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Las Brisas Cienega Group
In this Group: Faustina Dominga , Alicia Vicenta , Juliana , Lucia Maria
Faustina Dominga is 26 years old and married. She did not have the opportunity to study at school. She has two young children and makes blouses and has a business. She started in this trade as a machinist and started her own business with a little capital. Thanks to her effort, she now has seven years experience and receives support from her husband who also makes blouses.

Faustina is applying for this loan to buy materials and threads to make typical blouses, which are in demand in the community. In the future she hopes to have a well-established business with its own workers..
View original language description ↓
La señora Faustina Dominga esta casada, tiene 26 años de edad, no tuvo la oportunidad de estudiar en una escuela, tiene 2 hijos pequeños, se dedica a la confección de blusa y al comercio, inicio este trabajo siendo operaria e inicio su propio negocio con un poco de capital, gracias a al esfuerzo que ha hecho lleva 7 años de experiencia, cuenta con el apoyo de su esposo quien también se dedica a la confección de blusas.

Solicita un préstamo que sera invertido para la compra de telas e hilos para la confección de blusas típicas, las cuales tienen demanda en cu comunidad, en el futuro espera tener un negocio posicionado y con trabajadores.

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
  • $9,959,450
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Brisas Cienega Group's $1,650 loan helped a member to buy materials for dressmaking.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014