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Las Margaritas De Nimasac 2 Group
In this Group: Jesusa, Catarina, Maria Magdalena, Santa Criciliana, Isabel
Catarina is married and is 45 years old. She didn’t have the opportunity to attend school. She works weaving traditional skirts. She started this business with tied and knitted threads and, as a weaver, she has 15 years of experience. She has the support of her husband who works in the production of textiles.

She organized a group of women and they are requesting a loan that will be used for the purchase of threads of various colors and sample fabrics in order to improve their productions of textiles. In the future she hopes to have several workers and to have a large business. The other members work in agriculture and livestock and in weaving.
View original language description ↓
La señora Catarina esta casada, tiene 45 años de edad, no tuvo la oportunidad de estudiar, se dedica a la tejeduría de cortes típicos, inicio este negocio con amarrado de hilos y tricotados, y como tejedora, lleva 15 años de experiencia, cuenta con el apoyo de su esposo quien se dedica a la confección de tejidos.

Organiza grupos de señora y solicitan un préstamo que les servirá para la compra de hilos de varios colores y telas de nuestra, para mejorar su producción de tejidos, espera en el futuro contar con varios trabajadores, y tener un negocio amplio. Las demás integrantes se dedican a actividades agropecuarias, y a la tejeduría.

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
  • 74
    View loans »
    Guatemala Loans Fundraising
  • $9,883,175
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Margaritas De Nimasac 2 Group's $1,750 loan helped a member to buy fabric and thread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2012
Listed
Jan 21, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013