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Shadai Popol Wuh Group
In this Group: Maria Hortensia, Alicia Ines, Mayra Elizabeth, Guadalupe, Rosa, Tomasa, Lilia Elena
Lilia Elena is single, 26 years of age, and did not have the chance to go to school. She works selling “huipiles” [traditional woven dresses], and started this business thanks to the support of her mother. She has eight years of experience.

Lilia Elena has organized a group to request a loan, which will be used to buy silk thread, crystal thread and mish-style thread of different colors. She hopes to have a stable business with a retail premises in the near future. The group’s other members all work in retail.
View original language description ↓
La señorita Lilia Elena es soltera, tiene 26 años de edad, no tuvo la oportunidad de estudiar, se dedica a la venta de guipiles, inicio este negocio gracias al apoyo de su mamá y hasta el momento lleva 8 años de experiencia.

Organiza un grupo para solicitar un préstamo, que sera utilizado para la compra de hilos de seda, hilo cristal e hilos mish de diferentes colores, espera que en un futuro próximo tener un negocio estable y con un local de venta. Las demás integrantes se dedican al comercio.

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
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Shadai Popol Wuh Group's $1,775 loan helped a member to buy thread.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2013