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Los Comerciantes Uspantan Group
In this Group: Domingo , Diego , Antonieta , Josefina , Cristobal
Antonieta is single, she is 19 years old and completed the six years of primary education. She makes her living selling vegetables. She started this business with the help of her parents, and she has already spent two years working in the business.

She heads a group and is seeking a loan to increase her working capital, buying more vegetables to stock the business. In the future, she hopes that her business will flourish and she wants to have a fixed stall at the municipality market. The other members in the group make their living in sales.
View original language description ↓
La señora Antonieta es soltera. Tiene 19 años de edad. Curso los 6 años de educación primaria. Se dedica a la venta de verduras. Inició este negocio con la ayuda de sus padres ya ha la fecha lleva 2 años de experiencia en el negocio.

Organiza un grupo y solicita un préstamo que lo utilizará para la ampliar su capital de trabajo, comprando mas verduras para surtir el negocio. En el futuro desea que su negocio prospere y quiere tener un puesto fijo en el mercado del municipio.

Los demás integrantes del grupo se dedican al comercio.

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

  • $4,155
    Average annual income
  • 68
    View loans »
    Guatemala Loans Fundraising
  • $9,387,125
    Funds lent in using Kiva
  • 8.0
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Comerciantes Uspantan Group's $2,250 loan helped a member to buy merchandise for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 1, 2013
Listed
Oct 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 2, 2015