Check out some available loans that are similar to this one!
Mujeres De Choxbajan Dos Group
In this Group: Irma , Veronica , Fidelia , Herlinda , Juana , Mauricia , Heriberta , Rosa , Ofelia , Norma Elizabeth
Irma is 23 years old, married and has 3 years of primary education. She has 2 children, who are not in school. She sells natural medicine. She started this business out of a need to get ahead financially and so far she has 7 years' experience. She has her husband's support; he is a merchant.

She is a group organizer and she is asking for a loan which she will use to increase her working capital, buying more natural medicine to sell. In the future, she wants to have more capital so she can improve her income. The other members of the group work as merchants.
View original language description ↓
La señora Irma de estado civil casada, tiene 23 años de edad, curso 3 años de educación primaria, tiene 2 hijos que no estan estudiando, ella se dedica a la venta de medicina natural, inició este negocio por la necesidad de superarse económicamente y hasta la fecha lleva 7 años de experiencia; cuenta con el apoyo de su esposo quien es comerciante.

Organiza un grupo y solicita un préstamo que lo utilizará para ampliar su capital de trabajo, comprando mas medicina natural para la venta, en el futuro desea tener un capital mas amplio para poder mejorar sus ingresos económicos; las demás integrantes del grupo se 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
  • 40
    View loans »
    Guatemala Loans Fundraising
  • $8,598,975
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres De Choxbajan Dos Group's $4,400 loan helped a member to buy and sell natural medicine.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2014