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Flor De San Antonio Group
In this Group: Elvira Lucia, Teodora Catarina, Rosa, Julia, Maria, Cristina Sebastiana, Ana
Elvira Lucia is married and is 52 years old. She has a 5th graD. education, and has 4 children, none of whom are in school. She works in livestock raising domesticated animals, particularly pigs. She started out raising layer chickens, and she has the support of her husband in this work.

She decided to organize a group to request a loan that will allow her to increase her working capital. She is going to buy pigs to raise; when they grow she will be able to sell them and recoup her investment. She wants to have a small farm. The other members of this group have different businesses, including: raising animals, making garments and selling clothing.
View original language description ↓
La señora Elvira Lucia es casada, tiene 52 años D. edad, a cursado los 5 años D. educación primaria, tiene 4 hijos y ninguno está estudiando, se dedica a las actividades pecuarias, a la crianza D. animales domésticos, específicamente a la crianza D. cerdos, inicia este trabajo criando pollos ponedoras, cuenta con el apoyo D. su esposo en el trabajo que realiza.

DeciD. organiza un grupo para poder solicitar un préstamo que le servirá para ampliar su capital D. trabajo, va a comprar as cerdos para crianza, y cuando estos crezcan los pueda vender y pueda recuperar su inversión. Ya que quiere contar con una pequeña granja. Las demás integrantes del grupo se dedican a diferentes actividades: crianza D. animales, confección D. prendas, y a la venta D. ropa.

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
  • 44
    View loans »
    Guatemala Loans Fundraising
  • $8,586,675
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De San Antonio Group's $2,500 loan helped a member to buy pigs to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 1, 2011
Listed
Jul 24, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012