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Canton Plaza Los Cerezales Group
In this Group: Norberto Felipe , Ciriaco , Esteban , Sandy Yanira , Manuela Salvadora , Carolina Maribel , Raymunda , Silvestra Elena , Juan Manuel
Norberto Felipe, 48, is married. He completed third grade. He has two children who do not attend school. He works raising domestic animals and started the business selling with his father in his town’s main square. To date he has 30 years’ experience.

He organizes a group and requests a loan to buy four piglets and feed for them. He’d like to have a large farm in the very near future.

The other group members sell domestic animals.
View original language description ↓
El Señor Norberto Felipe es casado. Tiene 48 años de edad. Curso 3 años de educación primaria. Tiene 2 hijos que no estan estudiando. Se dedica a la crianza de animales domésticos. Inició este negocio vendiendo con su padre en la plaza de su municipio y a la fecha lleva 30 años de experiencia.

Organiza un grupo y solicita un préstamo que le servirá para la compra de 4 cerditos y para concentrado de los mismos. En el futuro muy próximo desea tener una grnaja grande.

Los demás integrantes del grupo se decian a la venta 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.

Tags

About Guatemala

  • $5,300
    Average annual income
  • 72
    View loans »
    Guatemala Loans Fundraising
  • $9,872,275
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Canton Plaza Los Cerezales Group's $3,650 loan helped a member to buy pigs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2013
Listed
Oct 16, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 1, 2014