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Tuisacpon Group
In this Group: Herminia , Viviana , Florinda , Cristina , Victoria , Tereza , Tereza , Clementina Lucrecia , Catalina , Gloria
Herminia is 29 years old, she attended school up to the second year of secondary education and she is a single mother of 2 children who are not of schooling age. She is a craftswoman and she engages in weaving huipiles (traditional blouses); she has started this activity with her mother and she can count on a 10-years’ experience.

She has organized a group and she is requesting a loan that she will use to buy thread to weave huipiles. She wishes for her activity to grow in the future, in order to be able to count on her own working capital. The other members of the group engage in handicrafts, agriculture and retail.
View original language description ↓
La señora Herminia es madre soltera, tiene 29 años de edad, curso el segundo año de educacion secundaria, tiene 2 hijos que aún no estudian; ella se dedica a la artesanía, especifícamente a tejer guipiles, inició este negocio con su madre y hasta la fecha lleva 10 años de experiencia.

Organiza un grupo y solicita un préstamo que lo va a utilizar para comprar hilos para tejer guipiles, en el futuro quiere que su negocio crezca y contar con su propio capital; las demás integrantes del grupo se dedican a la artesanía, agricultura 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
  • 73
    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 Tuisacpon Group's $2,325 loan helped a member to buy thread.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2013
Listed
Apr 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 2, 2015