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Maria Nicolasa

Update on Maria Nicolasa

Maria Nicolasa, 45, is married and has 6 children, 5 of whom are in school. She has a business weaving traditional Guatemalan skirts. She has 5 years of experience with this work, having started out working for other people. With the support of her husband she is now expanding her production. For this reason, she is requesting a loan to buy thread that she will use as a raw material for her work. She hopes that with this loan she can improve and grow her business.
View original language description ↓
Doña Maria Nicolasa, es una persona casada, tiene 44 años de edad, cuenta con 6 hijos 5 de los cuales están estudiando, se dedica a la artesanía al tejido de cortes típicos, cuenta con 5 años de experiencia, inicio siendo trabajadora para otras personas y con el apoyo de su esposo, actualmente ampliar su producción, por lo que solicita un préstamo para compra de hilo que le servirá como materia prima para su trabajo, espera que con el préstamo pueda mejorar y crecer su negocio.

Previous Loan Details

Maria Nicolasa V. is 43 years old and married. She has 6 children, 5 of whom are studying. Maria's business is producing handicrafts, weaving traditional skirts. She has 4 years experience in this business, having started out working for other people. She would currently like to capitalize he... More from Maria Nicolasa'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.

About Guatemala

  • $5,300
    Average annual income
  • 72
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Maria Nicolasa to buy thread to weave skirts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2012
Listed
Apr 19, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013
This photo was used before for a previous loan for Maria Nicolasa. It was first posted on Kiva on Mar, 2011. Learn More