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Mujeres Emprendedoras Group
In this Group: Juana , Juliana , Vicenta , Carmelina , Maria Dolores , Noemi Dominga , Rosa Maria , Felipa , Faustina , Santos Juliana
Doña Vicenta L. L. is 55 and married. She never had the opportunity to study. She has 6 children, none of whom are in school. She takes care of the house and also raises farmyard animals. She has raised pigs and chickens for 6 years, starting her business with just chickens. She wants to increase her working capital, and for this reason she decided to organize a group with the goal of requesting a loan. That way she can purchase more pigs and chickens, and increase her production. The other members of the communal bank do a variety of different work, including raising animals, selling kitchen utensils, selling firewood, and running a store selling basic goods. They hope to improve their businesses and their quality of life with the loan they are requesting.
View original language description ↓
Doña Vicenta L. L., es casada, tine 55 años D. edad, no tuvo la oportunidad D. estudiar, tiene 6 hijos D. los cuales ninguno esta estudiando, se dedica a oficios D. casa y tambien a la crianza D. animales domésticos como lo es, la crianza D. cerdos y las crianza D. gallina, lleva 6 años con este trabajo, inició su negocio criando gallinas y quiere ampliar su capital D. trabajo.

Por esta razón deciD. organizar un grupo con el fin D. solicitar un préstamo que servirá para comprar cerdos y gallinas y D. esta manera incrementar su producción. Las demas integrantes del banco se dedica a diversas actividades economicas como son: crianza D. animales, ventas D. trastes D. cocina, venta D. leña, y una D. ellas cuenta con una tienda D. consumo diario. Esperan mejorar su negocio y su condición D. vida con el préstamo que estan haciendo.

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
  • 54
    View loans »
    Guatemala Loans Fundraising
  • $9,379,275
    Funds lent in using Kiva
  • 7.6
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras Group's $2,125 loan helped a member to purchase pigs and chickens.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
May 12, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012