Check out some available loans that are similar to this one!
Grupo Pasac Group
In this Group: Domingo , Mateo , Manuel , Manuel , Manuel , Gerardo Borromeo , Juana, Antonia , Maria
Domingo (in the center of the photo with the maroon t-shirt), 42, is married and lives in Sololá. He has six children, two daughters and four sons. One works independently and the rest work in the fields and in the home. He works growing and maintaining maxan leaves (a leaf that is used in Guatemalan cooking to stuff foods - see the background of the photo). He grows this crop naturally, using organic fertilizer and practices that don't put nature at risk. In this way, he is kind to the environment.

He learned this skill alongside his father because it is one of the most common activities in the region. He decided to grow his own crop, first buying a plot of land one kilometer from his home. He has eight years of experience working independently. He sells his product in the local market, and because his income is good, he wants to keep investing money to expand his crop. As the representative of this group, he is applying for a loan to expand his crop, buy organic fertilizer, buy supplies for the next planting, and pay the workers who prepare the soil. His dream is to be able to buy another plot in the future and continue to expand his crop and earn more money for his household. The other members of the group work in the same activity, growing and maintaining maxan leaves. It is one of the main economic activities in the region.
View original language description ↓
Don Domingo (a la mitad con playera de color corinto en la fotografía) un hombre de 42 años de edad el está en unión simple con su esposa y vive en Sololá. El tiene seis hijos de ellos dos mujeres y cuatro varones uno trabaja independiente y los demás trabajan en el campo de la agricultura y en los oficios del hogar.
El se dedica al cultivo y al mantenimiento de la hoja de maxán (hoja que se utiliza en la cocina guatemalteca para empacar alimentos, ver fondo de la fotografía) la labor que le da a este cultivo es natural utilizando fertilizante orgánico y prácticas que no atentan la naturaleza esto le da lugar a ser amigable con el medio ambiente. Aprendió este trabajo junto a su padre porque es una de las actividades que más se realiza en la región.
De esta manara decide realizar su propio cultivo comprando primero una parcela a un kilometro de su vivienda de este modo el tiene 8 años de experiencia trabajando independientemente. El vende su producto en el mercado local viendo que su ganancia es buena y quiere seguir invirtiendo capital para ampliar su cultivo. El como el representante de este grupo solicitando un préstamo para ampliar su cultivo comprando fertilizante orgánico, compra de plantillas para próxima siembra y el pago a trabajadores que preparan la parcela. El sueña que en un futuro pueda comprar otra parcela y seguir ampliando su cultivo y obtener más y mejores ganancias para la economía familiar. Los demás integrantes de este grupo se dedican a esta misma actividad cultivando y dándole el mantenimiento a la hoja de maxán que es una de las principales actividades de la región en la generación de trabajo.

Additional Information

More information about this loan


About ADICLA

ADICLA (Association for the Holistic Development of the Basin of Lake Atitlán) is nonprofit rural community development association that provides small loans and services to improve quality of life in two of the poorest regions of Guatemala, home to large indigenous populations. Kiva funding will be used to support three innovative credit initiatives: youth business loans, green loans, and smaller loans to help ADICLA move down-market and serve poorer clients.

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
  • $8,744,750
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Pasac Group's $5,625 loan helped a member to maintain maxan leaves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 13, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014