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Jóvenes Del Cambio Group
In this Group: Olga Maria , Vilma Noemí , Matilde
Olga (standing in the middle in the photograph) is twenty-four years old. She is single and lives in Sololá together with her parents and siblings. She makes a living in manufacturing typical feminine clothing that are worn in her community. She learned this trade from her mother when she was a young girl. She uses half the day to work and make the clothing and the other half of the day to study.

Thanks to her own effort and that of her parents, she was able to finish her studies in school. However, the lack of employment opportunities is widepread. Because of this, she decided to take up this work independently, in order to be able to contribute to the economy and development of her family.

She has been manufacturing clothing for one year, and sees that her profits are good. Currently, she wants to invest more capital in order to make better products.

She is the representative that took the initiative to form this group of young women who are now requesting a loan to grow their businesses. She wants to buy threads of different colors and different qualities.

The other members are the two women on either side of her in the photo. One of them also manufactures women's clothing, and the other has a business raising chickens. They also will use part of this loan for their own businesses.

They have a goal of continuing to invest and to have larger businesses in the future with better incomes for their families.
View original language description ↓
Olga (a la mitad de la fotografía) una señorita de 24 años de edad soltera y vive en Sololá junto a sus padres y sus hermanos.
Ella se dedica a la fabricación de prendas típicas femeninas que utilizan en su comunidad. Este trabajo lo aprendió de su madre desde niña ya que utilizaba la mitad del día para trabajar elaborando estas prendas y la otra mitad era para estudiar.
Ahora gracias al esfuerzo de sus padres y el de ella pudo terminar una carrera académica en la escuela por lo tanto la falta de oportunidades de empleo es muy paca de este modo decide realizar este trabajo independientemente para poder aportar a la economía y el desarrollo de su familia.
Tiene un año de fabricar estas prendas viendo que sus ganancias son buenas, ahora quiere invertir más capital para fabricar mejores productos.
Ella es la representante y la que tomo la iniciativa de formar este grupo de señoritas solicitando un préstamo para ampliar sus negocios ella quiere comprar hilos de diferentes colores y de diferente calidad.
Las otras integrantes (las dos de cada lado de la fotografía) una de ellas también fabrica prendas típicas femeninas y la otra integrante tiene una crianza de pollos ellas también utilizaran una parte de este crédito y ampliar sus negocios.
Ellas tienen una meta de seguir invirtiendo y tener un negocio más grande en un futuro teniendo mejores ingresos para sus familias.

Additional Information

More information about this loan

ADICLA's youth entrepreneurship loans allow young people without prior credit histories to borrow in groups, an opportunity that is not offered by many other microfinance institutions in Guatemala. The loans will be used to help them start small businesses.


ADICLA (Association for the Holistic Development of the Basin of Lake Atitlán) is nonprofit rural community development association that provides small loans and services to improve quality of life in two of the poorest regions of Guatemala, home to large indigenous populations. Kiva funding will be used to support three innovative credit initiatives: youth business loans, green loans, and smaller loans to help ADICLA move down-market and serve poorer clients.

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
  • 133
    View loans »
    Guatemala Loans Fundraising
  • $10,890,300
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Jóvenes Del Cambio Group's $1,325 loan helped a member to buy materials for the manufacture of typical feminine clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 26, 2012
Dec 27, 2012
Currency Exchange Loss:
May 18, 2014