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El Progreso Group
In this Group: Reynaldo , Juan , Isaias , Andres , Israel , Andres , Apolinario
Reynaldo is 31 years old and is married. He had six years of primary education and he has five children, three of whom are in school now. He makes his living in agriculture planting green beans. He started the business with his father and now has seven years of experience.

He organized a group and is requesting a loan that he will use to buy supplies for green bean production. In the future he hopes to be able to diversify his crop to be able to make a better income.

The other members of the group make their living planting green beans and cabbage.
View original language description ↓
El señor Reynaldo es casado, cuenta con 31 años de edad, estudio los 6 años de educación primaria, tiene 5 hijos y de ellos 3 estan estudiando, se dedica a la agricultura, siembra ejotes, inició este negocio con su señor padre y hasta el momento lleva 7 años de experiencia.

Organiza un grupo y solicita un préstamo que lo utilizará para la compra de insumos para la producción de ejotes, espera en el futuro poder diversificar la siembra para obtener mejores ingresos. Los demás integrantes del grupo se dedican a la siembra de ejote y repollo.

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

  • $5,300
    Average annual income
  • 72
    View loans »
    Guatemala Loans Fundraising
  • $9,637,050
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD