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Pacaman Group
In this Group: Miriam Marisol , Ana Estela , Diego Macario , Maximo , Modesta
Diego Macario, age 24, is single. He sells dry-goods. He started this business with the support of his parents, and he now has eight years of experience. He has his family’s support.

He decided to organize a group and request a loan. He will use the loan to buy goods like hairpins, earrings, and bracelets, among others. In the near future he wishes to have increased capital, and he wants his business to prosper day to day.

The other members of the group work in commerce, handicrafts, and with livestock.
View original language description ↓
El señor Diego Macario es de estado civil soltero, cuenta con 24 años de edad, se dedica al comercio, venta de mercerias, inició este negocio con el apoyo de sus padres y hasta el momento lleva 8 años de experiencia. Cuenta con el apoyo de su familia.

Decide organizar un grupo y solicitar un préstamo que lo utilizará para la compra de mercadería como: ganchos, aretes, pulseras, entre otros, en el futuro muy cercano desea tener un capital amplio y que su negocio prospere día con día; los demás integrantes del grupo se dedican al comercio, artesanía y pecuario.

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.

Tags

About Guatemala

  • $4,155
    Average annual income
  • 62
    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 Pacaman Group's $1,600 loan helped a member to buy dry-goods.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 20, 2014