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Los Rancheros Group
In this Group: Antonio, Juan, Marcos, Juan
Marcos is married and is 35 years old. He studied three years of elementary school. He has three children who are attending school. He makes garments for a living, specifically the production of pants and t-shirts, a job that he began as a worker in another business. He currently has 10 years of experience. He has the support of his wife who is also engaged in the same work of making clothing.

He organized a group to apply for a loan that will serve them in the purchase of an industrial sewing machine, this with the aim of increasing their production of pants and t-shirts. He hopes to continue working hard and in the future have several machines and workers for greater production.
View original language description ↓
El señor Marcos esta casado, tiene 35 años de edad, cursó los 3 años de educación primaria, tiene 3 hijos quienes están estudiando, El se dedica a la confección de prendas, específicamente la elaboración de pantalones y playeras, trabajo que inició como operario en otro negocio, lleva actualmente 10 años de experiencia, cuenta con el apoyo de su esposa quien se dedica al mismo trabajo de confección.

Organiza un grupo para solicitar un préstamo que les servirá para la compra de una maquina industrial, esto con el fin de incrementar su producción de pantalones y playeras, espera seguir trabajando fuerte y en el futuro tener varias maquinas y trabajadores para mayor producción.

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
  • 94
    View loans »
    Guatemala Loans Fundraising
  • $9,105,075
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Rancheros Group's $850 loan helped a member to buy a sewing machine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 2, 2013
Listed
Feb 13, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 21, 2013