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Chuaxic Central 1 Group
In this Group: Maria , Lucia , Juana , Estela , Zoila , Juana Martina
Thirty-three year old Maria is married and did not have the opportunity to study. She has six children, four of whom are in education. She has a business selling ice-creams and vegetables. Having started this business with only a little money, she now has nine years experience and her business is going well. She receives support from her husband who works in agriculture.

Maria is organising a group of women that is applying for a loan to be invested in expanding their business, as well as in buying ice-creams and vegetables that will be sold on. In the future, Maria hopes to have a bigger business with higher profits.
View original language description ↓
La señora Maria esta casada, tiene 33 años de edad, no tuvo la oportunidad de estudiar, tiene 6 hijos de los cuales 4 están estudiando, se dedica al comercio a la venta de helados y la venta de verduras, inicio este negocio con poco capital y hasta el momento lleva 9 años de experiencia, y le ha resultado bien en su negocio, cuenta con al apoyo de su esposo quien se dedica a la agricultura.

Organiza un grupo de mujeres y solicitan un préstamo que sera invertido para la ampliación de su negocio tanto para la compra de helados y la compra de verduras para la venta, espera en el futuro tener un negocio amplio y con mejores ganancias.

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
  • 65
    View loans »
    Guatemala Loans Fundraising
  • $8,342,350
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Chuaxic Central 1 Group's $2,200 loan helped a member to buy goods to sell on.
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