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Sector El Progreso Group
In this Group: Candelaria, Rosa, Felipa, Roxana Angelina
Candelaria is 26 years old, single, and completed three years of 'educación primaria' (school for children aged 7-14). Her business is producing yarn for weaving. She started this business with her mother and has six years experience.

Candelaria set up a group to request a loan. She will buy 'hilos de mish' (6-ply rayon thread with a silk-like shine) to make weaving yarn. She hopes to continue improving in her work and to own her own loom for weaving traditional textiles. The other members of the group make baskets and weave sheets.

*One of the women in the photo did not quality for the loan.
View original language description ↓
La señora Candelaria esta soltera, tiene 26 años de edad, curso los 3 años de educacion primaria, se dedica a la elaboración de tricotado de hilos para tejidos, inicio este negocio con su señora madre, y hasta el momento lleva 6 años de experiencia.

Organiza un grupo para solicitar un préstamo que lo utilizara para la compra de hilos de mish, y elaborar tricotado para tejidos, espera seguir mejorando su trabajo y tener su propio telar para tejer cortes típicos. Las demás integrantes se dedican a la elaboración de canastas, y tejido de sabanas. una de la integrantes en la fotos no califico para el préstamo.

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
  • 62
    View loans »
    Guatemala Loans Fundraising
  • $8,801,150
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Sector El Progreso Group's $650 loan helped a member to buy thread.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2012
Listed
Oct 2, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 18, 2013