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Nuevo Amanecer Group
In this Group: Rosario, Cruza Vilma, Paulina Luciana, Maria Isabel, Alberta Carmelita, Maria Tiguila, Rosa, Maria Camiliana, Abelina, Maria Albertina
Señora Rosario is married, she is 46 years old and she completed 4 years of primary education. She has 3 children, 1 of whom is studying for a degree. She works in a store, where she has 10 years experience. She relies on the support of her husband who works in tailoring.

She decided to form a group to apply for a loan which she will use to buy more products for the shop she works in, such as soap, sugar, canned goods, soft drinks, oats, noodles etc. In the future she hopes her business will be bigger and more diverse.

The other members make their living working in a general store, breeding domestic animals and weaving traditional blankets.
View original language description ↓
La señora Rosario es casada, tiene 46 años D. edad, cursó los 4 años D. educación primaria, tiene 3 hijos, 1 D. los cuales estudia una carrera, se dedica al comercio, lo cual ya lleva 10 años D. experiencia, cuenta con el apoyo D. su esposo quien se dedica a la confección.

DeciD. organizar un grupo para poder solicitar un préstamo que lo utilizará para la compra D. mas producto para la tienda que atienD., jabón, A.úcar, productos enlatados, aguas gaseosas, avena, fideos etc. En el futuro espera ver su negocio granD. y más surtido. Las demás integrantes se dedica a la atención a tienda en general, crianza D. animales doméstiC. y a la tejeduría D. sabanas típicas.

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
  • 61
    View loans »
    Guatemala Loans Fundraising
  • $8,830,375
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Amanecer Group's $2,800 loan helped a member to buy merchandise for the shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 10, 2011
Listed
Sep 13, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012