Check out some available loans that are similar to this one!
Las Margaritas De Nimasac Group
In this Group: Francisca, Andrea, Sara, Jesusa, Josefa, Catarina, Catalina, Maria Magdalena, Antonia, Andrea, Toribia Marcela, Andrea
Señora Andrea, age 28, is married. She did not have the opportunity to study. She has three children, two of whom are in elementary school. Andrea weaves traditional clothing. She started off with only a small amount of capital and some loans, and she now has eight years' experience.
She has organized a group to request a loan which she will use for the purchase of threads for knitting and weaving traditional clothing. She hopes to have a big business with employees in the future. Some other group members also weave traditional clothing; others make candles or raise small animals.
View original language description ↓
La señora Andrea es casada, tiene 28 años de edad, no tuvo la oportunidad de estudiar, tiene 3 hijos 2 de los cuales estudian en el nivel primario, se dedica a la tejeduría de cortes típicos de diferentes diseños, inició con un pequeño capital y los prestos nada mas y hasta el momento lleva 8 años de experiencia.

Organiza un grupo para solicitar un préstamo que lo utilizara para la compra de hilos para tricotado y tejidos de cortes típicos, espera ene el futuro contar con un negocio grande y con operarios. Las demás integrantes del grupo se dedican al tejido de cortes típicos, elaboración de candelas y a la crianza de 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

  • $4,155
    Average annual income
  • 66
    View loans »
    Guatemala Loans Fundraising
  • $8,342,350
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Margaritas De Nimasac Group's $3,900 loan helped a member to buy threads for weaving traditional clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2011
Listed
Dec 11, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012