Caserio Yoxaja 2 Group
The activity that Francisca carries out with such pride is banana production in the fertile fields of her community. She has been doing this work for twenty years and it generates a fair amount of money for her family's finances; it is the legacy her father was able to leave her so that she would have a better quality of life in the future.
Francisca will put to use the loan she is requesting by maintaining her banana trees so that they will produce their fruit, which will be taken to the community markets to be sold.
A group of women decided to join together with Francisca in order to maximize the benefits of the land in their community, as it is full of life for producing any type of agricultural products.
Francisca's dream is to plant more banana trees on the fertile lands that she has; she wants to support the environment in this way, and at the same time, reap a financial benefit for her family so that they can become professionals in the future.
La actividad que ella desempeña con tanto orgullo es la producción de banano en los campos fértiles de su comunidad dicho trabajo lo ha venido realizando desde hace 20 años y genera buena ganancia para la economía de su familia ya que es la herencia que su padre le pudo dejar para que ella tenga una calidad de vida mejor en el futuro.
El uso respectivo que doña Francisca le dará al préstamo que ella solicita es para el mantenimiento de banano para que produzcan sus frutos y sean llevados en los mercados de la comunidad para su respectiva venta.
Un grupo de mujeres se decidieron unirse con doña Francisca para poder sacarles el provecho máximo de las tierras de su comunidad ya que está llena de vida para producir cualquier producto agrícola.
Los sueños de ella es la plantación de más banano en las tierras fértiles con que ella cuenta y de esa manera ella quiere apoyar al medio ambiente y así mismo sacar un provecho económico para su familia para que lleguen a profesionales en el futuro.
More information about this loan
About ADICLAADICLA (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.
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Success!! The loan was 100% repaid