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Nueva Vida Group
In this Group: Maria Petrona, Isabel, Maria, Maria Florinda, Lydia, Santos, Maria Fidelina, Maria, Juana Marina, Francisca Elsa
Doña Maria Petrona is the President of the Nueva Vida Group, which in English translates to the ¨New Life Group¨. Maria is 58 years old, married, and has 7 children. Her husband works in agriculture and helps support the family.

Maria would like to use her portion of the group´s loan to purchase more pigs and hens for her animal raising business. She has 12 years experience raising animals and enjoys the work very much. She purchased her first pens and animals with family savings and started her business with a desire to work for herself. She hopes to continue to grow her business and run a much larger farm someday in the future.

Other group members of the Nueva Vida Group are involved in making sweaters and pants, clothing sales, general store management, and animal raising and 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
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $9,897,300
    Funds lent in using Kiva
  • 7.6
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Vida Group's $2,225 loan helped a member purchase more pigs and hens for her farm.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
Apr 28, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012