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Mujeres Con Propósito Group
In this Group: Sara Noemi , Cristina Veronica , Marta Reynoso , Manuela , Elena
Manuela, 35, is married. She did not have the opportunity to study. She has four children, two of whom are studying. She makes a living buying and selling traditional clothing. She started this business with the moral and physical support of her husband, and she now has 6 years of experience.

She has decided to organize a group and apply for a loan, which will allow her to increase her working capital by buying more merchandise such as traditional skirts, blouses, woven belts, etc. In the future, she would like to have a market stall with a variety of clothing. The other members of the group make a living by running general stores and selling cosmetics.
View original language description ↓
La señora Manuela de estado civil casada, tiene 35 años de edad, no tuvo la oportunidad de estudiar, tiene 4 hijos y de ellos 2 estan estudiando, ella se dedica a la compra y venta de ropa típica, inició este negocio con la ayuda moral y económica de su esposo, y hoy en fecha lleva 6 años de experiencia.

Decide organizar un grupo y solicitar un préstamo que le servirá para apmliar su capital de trabajo comprando mas mercadería como: cortes, guipiles, fajas, etc. en le futuro desea tener un local en el mercado con variedad de ropa; las demás integrantes del grupo se dedican a tienda de consumo diario y a vender cosmétcos.

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
  • 62
    View loans »
    Guatemala Loans Fundraising
  • $9,070,525
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Con Propósito Group's $2,325 loan helped a member to buy merchandise.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2013
Listed
Jun 22, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 30, 2014