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Las Tejedoras De Choabaj Group
In this Group: Rosalina, María, Tomasa, Juana, María Imelda, Micaela
For 12 years the people who live in Chichiscatenango have enjoyed buying the most brightly coloured traditional clothing from the home of Doña Maria. Maria is 38 years old and single. In the photo she is the first from the left.

Her home is full of the noise made by her two children, who are under the age of majority, and with the voices of people who stop by to make purchases from her. They choose her because of the variety of colours they can find and the selection of clothes she offers at all prices and in many different sizes.

She has so many customers shopping at her home that the space at her home is already too small for the business. As a result, she has decided to join a women's group that shares her same drive to succeed in business so that she can search for a spacious storefront from which to sell her outfits. It is for this reason that she is requesting a loan in order to purchase threads and other materials. She will be able to continue following her dreams as a businesswoman and as the breadwinner for her family.
View original language description ↓
Durante 12 años la gente que vive en Chichiscatenango ha gustado de buena compra de ropa típica adornada con los más vivos colores en casa de doña María, soltera y de 38 años ( en la foto primera de la izquierda).

Su hogar se llena del ruido de sus dos hijos menores de edad y con la bulla de la gente que llega a comprar con doña María, hay para que escoger por la variedad de colores y ropa de todo precio y tamaño.

Es tanta la gente que llega a comprarle que el espacio en su domicilio ya es demasiado pequeño para el negocio. Por lo tanto ha decidido integrarse a un grupo de mujeres con el mismo impulso comercial de buscar un amplio mercado para sus trajes.

Razón por la cual ha solicitado un crédito para la compra de hilos y otros materiales, así poder seguir manteniendo sus sueños como negociante y sostenedora 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.

Tags

About Guatemala

  • $5,300
    Average annual income
  • 97
    View loans »
    Guatemala Loans Fundraising
  • $9,658,675
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Tejedoras De Choabaj Group's $2,075 loan helped a member to buy threads and other materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2014
Listed
Aug 5, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2015