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Nuevos Orizontes De Jutacaj Group
In this Group: Maria Nicolasa , Carmen , Marta Alicia , Modesta , Bonifacia Matilde
Maria Nicolasa is married (common-law) and is 48 years old. She didn't have the opportunity to go to school, but has 6 children who are in school. She works raising farm animals. In this case, she buys baby pigs to raise and then sell. She started this business after inheriting it from her parents and has been doing it for 15 years. She has great support from her husband, who is also an entrepreneur.

This group is organized to ask for a loan to be used to buy 4 piglets and concentrated feed for them. In the future she hopes to have a large farm with other domestic animals. The other members of the group also work raising animals.
View original language description ↓
La señora Maria Nicolasa es de estado civil casada, tiene 48 años de edad, no tuvo la oportunidad de estudiar, tiene 6 hijos que no estan estudiando, ella se dedica a crianza de animales domesticos en este caso compra cerditos para criarlos y despues venderlos, inició este negocio por herencia de sus padres y hasta el momento lleva 15 años de dichos a experiencia; ella cuenta con el gran apoyo de su esposo quien es comerciante.

Organiza un grupo para solicitar un préstamo que lo utilizará para comprar 4 cerditos y concentrado para ellos, en el futuro desea tener una granja grande con otros animales dómesticos, las demás integrantes del grupo se dedican también a la crianza de animales.

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
  • 81
    View loans »
    Guatemala Loans Fundraising
  • $9,928,425
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevos Orizontes De Jutacaj Group's $1,100 loan helped a member buy piglets.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2013
Listed
May 26, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014