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Damas Unidas Group
In this Group: Dora Liseth , Aracely Marisol , Yocilin Rubitt , Francisca , Narcisa
Dora Liseth is 22 years old and is a single mother to her young son. She was only able to complete three years of high school, but she works very hard to support her son by operating a cosmetics sales business. She sells her products through catalogs, and started her business three years ago while helping a friend in a similar endeavor.

The "Damas Unidas" (United Women) group pictured above came together with the common goal of supporting each other's business endeavors and leveraging the opportunities of a loan to grow and strengthen their respective businesses. In Dora Liseth's case, she plans to use the support from this loan to purchase health and beauty merchandise to stock her business and fill client orders. The other group members make a living selling cosmetics, selling clothing, operating a convenience store and making and selling tortillas.
View original language description ↓
La señora Dora Liseth es madre soltera, tiene 22 años de edad, curso 3 años de educacion secundaria, tiene 1 hijo que aun no estudia, se dedica a la venta de cosméticos por catálogos, inició este negocio ayudando a una amiga a vender productos y a la fecha lleva 3 años de experiencia, cuenta con el apoyo de su familia.

Organiza un grupo y solicita un préstamo que lo utilizará para ampliar su capital de trabajo comprando mercadería variada para poder satisfacer las necesidades de sus clientas, desea en el futuro contar con capital propio y tener una tienda de productos de belleza. Las demás integrantes del grupo se dedican a la venta de cosméticos, venta de ropa, tienda de artículos de consumo diario y venta de tortillas

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.

Tags

About Guatemala

  • $5,300
    Average annual income
  • 97
    View loans »
    Guatemala Loans Fundraising
  • $9,667,175
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Damas Unidas Group's $1,675 loan helped a member to purchase cosmetics for resale at her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 7, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 30, 2014