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Luz Y Vida Group
In this Group: Manuela , Margarita , Maria , Tomasa , Anastasia , Sandra , Irma , Elena , Tomasa Cipriano , Maria Cristina
Margarita’s married. She’s 36-years-old and completed first grade in primary school; she has five children three of whom are attending school. He weaves sashes and traditional skirts. She started the business with her husband and to date has five years’ experience.

She organized a group to request a loan that will be used to buy yarn to make the sashes and skirts. In future she’d like to have a store of her own to sell sashes, skirts and other textiles. The other group members are in commerce and crafts.
View original language description ↓
La señora Margarita de estado civil casada, tiene 36 años de edad, cursó 1 año de educaion primaria tiene 5 hijos y 3 de ellos estan estudiando, ella se dedica a tejer fajas y guipiles, inició este negocio juntamente con su espooso y hasta el momento lleva 5 años de experiencia.

Decide organizar un grupo y solicita un préstamo que le servirá para la compra de hilos para la elaboración de fajas y guipiles, en el futuro quiere tener una tienda propia para vender fajas, guiplies y otros tejidos; las demás integrantes del grupo se dedican a comercio y artesanía.

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
  • 72
    View loans »
    Guatemala Loans Fundraising
  • $12,593,650
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD