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Choxbajan Tres Group
In this Group: Aura Marina, Bartola, Angela, Francisca, Ana, Reyna Elizabet, Juan Antonio, Sandra
Aura Marina is married. She is 32 years old and attended primary school through the 4th grade. She has 5 children, 2 of whom are in school. She makes plastic baskets. She started this business with little capital and has 6 years of experience thus far. She has the support of her husband who works in sales. She organized a group and they are requesting a loan that that will be used to purchase materials, consisting of plastic strips and tubes, in order to increase production of plastic baskets. In the future she hopes to have plenty of capital. The other members of the group work in handicrafts and sales.
View original language description ↓
La señora Aura Marina esta casada, tiene 32 años de edad, curso los 4 años de educacion primaria, tiene 5 hijos 2 de los cuales están estudiando, se dedica a la elaboración de canasta de plásticos, inicio este negocio teniendo poco capital y hasta ahora cuenta con 6 años de experiencia, cuenta con el apoyo de su esposo quien se dedica al comercio.

Organiza un grupo y solicitan un préstamo que lo utilizaran para la compra de materiales, consistente en cintas y venas de plásticos y aumentar el volumen de producción de canastas de plástico, espera en el futuro tener capital amplio. Las demás integrantes se dedican a la artesanía y 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

  • $5,300
    Average annual income
  • 97
    View loans »
    Guatemala Loans Fundraising
  • $9,667,175
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Choxbajan Tres Group's $1,650 loan helped a member to purchase plastic tubes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2013