Check out some available loans that are similar to this one!
Las Zutujiles Group
In this Group: Socorro Ignacia , Petronila , Angela Magdalena , Irma Isabel , Clara Lucia , Dina Patricia , Luz De Maria , Lucia Braulia , Delmi Isabel
Socorro Ignacia is married and 48. She finished fifth grade and has seven children, three of whom are students. She makes handicrafts and traditional blouses. She was a sewing machine operator for another business before she started her own successful business 11 years ago. Her husband, who is a bricklayer, is supportive.

She organized a communal bank and applied for a loan that will be used to buy the fabric and thread needed to increase her traditional blouse production, since she expects the business to prosper. The other members are merchants and make handicrafts.
View original language description ↓
La señora Socorro Ignacia esta casada, tiene 48 años de edad, cursó los 5 años de educación primaria, tiene 7 hijos de los cuales estudian 3, se dedica a la artesanía, a la confección de blusas típicas, inicio este negocio siendo operaria para otro negocio, ha tenido éxito, hasta el momento lleva 11 años de experiencia, cuenta con el apoyo de su esposo quien se dedica a la albañilería.

Organiza un grupo y hace la solicitud de un préstamo que sera utilizado para compra de telas e hilos, las cuales son necesaria para la ampliación de su producción de blusas típicas, ya que en el futuro espera tener un negocio prospero. Las demás integrantes se dedica 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

  • $4,155
    Average annual income
  • 64
    View loans »
    Guatemala Loans Fundraising
  • $9,085,550
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Zutujiles Group's $2,450 loan helped a member to buy fabric to sew.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2014