Check out some available loans that are similar to this one!
San Francisco Zona 4 Group
In this Group: Aura Marina , Nancy Paola , Gloria Otilia , Teresa Rossana , Florinda Francisca
Aura Marina, 53, is married and has a sixth grade education. Five of her six children are adults and one is still in school. She started her catering business when she decided to become independent after working as a cook. She has 26 years' experience in the sector and receives support from her husband.

Aura Marina has organized a group to request a loan that she will use to buy food supplies since she has several orders to fill. She will buy sugar, corn, oil, rice, beans, eggs and other cooking supplies. In the near future she would like to have a well-appointed shop to generate more income. The other members of the group are involved in catering, tortilla sales and clothing sales.
View original language description ↓
La señora Aura Marina es casada, cuenta con 53 años de edad, curso los 6 años de educación primaria, tiene 6 hijos y ni 1 estudia porque ya todos son mayores de edad, se dedica a la venta de comidas y refacciones, inició este negocio trabajando de cocinera pero ahora decidió ser independiente y tener su propio negocio, hasta la fecha lleva 26 años de experiencia en el ramo. También cuenta con el apoyo de su esposo.

Organiza un grupo para poder solicitar un préstamo que lo utilizará para la compra de insumos para preparar alimentos ya que tiene varios pedidos, ella comprara lo que es azucar, maíz, aceite, arroz, frijol, huevos y otros insumos que utiliza en la cocina, en el futuro cercano desea tener otro local bien acreditado para poder generar mas ingresos; las demás integrantes del grupo se dedican a la venta de comida, venta de tortillas y venta de ropa.

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
  • 54
    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 San Francisco Zona 4 Group's $1,875 loan helped a member to buy food supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2013
Listed
Jun 28, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 2, 2015