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Anonymous Group
In this Group: Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous, Anonymous
For the borrower's privacy, this loan has become anonymous. Lenders to this loan can sign in to view complete details Learn More
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Additional Information

About ADICLA

ADICLA (Association for the Holistic Development of the Basin of Lake Atitlán) is nonprofit rural community development association that provides small loans and services to improve quality of life in two of the poorest regions of Guatemala, home to large indigenous populations. Kiva funding will be used to support three innovative credit initiatives: youth business loans, green loans, and smaller loans to help ADICLA move down-market and serve poorer clients.

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

  • $4,155
    Average annual income
  • 100
    View loans »
    Guatemala Loans Fundraising
  • $9,101,050
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD
Paying Back - Delinquent
A portion of Anonymous Group's $4,600 loan helped a member to maintain and purchase banana tree seeds.
79% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 9, 2013
Listed
Aug 30, 2013
Currency Exchange Loss:
Covered