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Las Rancheritas Group
In this Group: Maria Elvira, Santos Isabel, Maria Magdalena, Alicia Yohana, Catarina Florinda
María Elvira, 29, is married. She completed the six grades of elementary school. She has four children attending school. She is a clothes maker. She started this work with a simple machine and now has six years’ experience.

She organizes a group to request a loan that she’ll use to buy a sewing machine and improve her textiles. In the future she’d like to own several machines to improve production. The other members sew clothes and raise animals.
View original language description ↓
La señora Maria Elvira es casada, tiene 29 años de edad, cursó los 6 años de educación primaria, tiene 4 hijos los cuales estudian, se dedica a la confección de ropa, inició este trabajo siendo costurera con una maquina simple y hasta ahora lleva 6 años de experiencia.

Organiza un grupo para solicitar un préstamo que lo utilizara para la compra de una maquina para costura, y mejorar su producción de tejidos, en el futuro espera contar con varias maquinas para mejorar su producción .
Las demás integrantes se dedica a la confección de ropa 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
  • 64
    View loans »
    Guatemala Loans Fundraising
  • $8,338,450
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Rancheritas Group's $1,425 loan helped a member to buy a machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2012
Listed
May 2, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013