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Bella Vista 1 Group
In this Group: Byron Rafael, Benita, Migdalia Odeli, Edgar Ernesto, Julio, Rafael, Rafael
Migdalia Odeli is a 36-year-old homemaker who completed her education through the fourth grade. She has three children who are in school. Migdalia makes traditional embroidered blouses. She started out making two blouses and has now gained 10 years of experience in this business.

Migdalia decided to organize a group in order to request a loan for increasing her operating capital. She will buy fabrics and thread in different colors so that she can produce more embroideries. In the future, she hopes to move her business into a shop where she can sell traditional clothing.

Other members of the group engage in trade, sell shoes, manage a general store, build metal structures, and drive public transportation vehicles.

View original language description ↓
Migdalia Odeli es una señora casa, tiene 36 años de edad, cursó los cuatro años de educación primaria, tiene 3 hijos los cuales están estudiando, se dedica al bordado de blusas típicas, inició su negocio con las elaboración de 2 blusas y hasta el momento lleva 10 años de experiencia en este negocio. Decide organizar un grupo para poder solicitar un préstamo que les servirá para ampliar su capital de trabajo, la compra de tela e hilos de diferente colores que les servirá para realizar más bordado. Ya que en el futuro esperan ver su negocio con un local para venta de ropa típica. Los demás integrantes del grupo se dedican al comercio, a la venta de zapatos, atención a tienda de consumo diario, a la estructura metálica y otros como choferes de vehículos.

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
  • 76
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Bella Vista 1 Group's $2,050 loan helped a member to purchase fabrics and thread.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
May 24, 2011
Jun 17, 2011
Currency Exchange Loss:
Apr 15, 2012