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Bugambilias San Pablo Group
In this Group: Maria Flora , Ignacia Domitila , Rosa Maria , Maria Elena , Ovidia Herminia , Ignacia
Ignacia Domitila is 52 years old. She has a primary school education and is a single mother with one son. She works selling clothing, and started her business by purchasing a small amount of merchandise and now has ten years of experience.

She has decided to start a group and is applying for a loan that will be used to purchase more merchandise to increase her stock for sale as well as her profits. In the future, she would like to see her business thrive. The other members of her group earn their livings selling clothing and grinding cornmeal for tortillas.
View original language description ↓
La señora Ignacia Domitila es madre soltera, tiene 52 años de edad, su escolaridad es primaria, tiene 1 hijo, ella se dedica a la venta de ropa, inició este negocio comprando poca mercadería y hasta la fecha lleva 10 años de experiencia.

Decide organizar un grupo y solicita un préstamo que lo utilizará para la compra de más mercadería y asi poder surtir su venta y generar mayor ganancia, en el futuro quiere ver su negocio prospero; las demás integrantes del grupo se dedican a la venta de ropa y molino de nixtamal.

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
  • 59
    View loans »
    Guatemala Loans Fundraising
  • $8,744,750
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Bugambilias San Pablo Group's $1,600 loan helped a member to buy and sell clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jun 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 30, 2014