Check out some available loans that are similar to this one!
Florecitas Group
In this Group: Emiliana, Elena Marta, Catarina Magdalena , Maria , Catarina, Antonia , Isabel
Emiliana is a single mother who is 24 years old. She didn’t have the opportunity to attend school. She has two small children. She makes a living in the business of selling new and used clothing and traditional clothing for women in the community market. She started this business with the goal of improving her living conditions and having a stable business. To date she has seven years of experience.

She has organized a group of woman and she is requesting a loan that she will use to buy merchandise which consists of traditional woven skirts, blouses, waist sashes, blankets, etc. She hopes to continue improving her business so that in the future she will have a large business.

The rest of the members of the group also make a living in the business of selling new and used clothing. Two of the people in the photo did not qualify for a loan.
View original language description ↓
La señora Emiliana es madre soltera, tiene 24 años de edad, no tuvo la oportunidad de estudiar, tiene 2 hijos pequeños, se dedica al comercio a la venta de ropa nueva y usada, ropa típica para mujeres en la plaza de comunidad, inicio este negocio con el fin de mejorar su condición de vida y tener un negocio estable, hasta el momento lleva 7 años de experiencia.


Organiza un grupo de señoras y solicita un prestamos que lo utilizara para la compra de mercadería, consistente en cortes, blusas, fajas, sabanas, etc, espera seguir mejorando su negocio, ya que el el futuro tendrá un negocio amplio. Las demás integrantes del grupo se dedica al comercio de ropa nueva y usada también. 2 de las personas en la fotos no calificaron para un crédito.

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
  • 38
    View loans »
    Guatemala Loans Fundraising
  • $8,586,675
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Florecitas Group's $2,950 loan helped a member to buy merchandise such as skirts, blouses, sashes, blankets, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2012
Listed
Jan 10, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014