Check out some available loans that are similar to this one!
La Cruz Group
In this Group: Blanca Leticia , Olimpia Amparo , Edna Magnolia , Herlinda , Manuela , Maribel , Virginia , Eugenia Maribel *, Micaela , Alvara
* not pictured
Blanca Leticia is married. She is 22 years old. She did not have the opportunity to study. She has three children, none of them students. She works in the craft of typical weavings of blouses and textiles. She began this business with a relative and up until now she has seven years experience. She has the support of her husband who works in masonry and painting houses.

She has organized a group and is asking for a loan to help buy yarn of various types and colors, in order to increase production of textiles and typical blouses. She hopes to continue expanding her business and to be able to export her production to other places. The other members work in crafts, textiles, and commerce.
View original language description ↓
La señora Blanca Leticia esta casada, tiene 22 años de edad, no tuvo la oportunidad de estudiar, tiene 3 hijos de los cuales ninguno esta estudiando, se dedica a ala artesanía al tejido de cortes y guipiles típicos, inicio este negocio con un familiar y hasta el momento lleva 7 años de experiencia, cuenta con el apoyo de su esposo quien se dedica a la albañilería y a la pintada de casas.

Organiza un grupo y solicitan un prestamos que les servirá para la compra de hilos de varias clases y colores, para incrementar su producción de cortes y guipiles. Espera seguir incrementando su negocio y poder exportar su producción a otros lugares. Las demás integrantes se dedican a la artesanía, al tejido 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

  • $5,300
    Average annual income
  • 76
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of La Cruz Group's $1,450 loan helped a member to buy yarns of different types and colors to make typical weavings of textiles and blouses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2013
Listed
Feb 4, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013