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Asociacion Barbarense Group
In this Group: Felix , Domingo , Romeo , Rene , Oscar , Santiago , Mateo
Domingo, 57, is married; he completed primary school. He has three children that do not attend school. He’s a farmer who plants and harvests coffee. He started this business with a little capital he’d saved and used to buy his little coffee plants. To date, he has 10 beautiful years’ experience.

He organized a group to request a loan he’ll use to buy fertilizer to fertilize his crops because in future he wants to buy more land to be able to plant more coffee. The other group members work in agricultural activities.
View original language description ↓
El señor Domingo es de estado civil casado, tiene 57 años de edad, curo la primaria completa, tiene 3 hijos y ellos no estudian, el es agricultor se dedica a la siembra y cosecha de café, inició este negocio con un pequeño capital que tenia ahorrado y con eso compro sus plantitas de café y hasta la fecha lleva 10 lindos años de experiencia.

Él dedice organizar un grupo para solicitar un préstamo que lo utilizará para la compra de fertilizante para abonar sus cosechas, ya que en el futuro desea comprar mas terreno para poder plantar más café; los demás integrantes del grupo se dedican a actividades agrícolas.

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
  • 39
    View loans »
    Guatemala Loans Fundraising
  • $8,605,675
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD
Expired
A portion of Asociacion Barbarense Group's $3,125 loan helped a member to buy fertilizer for the coffee crop.
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jun 17, 2013
Listed
Jun 24, 2013
Currency Exchange Loss:
Possible
Expired:
Jul 24, 2013