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Las Pascuas Group
In this Group: Blanca Estela, Edit Isabel, Carmen Alejandrina, Vicenta, Tiburcia, Tomasa, Cupertina, Rosenda, Esteban, Carmen, Dominga, Margarita, Petrona, Cristina, Juana Ajanel, Gonzala, Amalia
Vicenta is 40 years old and married. She didn't have the opportunity to attend school. She has 12 children, 4 of whom are in school. She sews and also works in commerce as she has a store where she sells basic household products. She started out with just a little capital and now has eight years experience. She has the support of her husband who also works in commerce.

Vicenta decided to form a group so that she could request a loan that would help expand her working capital and enable her to buy more products for her store. She will buy soda, juice, candies, canned food, cereals and other products as she would like to have a large, well-stocked store. The other members of this group work in farming, commerce and handicrafts.
View original language description ↓
La señora Vicenta es casada, tiene 40 años D. edad, no tuvo la oportunidad D. estudiar, tiene 12 hijos 4 D. los cuales están estudiando, se dedica a realizar costuras y al comercio ya que tiene una tienda D. artículos D. consumo diario, inicia contando con un poco D. capital y hasta ahora lleva 8 años D. experiencia, cuenta con al apoyo D. su esposo quien se dedica al comercio.

DeciD. organizar un grupo para poder solicitar un préstamos que le servirá para ampliar su capital D. trabajo, y comprar más producto para la tienda, va a comprar aguas gaseosas, jugos, golosinas, comida en lata, seriales, y entre otros productos, ya que quiere ver su tienda granD. y surtida. Las demás integrantes del grupo se dedican a las actividades: producción agrícola, al comercio y a la artesanía.

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
  • 63
    View loans »
    Guatemala Loans Fundraising
  • $9,068,575
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Pascuas Group's $4,525 loan helped a member to buy more products for her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2011
Listed
Jul 22, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012