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Santo Domingo Group
In this Group: Manuela, Luz Maria, Miriam Araceli , Aparicia, Maura, Venancia
Manuela is married, is 45 years old, and has completed three years of primary education. She has two children who are in school. She sells bread and tamales, a business that she started with a little capital that she had. She has nine years of experience with this business, and she has benefitted from the support of her husband, who works in agriculture.

She organized a group to request a loan that she will use to buy bread to sell and corn with which to make tamales. She hopes to continue increasing her sales and her earnings. The rest of the members of the group work in businesses, selling cosmetics, tamales and bread, and corn, as well as work at a store more generally.
View original language description ↓
La señora Manuela esta casada, tiene 45 años de edad, cursó los 3 años de educación primaria, tiene 2 hijos los cuales están estudiando, se dedica a la venta de pan y la venta de tamales, inicio este negocio con un poco de capital que tenis, y hasta el momento lleva 9 años de experiencia, cuanta con el apoyo de su esposo quien se dedica a la agricultura.

Organiza un grupo para poder solicitar un préstamo que lo utilizara para la compra de pan para la venta y maíz para elaborar mas tamales, Espera seguir incrementando su ventas y sus ganancias. Las demás integrantes se dedican al comercio, venta de cosméticos, venta de tamales y panes, venta de maíz y atención a tienda en general.

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
  • 70
    View loans »
    Guatemala Loans Fundraising
  • $9,093,100
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Santo Domingo Group's $2,300 loan helped a member to buy supplies for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2012
Listed
Aug 23, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013