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Artesanas De Xecojom Group
In this Group: Juliana, Santiaga, Feliciana Elias, Tomasa Ixcayau, Rosa Magdalena, Veronica Maribel, Santos Ofelia, Josefa, Olga Martina, Maria Angela, Julia
Juliana is 40 years old, married, and has seven children. Six of her children are currently in school. Juliana works in clothing sales as well as in animal raising. Her husband helps support her family with his work as a merchant. She has been working in clothing sales for over 5 years.

Juliana is requesting a loan as part of the Artesanas D. Xecojom Group (The Artisans of Xecojom) to purchase more clothing to sell in the market. She started her business selling socks and other small clothing items. She hopes to expand her business with the help of this loan and increase her sales.

The other members of the Artesanas D. Xecojom Group are involved in the following businesses: basket weaving, animal raising, clothing sales, fruit stands, and everyday consumer goods sales.

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
  • 79
    View loans »
    Guatemala Loans Fundraising
  • $9,928,425
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Artesanas De Xecojom Group's $1,750 loan helped a member to purchase clothing for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2011
Listed
Mar 2, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011