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Pacanquim Group
In this Group: Nicolas, Maria, Bonifacia, Calixta, Juan, Lauro, Margarita
Lauro is 54 years old, and he is married. He has three years of an elementary school education. He has five children, and none of them go to school.

He raises animals, a business he started by raising and fattening chickens. So far he has ten years of experience. His wife, who devotes herself to the household chores, helps him.

He organized a group and requested a loan, which he will use to buy pigs to raise. When they are big, he will sell them for a better price. In the future he hopes to have a farm with domestic animals.

The other members raise animals, knot threads, and work in stores.
View original language description ↓
El señor Lauro esta casado, tiene 54 años de edad, cursó los 3 años de educacion primaria, tiene 5 hijos, de los cuales ninguno estudia, se dedica al comercio y a la crianza de animales, inicio este negocio con la crianza de pollo de engorde, y hasta el momento lleva 10 años de experiencia, cuenta con el apoyo de su esposa quien se dedica a los oficios domésticos.

Organiza un grupo y solicitan préstamo que lo utilizara para la compra de cerdos para crianza y cuando sean grandes, venderlos a un mejor precio, en el futuro espera contar con una gran ja de animales domésticos. Los demás integrantes se dedican a la crianza de animales, amarrada de hilos, y atención a una tienda.

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
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Pacanquim Group's $1,800 loan helped a member to buy pigs to raise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2012
Listed
Oct 12, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 21, 2013