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Las Estrellas Numero Uno Group
In this Group: Ricarda , Esperanza , Angelica Marina , Josefa , Claudia Erminia
This is a group of five persons who live in a place called Rachoquel, in the city of Momostenango. They sell new clothing and started this business three years ago. The economic crisis has affected them very much, and they are not able to sell as much as they used to. They need to increase their working capital and this is the only way they will be able to continue making progress in their business and not slip into poverty. With this financing, they will be able to see through the economic crisis and continue to help their families, who are in desperate need.
View original language description ↓
Son un grupo de 5 personas que viven en un lugar llamado Rachoquel, del municipio de Momostenango, actualmente cuentan con negocio, venta de ropa nueva, llevan 3 años de empezar dicho negocio, actualemente la crisis economica les ha afectado bastante debido a que ya no venden sus productos como antes, por eso necesitan incrementar el capital de trabajo con la que cuentan, y solamente de esa manera podrán continuar el proceso de venta sobre sus comercio, y no tener que llegar a una extrema pobreza, con el financiamiento que obtedrán pueden combatir de cierta manera la crisis economica, y seguir ayudando a su familia que tanto lo necesitan.

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.

About Guatemala

  • $5,300
    Average annual income
  • 39
    View loans »
    Guatemala Loans Fundraising
  • $12,381,975
    Funds lent in using Kiva
  • 8.2
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Estrellas Numero Uno Group's $1,725 loan helped a member working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 18, 2010
Feb 24, 2010
Currency Exchange Loss:
Mar 24, 2011