sew blouses and her husband is a blacksmith. She has ten years of experience and has her husband's support.

Doña Olga decided to organize a group to ask for a loan that would allow each of them them to expand their access to working capital. The members of the group are dedicated to various activities such as making and selling blouses, ice cream, a retail store, and animal care. She wants to see her business grow larger and with a variety of designs and styles of blouses.
View original language description ↓
Doña Olga Marina L. S., es casada, tiene veintinueve años D. edad, cursó el sexto año D. educación primaria, tiene 3 hijos D. las cuales 1 esta estudiando, se dedica a la cofección D. blusas, el esposo D. ella es herrero, tiene diez años D. experiencia, cuenta con la ayuda D. su esposo. Doña Olga deciD. organizar un grupo para poder solictar un préstamo que les servira para comprar mas materia prima como: tela, hilo; las integrantes se dedican diversas actividades como: confeccion y venta D. blusas,helados tienda D. consumo, y crianza D. animales, quiere ver su negocio granD. y con variedad D. diseños y estilos D. blusas.

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
  • 129
    View loans »
    Guatemala Loans Fundraising
  • $10,298,025
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De La Cumbre Group's $2,625 loan helped a member purchase of raw materials.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Feb 24, 2011
Mar 4, 2011
Currency Exchange Loss:
Nov 15, 2011