Check out some available loans that are similar to this one!
Xoconilaj Group
In this Group: Abel Elias , Julio , Raul , Oscar Humberto , Enrrique Lazaro
Abel Elias is 27 years old and single. He completed six years of primary school. He is engaged in business and started with a small amount of money that he had saved. To date, he has seven year of experience and has his family’s help. He organized a group and is requesting a loan to purchase merchandise such as toothpaste, light bulbs, padlocks, and other items. In the future, he wishes to have a business site in the department where he can sell wholesale. The other members of the group are engaged in business.
View original language description ↓
El señor Abel Elias es soltero, tiene 27 años de edad de escolaridad 6to. primaria, se dedica al comercio, inició este negocio con un pequeño capital que tenia de ahorro y hasta la fecha lleva 7 años de experiencia. Cuenta con el apoyo de su familia.

Organiza un grupo y solicita un préstamo que lo utilizará para la cpmpra de merdacería como: pastas dentales, focos, candados, entre otras cosas, en el futuro desea tener un local en el departamento donde pueda vender por mayor; los demás integrantes del grupo de dedican 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

  • $4,155
    Average annual income
  • 60
    View loans »
    Guatemala Loans Fundraising
  • $8,798,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Xoconilaj Group's $1,550 loan helped a member to purchase merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 19, 2013
Listed
Jun 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 2, 2015