Check out some available loans that are similar to this one!
Mujeres De Fe Minerva Group
In this Group: Elda Lilia , Guillermina Leticia , Verzzy Sucell , Jesus Noemi
Elda Lilia, 37, is married and has a 5th grade education. She buys and sells American clothing, and began her business when a friend gave her GTQ 500 worth of clothing to sell. She has been in business for eight years and is supported by her husband who is a metal structure worker.

She has organized a group to request the loan, which she will use to buy American clothing to sell. In the future, she hopes to see her business prosper so she can better help her family. The other members of the group buy and sell clothing as well as daily consumption products.
View original language description ↓
La señora Elda Lilia es casada tiene 37 años de edad, ella curso el 5to. año de educacion primaria, se dedica a la compra y venta de ropa americana; inicio este negocio cuando una amiga le concedio un saldo de Q.500.00 de ropa para que los vendiera. Hasta la fecha lleva 8 años de experiencia en dicho negocio, tambien cuenta con el apoyo de su esposo que se dedica a trabajar en estructuras metálicas.

Organiza un Grupo para solicitasr un prestamo, que lo utilizará para la compra de ropa americana para vender. Ella en el futuro quiere ver su negocio prosperado y asi poder ayudar de mejor manera a su familia. Las demás integrantes de grupo se dedican a la compra y venta de ropa, tambien a la ventas de productos de consumo diario.

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
  • $9,883,175
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De Fe Minerva Group's $1,300 loan helped a member to buy American clothing to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 6, 2013
Listed
Mar 5, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 30, 2014