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Guadalupana 3Ro. Group
In this Group: Lorenza , Juana , Maria Lourdes, Regina Encarnacion , Maria Gisela , Antonia , Maria Elena , Margarita
Lorenza is 53 years old, married, and has four children, one of whom attends school. She did not have the opportunity to attend school herself. She knits typical clothing by hand, such as guipiles, started this business with her mother, and now has 25 years’ experience.

She is a member of a group and is asking for a loan so she can buy thread and fabric so she can make typical regional guipiles. In the future she wants to grow her business and hire employees to produce more.

The other members of the group knit and raise domesticated animals.
View original language description ↓
La señora Lorenza es casada. De 53 años de edad. No tuvo la oportunidad de estudiar. Tiene 4 hijos y de ellos 1 está estudiando. Se dedica a la elaboracion de tejidos típicos como cortes y guipiles hechos a mano. Inició este negocio con su madre y hasta la fecha lleva 25 años de experiencia.

Organiza un grupo y solicita un préstamo que lo utilizará para la compra de hilos y tela para tejer cortes y guipiles tipicos de la region. En el futuro desea que su negocio crezca y contar con empleados para producir por mayor.

Las demás integrantes del grupo se dedican a la elaboracion de tejidos y a la crianza de animales domésticos.

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
  • 45
    View loans »
    Guatemala Loans Fundraising
  • $8,586,675
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Guadalupana 3Ro. Group's $2,575 loan helped a member to buy thread and fabric.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2013
Listed
Oct 10, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 30, 2014