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Flor De Maguey Group
In this Group: Catarina, Isabel, Juana, Maria, Susana, Rosa, Teresa, Ana, Inés
María is a woman of Ethnicity Ixil Maya, she is 43 years old and lost her husband 10 years ago. Her husband fell ill with a stomach illness that could not be determined. Sadly, she says, "if I had credit at that time I had had enough income to take my husband to the hospital," but then she had no access to credit and did not generate revenue. After her husband's death, she had to work to support her 4 children. With big effort she started to improve her situation thanks to weaving and selling fabrics, and that´s how she managed to send her two daughters to school. The oldest one, who is now 17 years old, will graduate this year as an Accountant, which is a credit to her mother since she came through 2nd grade.

María works every day from 4:00 to 9:00 pm, combining 8 hours of weaving with housework. She is so active that she has not only generated income for her and her family, but also employs six poor women in her community.

With her credit María hopes to strengthen her textile business and hire porters to plant corn. She is very happy about having learned how to use credit and having undertaken this business. She does not know what would have happened if she had not access to credit, she is pretty sure she had not been able to educate their daughters. 

Additional Information

About Asociacion Chajulense de Mujeres:

Asociacion Chajulense de Mujeres is a nonprofit organization that serves women of the Ixil and K’iche’ Maya communities in the Quiche region of Guatemala. The nonprofit commercializes the artisanal products created by the members of the organization, and provides a credit and savings program, life insurance policy and investment opportunities for its members.

Kiva’s partnership will allow ACM to expand its credit program, support more women in need and provide a greater number of opportunities to individuals 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

  • $5,300
    Average annual income
  • 122
    View loans »
    Guatemala Loans Fundraising
  • $10,890,300
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Maguey Group's $4,900 loan helped a member to strengthen her textile business and hire porters to plant corn.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 10, 2014
May 27, 2014
Currency Exchange Loss:
May 17, 2015