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Mujeres Trabajadoras De Piol Group
In this Group: Maria , Josefa , Juana , Rosenda , Fabiana , Leticia , Amalia , Eluvia , Roselia , Candelaria , Romelia , Florinda , Aurelia
Candelaria, married, is 27 years old, has a sixth-grade education, has two children, and one of them in in school. She sells vegetables; she started this business by helping her mother, and later inherited the business. To date, she has 10 years of experience. She has her husband's support; he is a businessman.

She organized a group and decided to request a loan that will serve to increase her capital because she has demand and is not able to catch up enough to stock up her business. In the future, she wants to have plenty of her own capital to be able help with her home finances. The other members of the group work in farming, handicrafts, and selling. In the photo, there are 15 people, but only 13 of them received the loan.
View original language description ↓
La señora Candelaria de estado civil unida de hecho, tiene 27 años de edad, de escolaridad 6to. primaria, tiene 2 hijos y 1 de ellos esta estudiando, ella se dedica a vender verduras, inició este negocio ayudando a su madre y luego ella heredo este negocio, hasta la fecha lleva 10 años de experiencia. Cuenta con el apoyo de su esposo quien se dedica al comrcio.

Ella organiza a un grupo y decide solicitar un préstamo que le servirá para ampliar su capital, ya que tiene demanda y ya no le alcanza para surtir su negocio, en el futuro desea tener su propio capital y grande para poder ayudar a la economía de su hogar; las demás integrantes del grupo se dedican a agricultura, artesanía y comercio. En la fotografía estan 15 personas pero solo a 13 de ellas se les concedió el préstamo.

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
  • 98
    View loans »
    Guatemala Loans Fundraising
  • $9,136,050
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Trabajadoras De Piol Group's $3,975 loan helped a member buy and sell vegetables.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 2, 2015