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Las Águilas Group
In this Group: Manuela , Manuela , Pascuala , Maria, Maria, Sebastenia, Maria
Manuela is 39 years old. In the photo, she is the second person in the back row, wearing a purple blouse. She has eight children. Her oldest child is an adult and is working at a community health center. The remaining seven children are students.

Manuela earns her income by making and selling traditional clothes (skirts, dresses, and sashes). She started this business 20 years ago because she needed to support her children’s education. Her business is very profitable since all of the women in her community are seen wearing these types of clothes. In addition, she sells in the neighboring communities.

Manuela needs a loan in order to buy supplies (thread in different colors) for making traditional clothes. Her goal is for all of her children to graduate and pursue some type of profession so that they can have homes of their own.
View original language description ↓
Manuela tiene 39 años de edad (aparece en la foto de segundo de la fila de atrás, de izquierda a derecha, viste güipil color morado), tiene 8 hijos, uno es mayor de edad trabaja en el centro de salud de la comunidad y 7 son estudiantes, ella obtiene sus ingresos en la elaboración y venta de ropa típica (cortes, güipiles, fajas) , la necesidad de apoyar a sus hijos en su educación la hizo iniciar este negocio desde hace 20 años, actividad muy rentable ya es lo que visten todas las mujeres de la comunidad donde vive, también sale a vender en las comunidades cercanas, Manuela necesita un crédito para comprar materia prima (hijos de diferentes colores) para la elaboración de ropa típica, la meta de Manuela es que todos sus hijos se gradúen de alguna profesión y que cada uno tenga su propia casa.

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.

Tags

About Guatemala

  • $4,155
    Average annual income
  • 81
    View loans »
    Guatemala Loans Fundraising
  • $8,895,550
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Las Águilas Group's $1,825 loan helped a member to buy supplies for making traditional clothes.
73% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2014
Listed
Jul 26, 2014
Currency Exchange Loss:
Possible