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Eben-Ezer Group
In this Group: Cruz, Vicenta , María , Diega , Cecilia
Cruz is a married woman, 48 years old, who lives with her husband and their nine children in Sololá department. Currently Cruz is the representative of the Eben-Ezer communal bank. In the photo, she is the first one on the right.

She is a hard-working woman who strives for her family's well-being. At present, she makes traditional clothing, which is used by the women in her region. She chose this activity because it is profitable and the earnings are good. In this way she can help her husband with the family's expenses.

She says that she has been doing this work for 17 years, and so far it has been quite productive. This is why she has decided to form a group of women, with the aim of improving the finances of their families. So now they are requesting a loan to buy thread and jaspeado (thread dyed to look like jasper or marble) which will be used in the making of the traditional clothing.

Her dream is to expand her traditional clothing business in order to generate more earnings. This way she can provide a quality education for her children, and also improve her family's living conditions.
View original language description ↓
Doña Cruz es una señora casada de 46 años de edad, quien vive junto a su esposo y sus nueve hijos en el Departamento de Sololá. Actualmente doña Cruz es la representante del Grupo Eben-Ezer, ella es la primera que se encuentra ubicada en la parte derecha de la fotografía.

Ella es una mujer trabajadora que lucha por el bienestar de su familia. Actualmente se dedica a la elaboración de ropa típica, que es utilizado por las mujeres de su región. Eligió esta actividad porque es rentable y se obtienen buenas ganancias, es como de esta manera puede ayudar a su esposo con los gastos de su familia.

Comenta que lleva 17 años en esta labor, que hasta el momento ha sido bastante productiva. Es por ello que ha decidido conformar un grupo de mujeres con el propósito de mejorar la economía de sus familias. Por lo que ahora están solicitando un préstamo para la compra de hilos y jaspeado (hilo teñido) que servirá para la elaboración de la ropa típica.

Su sueño es ampliar su negocio de ropa típica para generar más ganancias y de esta manera darles una educación de calidad a sus hijos, como también mejorar las condiciones de vida de su familia.

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.

About Guatemala

  • $4,155
    Average annual income
  • 64
    View loans »
    Guatemala Loans Fundraising
  • $8,744,750
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Eben-Ezer Group's $1,225 loan helped a member to buy thread and jaspeado (dyed thread) for making traditional clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 29, 2013
Listed
Nov 30, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014