A loan of $950 helped a member operating capital to buy merchandise.

Chixacol Group's story

Don Felipe S. Chún is married and completed elementary school through the second grade. He has five children, three are married and the other two are in school. One is attending basic (middle) school while the other is in elementary school. Don Felipe earns a living by selling daily consumer products. He has a store that he has managed for 25 years.

With enthusiasm and the help of some of his neighbors, Felipe was able to organize a solidarity group called “Chixacol”. The group consists of five members, two women and three men. Most of them engage in retail businesses, but one has a business in the service sector. The loan they are requesting will be used to expand their capital so that they can increase their sales volumes. For this reason, they visited the offices of Asociación ASDIR in Pologuá Momostenango to request a loan for buying merchandise.

In this group: Felipe, Bera Alicia, Victor Hugo, Margarita, Francisco

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details