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Copaleras Group
In this Group: Priscila , Francisca , Maria , Irma , Rosa
Priscila is single and 41 years old. She has studied six years of secondary school. She has four children and two of them are studying. She works making huipiles (traditional garment worn by indigenous women). She began this business helping her mother and now has 25 years of experience.

She organized the group and is requesting the loan which she will use to purchase threads to make traditional huipiles. In the future, she would like to have employees in order to produce more huipiles and sell wholesale. The other group member also work weaving huipiles. In the photograph, there are six people shown, but only five of them have been granted the loan.
View original language description ↓
La señora Priscila de estado civil soltera tiene 41 años de edad, curso los 6 años de educación secundaria, tiene 4 hijos y 2 de ellos estan estudiando, ella se dedica a elaboracion de guipiles tipicos, inició este negocio ayudando a su madre y hasta el momento lleva 25 gandes años de experiencia.

Organiza un grupo y solicita un préstamo que lo utilizará para la compra de hilos para elaborar guipiles típicos, en el futuro desea tener operarios para producir mas guipiles y vender por mayor, las demás integrantes del grupo se dedican a tejer guipiles. En la fotografia aparecen 6 personas, pero solamente se le concedió el credito a 5 de ellas.

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

  • $4,155
    Average annual income
  • 59
    View loans »
    Guatemala Loans Fundraising
  • $8,744,750
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Copaleras Group's $1,675 loan helped a member to purchase threads for weaving.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Apr 25, 2013
Listed
May 27, 2013
Currency Exchange Loss:
Possible
Ended:
May 19, 2014