Check out some available loans that are similar to this one!
San Antonio Group
In this Group: Crecencia Margarita, Sebastiana, Maria, Santa, Micaela, Magdalena, Magdalena
Crecencia Margarita is married, 39 years old, and completed 3 years of elementary school. She has 3 children, 1 of whom is in school. She dedicates herself to handicrafts, making embroidered blouses. She started her business sewing blouses and now has 6 years of experience with the embroidery. She counts on the support of her husband, who is a construction worker.

She organized a group to be able to request a loan to buy raw materials such as silk thread, different types of fabric, and to improve her production of embroidered blouses. She hopes to expand her business and wants a large enterprise in the future. The other members of the group dedicate themselves, in general, to raising farm animals, clothing production, embroidery and shop keeping.
View original language description ↓
La señora Crecencia Margarita es casada, tiene, 39 años de edad, cursó los 3 años de educación primaria, tiene 3 hijos de los cuales 1 estudia, se dedica a la artesanía a la elaboración de bordados en blusas, empezó su negocio, costurando blusas y ahora con el bordados lleva 6 años de experiencia, cuenta con el apoyo de su esposo quien se dedica a la construcción de vivienda.

Organiza un grupo para poder solicitar un préstamo que lo utilizara para la compra de materia prima, consistente en hilos de alta seda y telas de diferentes clases y mejorar su producción de blusas con bordado. Espera mejorar su negocio y quiere una empresa en el futuro las demás integrantes del grupo se dedican a la crianza de animales, confección de prendas, elaboración de bordados, y a la atención a tienda en general

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
  • 36
    View loans »
    Guatemala Loans Fundraising
  • $8,586,675
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of San Antonio Group's $1,775 loan helped a member buy silk threads for embroidery.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2011
Listed
Feb 1, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012