Check out some available loans that are similar to this one!
Paxboch Group
In this Group: Santos Margarita , Rosa , Ofelia , Norma Esperanza , Silvia Victoria , Edina Noemi , Ana Celia , Isabel , Santos Tomasa , Julia Catarina
Santos Margarita is 52 years old and married. She never had the opportunity to study. She has six children, none of whom goes to school. She raises domestic animals such as chickens, pigs, etc. She first started this business by raising laying hens, and so far she has gotten seven years' worth of experience. She gets help from her husband who works in a sawmill.
She organized a communal bank in order to request a loan which she'll use to purchase pigs for raising. She hopes to own a farm with several domestic animals of various kinds. The other members of the communal bank raise animals and sell clothing.
View original language description ↓
La señora Santos Margarita esta casada, tiene 52 años de edad, no tuvo la oportunidad de estudiar, tiene 6 hijos de los cuales ninguno estudia, se dedica a la crianza de animales domésticos, gallinas, cerdos y otros, inició este trabajo con la crianza de gallinas ponedoras y hasta el momento lleva 7 años de experiencia, cuenta con al apoyo de su esposo que se dedica al aserradero.

Organiza un grupo para poder solicitar un préstamo que lo utilizara para la compra de cerdos para crianza, espera contar con una granja de muchos animales domésticos de varias clases. Las demás integrantes se dedican a la crianza de animales y a la venta de ropa.

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
  • 96
    View loans »
    Guatemala Loans Fundraising
  • $9,667,175
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Paxboch Group's $2,975 loan helped a member to purchase pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2012
Listed
Dec 4, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013