Check out some available loans that are similar to this one!
Caserio Chenihuitz Group
In this Group: Francisca , Marta Livia , Eusebia , Juana , Basilia Calmo , Benita , Francisca , Angelica Maria , Ubalia , Marcela , Juana , Margarita Feliciana
Francisca, 36, is married and has a primary school education. She has six children, two of whom are studying. She works in agriculture. She started this business when she was very young alongside her parents, and she now has 25 years of experience. She has the support of her husband, who also works in agriculture.

She has decided to organize a group and apply for a loan. She will invest this loan in the purchase of farm supplies, such as fertilizer and seeds, among others. In the future, she wishes to have more land so that she can have a variety of crops. The other members of this group also work in agriculture.
View original language description ↓
La señora Francisca de estado civil casada, tiene 36 años de edad, de escolaridad primaria, tiene 6 hijos y 2 de ellos estan estudiando, se dedica a la agricultura, inició este negocio desde muy pequeña con sus padres y hasta la fecha lleva 25 años de experiencia, cuenta con el apoyo de su esposo quien también se dedica a la agricultura.

Decide organizar un grupo y solicitar un préstamo que lo invertirá en la compra de insumos para agricultura, como fertilizante, semillas entre otros, desea en el futuro tener más terreno para poder tener variedad de cosechas. Las demás integrantes del grupo se dedican a la agricultura.

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
  • $9,661,500
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Caserio Chenihuitz Group's $4,875 loan helped a member to buy farm supplies.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 4, 2013
Listed
Aug 24, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 30, 2014