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Mujeres De Chitocche Group
In this Group: Cipriana , Antonia , Catarina Jertrudis , Francisca , Antonia Miriam , Susana , Sayda Catarina
Cipriana is a single parent and is 35 years old. She never had the chance to go to school. She has 3 children and one of them goes to school. She embroiders guipiles [traditional indigenous blouses] and then sells them. She started this business because she needed to support her children and give them everything she could. To date she has 10 years of experience.

She has decided to organize a group in order to apply for a loan which would enable her to buy cloth and thread so she can embroider the blouses. In the future she would like her capital to be much greater so she can produce more and so improve her income.

The other members of the group work in business and have livestock.
View original language description ↓
La señora Cipriana es madres soltera, edad 35 años, no tuvo la oportunidad de ir a la escuela, tiene 3 hijos y 1 de ellos va a la escuela, borda guipiles y luego los vende, inició este negocio por la necesidad de mantener a sus hijos y darles todo lo que pueda, hasta la fecha lleva 10 años de experiencia.

Decide organizar un grupo para poder solicitar un préstamo que le servirá para la compra de telas e hilo para poder bordar las blusas; en el futuro desea que su capital sea mucho más amplio para poder producir más y asi mejorar sus ingresos, las demás integrantes del grupo se dedican al comercio y actividades pecuarias.

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
  • $9,872,275
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De Chitocche Group's $1,400 loan helped a member to buy cloth to embroider.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
Jun 11, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2014