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La Lima Iv Group
In this Group: Andrea , Enrique , Fabiana , Noel , Jovina , Felix Tomas
Sr. Enrique is 42 years old, married, and completed primary school. He has two children, who are not in school. He works in agriculture as a coffee farmer. He got his start in the business by helping his father, and he now has 20 years of experience.

He organizes the group and is requesting a loan to buy fertilizer for coffee production. In the future, he would like to have more capital and harvest more coffee in order to boost his income.

The other members of the group are also coffee farmers.
View original language description ↓
El señor Enrique de estad civil casado. De edad 42 años. De escolaridad Primaria Completa. Tiene 2 hijos y no estan estudiando. Se dedica a la agricultura, a la cosecha de café. Inició este negocio ayudando a su padre y a la fecha lleva 20 años de experiencia.

Organiza un grupo y solicita un préstamo que lo utilizara para la compra de fertilizante para la produccion de café. Desea en el futuro contar com más capital y tener mejores cosechas para aumentar sus ingresos.

Los demás integrantes del grupo se dedican al cultivo de café.

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
  • 99
    View loans »
    Guatemala Loans Fundraising
  • $9,108,125
    Funds lent in using Kiva
  • 7.7
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of La Lima Iv Group's $2,575 loan helped a member to buy fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 4, 2014
Listed
Mar 20, 2014
Currency Exchange Loss:
Possible
Ended:
May 28, 2015