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Chuija Group
In this Group: Magdalena , Isaias , Rosa , Juan Pedro , Cesar Agustin

Update on Chuija Group

Magdalena is married and is 37 years old. She did not have the opportunity to study. She has four children, one of whom is studying. She is dedicated to making ponchos.
View original language description ↓
La señora Magdalena es casada, tiene 37 años de edad, no tuvo la oportunidad de estudiar, tiene 4 hijos 1 de los cuales esta estudiando, se dedica ala producción de ponchos,

Previous Loan Details

Magdalena, 36, knows how to read and write. She has four children one of whom is studying. She weaves textiles and manufactures shirts. She started out working in an assembly plant and to date has 10 years experience. She decided to put together a group to request a loan from ASDIR because ... More from Chuija Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 73
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Chuija Group's $1,950 loan helped a member to purchase fabric to make ponchos.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2012
Listed
Mar 4, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012
This photo was used before for a previous loan for Chuija Group. It was first posted on Kiva on May, 2011. Learn More