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Santa Cecilia Group
In this Group: Candelaria, Juana, Maria, Juana Lidia, Maria, Rosa, Francisca, Maria, Roselia Concepcion, Florinda, Francisca, Catarina, Juana, Rosario, Catarina
Candelaria is 52 years old and married. She did not have the opportunity to go to school. She has 12 children, 2 of which are currently in school.

She works making and selling traditional clothing. She started this business with the help of her children and husband, and has been in operation for 10 years. Her husband also helps by doing odd jobs all around the area where they live.

Candelaria has organized a group in order to ask for a loan to buy thread and traditional materials to make suits that will sell frequently. She hopes someday to have a shop to sell the traditional suits that she makes, and increase her sales to help her husband. The women of this group are all in the same line of work.
View original language description ↓
La señora Candelaria esta casada, tiene 52 años de edad, no tuvo la oportunidad de estudiar, tiene 12 hijos de los cuales 2 están estudiando, de dedica a la elaboración y venta de ropa típica, inicio este negocio gracias al apoyo de sus hijos y de su esposo, y hasta el momento lleva 10 años de experiencia, cuenta con el apoyo de su esposo quien se dedica a realizar diferentes tareas en los diferentes hogares, cercano a donde vive.

Organiza un grupo para poder solicitar un préstamo que lo utilizara para la compra de hilos y telas típicas, para la elaboración de trajes adecuados para la venta que realiza frecuentemente, ella espera tener un local de venta para los trajes típicos que elabora, y mejorar sus ingresos para apoyar a su esposo. Las demás integrantes del grupo se dedica al mismo trabajo.

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
  • 61
    View loans »
    Guatemala Loans Fundraising
  • $9,070,500
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Cecilia Group's $3,400 loan helped a member to buy thread and traditional materials.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013