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Choestancia Group
In this Group: Elia, Santos Paulina, Maria Magdalena, Florinda, Sandra, Olgar Leonel
Florinda is married, 31 years old, and finished 3 years of primary education. She has three children of whom two are studying. She makes a living raising of animals. She started this business with small capital and so far it has been 8 years. She has the support of her husband who makes a living in commerce.

She organized a group to apply for a loan, which she will use for the purchase of chicken for fattening, and thus have a good profits when these animals are grown. She hopes to have a good business and better profits. The other members make a living doing crafts, trade and animal breeding.
View original language description ↓
La señora Florinda esta casada, tiene 31 años de edad, cursó los 3 años de educación primaria, tiene 3 hijos 2 de los cuales están estudiando, se dedica a la crianza de animales, inicio este negocio con capital pequeño y hasta el momento lleva 8 años de experiencia, cuenta con el apoyo de su esposo quien se dedica al comercio.

Organiza un grupo para poder solicitar un préstamo que lo utilizara, para la compra de pollo de engorde, y así tener una buenas ganancias cuando estos animales hallan crecido, espera en el futuro tener un negocio superado y con mejores ganancias. Los demás integrantes se dedican a la artesanía, comercio 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
  • 63
    View loans »
    Guatemala Loans Fundraising
  • $9,068,575
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Choestancia Group's $2,325 loan helped a member to buy animals for breeding.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013