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Virgen Patziteca Group
In this Group: Maria , Candelaria , Rosa Catarina , Maria , Ana, Martina , Catarina , Ana , Isabel Adelayda *
* not pictured
Maria is a single woman who is 35 years old. She has one year of primary education and has four children, of whom two are in school. She makes a living as a merchant, particularly in the buying and selling of traditional clothing from the region. She began this business selling used clothing from door to door. She now has ten years of experience in this business. She also has been able to rely on the support of her husband who also is a merchant.

She joined a group to request a loan that she will use to buy merchandise including traditional woven clothing, shorts, aprons, etc. In the future she hopes that her business will grow. She hopes to have a creditable locale in her department. The rest of the members of the group also sell traditional clothing and raise domesticated animals.

One of the members of the group could not attend the meeting when they took the photo and it is for this reason that the photograph only shows eight members.
View original language description ↓
La señora Maria de estado civil soltera, cuenta con 35 años de edad, curso 1 año de educacion primaria, tiene 4 hijos y 2 de ellos estan estudiando, ella se dedica al comercio, específicamente a la compra y venta de ropa típica de la región. Inició este negocio vendiendo ropa usada de casa en casa y hasta la fecha lleva 10 años de experiencia. También cuenta con el apoyo de su esposo quien se dedica al comercio.

Organiza un grupo y solicita un préstamo que lo utilizará para comprar mas mercadería para la venta tales como: guipiles, cortes, delantales, etc. En el futuro quiere que su negocio crezca, desea tener un local acreditable en el departamento; las demás integrantes del grupo se dedican a vender ropa tipica y a la crinaza de animales domésticos.

Una de las integrantes del grupo no pudo asistir a la reunion cuando tomaron la foto, es por esa razón que en la fotografía solo figuran 8 integrantes.

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 Virgen Patziteca Group's $2,525 loan helped a member to buy and sell traditional clothing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014