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Chimarchaj 2 Group
In this Group: Maura Francisca, Virgen, Feliciana, Lucia Clara, Santos, Juana Dilma
Maura Francisca is married. She is 27 years old and she finished six years of elementary education. She has five children and three of them are studying. She makes garments to order. She started this work when she was 15 years old and she now has 12 years of experience. She has help from her husband who does the same type of work.

She decided to organize a group in order to solicit a loan that will be used to purchase an industrial sewing machine. With this she can increase her productivity. In the future, she hopes to have a small factory. The other members in the group raise animals, make garments and sell spare parts.
View original language description ↓
La señora Maura Francisca es casada, tiene 27 años D. edad, cursó los 6 años D. educación primaria, tiene 5 hijos 3 D. los cuales estudian, se dedica a la confección D. prenda por encargo, inició este trabajo cuando tenía 15 años y hasta el momento lleva 12 años D. experiencia, cuenta con el apoyo D. su esposo quien se dedica al mismo trabajo.

DeciD. organizar un grupo para poder solicitar un préstamo que lo utilizara para comprar una maquina industrial y D. esa forma incrementar su productividad, en el futuro espera contar con una pequeña maquila. Las demás integrantes se dedican a la crianza D. animales, confección D. prendas y a la venta D. refacciones.

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
  • 80
    View loans »
    Guatemala Loans Fundraising
  • $9,432,050
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Chimarchaj 2 Group's $1,525 loan helped a member purchase an industrial sewing machine.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2011
Listed
Oct 7, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 16, 2012