Check out some available loans that are similar to this one!
Quinos De Chutzorop Group
In this Group: Sebastiana , Maria , Manuela , Manuela , Petronila , Tomasa Crecencia , Sebastiana , Juana , Josefa , Sebastiana
Sebastiana is single and 26 years old. She makes traditional hand-embroidered garments, a business she started four years ago with her family's help. She organized a group to apply for a loan, which she will use to buy thread to fulfill orders for her hand-embroidered garments, since she lacks sufficient capital. She hopes to see her business grow over time and to be able to offer different styles of garments. The other members of her communal bank make handcrafted items.
View original language description ↓
La señora Sebastiana de estado civil soltera, tiene 26 años de edad, se dedica a la elaboracion de guipiles, inició este negocio con el apoyo de su familia y hasta la fecha lleva 4 años de experiencia.

Decide organizar un grupo para solicitar un préstamo que lo utilizará para la compra de hilos para poder tejer guipiles ya que actualmente tiene varios pedidos y el capital con que cuenta ya no le es suficiente, en el futuro queire que su negocio sea grande y poder ofrecer varidad de estilos en guipiles; las demás integrantes del grupo se dedican a artesanía.

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
  • 116
    View loans »
    Guatemala Loans Fundraising
  • $10,315,200
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Quinos De Chutzorop Group's $2,450 loan helped a member to buy thread to make traditional cloths.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Apr 26, 2013
May 26, 2013
Currency Exchange Loss:
Jan 18, 2014