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Mujeres De Los Riscos Group
In this Group: Leandra Olivia, Gladis Guadalupe, Miriam Floricela*, Maria Demetria, Maria Victoria, Olivia Saara, Miriam Amanda, Maria, Heidi Cristina, Angelica, Vilma Martina
* not pictured
Doña Maria Victoria is 40 years old and a single mother of two. One child is currently studying in school. Maria works a food stall, making and selling atol (a hot corn-based beverage) and chichitos (small corn tamales). She has eight years experience with her business, and she also does some work as a receptionist.

Doña Maria is requesting a loan as part of the Mujeres D. los Riscos Group to purchase ingredients for her food stall. She started her business with a small amount of personal savings and she hopes to grow and one day sell a wiD. variety of meals.

Doña is a member of the communal bank named ¨Mujeres D. los Riscos.¨ When translated into English this mean the ¨Women of the Cliffs.¨ Other members of this group are involved in animal raising, backpack making, food sales and baking.

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
  • 78
    View loans »
    Guatemala Loans Fundraising
  • $9,093,100
    Funds lent in using Kiva
  • 7.6
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De Los Riscos Group's $2,800 loan helped a member to purchase ingredients to make tamales and hot drinks for sale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Apr 19, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012