Check out some available loans that are similar to this one!
New Horizons [Nuevos Horizontes] Group
In this Group: Jacinta Manuela, Maira Antonieta, Santa Florencia, Aracely Feliciana, Federica, Maria Susana, Cecilia , Gloria, Maria Elena, Inocenta, Santos Reyes, Josefina
Mrs. Aracely Feliciana is married, 28 years old, has completed primary school and has 2 children, 1 of whom attends school. She weaves traditional fabrics: napkins, cuts of cloth and sheets. She began this job as a worker, currently has 12 years of experience and also counts on the support of her husband who is in the same line of work.

She has organised a group with the aim of soliciting a loan which will allow them to purchase materials: thread and needlework with various designs and colours. In future she hopes to have enough capital to improve her income. The others in the group work in: weaving, food sales and the sale of beauty products.
View original language description ↓
La señora Aracely Feliciana es casada, tiene 28 años D. edad, cursó los grados D. estudios primarios, tiene 2 hijos 1 D. los cuales estudia, se dedica ala tejeduría D. telas típicas: servilletas, cortes, y sabanas; inició este trabajo como operaria y hasta el momento lleva 12 años D. experiencia, cuenta con el poyo D. su esposo quien se dedica al mismo trabajo.

Organiza un grupo con el fin D. solicitar un préstamo que servirá para la compra D. materiales: hilos y labores D. diferentes diseños y colores, el el futuro espera contar con suficiente capital y mejorar sus ingresos. Las demás integrantes del grupo se dedican: a la tejeduría, venta D. comida, y a la venta D. productos D. belleza.

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
  • 88
    View loans »
    Guatemala Loans Fundraising
  • $8,925,175
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of New Horizons [Nuevos Horizontes] Group's $3,225 loan helped a member purchase thread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2011
Listed
Oct 7, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012