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Ixoqui'b Ajchac Group
In this Group: Reyna Isabel, Geronima, Teresa, Margarita, Estela, Miriam Marisol, Francisca, Angelica, Lina, Ana Estela, Roberta, Isabel, Romelia, Isabel, Silvia Marina
Francisca P. is married and has 3 children, of which 2 are students. She did not have the opportunity to study, and sells clothing to support herself, and her family. She has done so for the last 18 years. She has organized a communal lending group that will buy merchandise such as sweaters, jackets, shirts, t-shirts with its funds. Other members sell items such as handcrafts and raise farm animals.
View original language description ↓
La señora Francisca P. es casada, tiene 5 años D. edad, no tuvo la oportunidad D. estudiar, tiene 3 hijos 2 D. los cuales estudian, se dedica a la venta D. ropa, inicio este negocios con el propósito D. superar y apoyar a su familia, lleva 18 años D. experiencia.

Organiza un grupo para solicitar un préstamo que le servirá para la compra D. mercadería, sudaderos, suéteres, chumpas, camisas, playeras, etc. espera en el futuro tener un capital amplio. Las demás integrantes se dedican al comercio, la artesanía y a la crianza D. animales.

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

  • $5,300
    Average annual income
  • 100
    View loans »
    Guatemala Loans Fundraising
  • $9,669,775
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Ixoqui'b Ajchac Group's $3,175 loan helped a member to buy merchandise.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2011
Listed
Nov 19, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012