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Virtud De San Nicolás Group
In this Group: Juan Ignacio , Ana Lorena , Antonia Marilu , Silvia Patricia , Lorena Patricia , Gabriela Regina , Claudia Mariela
Juan Ignacio is married and 61 years old. He went to school through the 6th grade and has 5 children who aren't in school anymore. He works in his store selling items of daily consumption. He started this business with a little store with a few products and so far has 34 years of fortunate experience.

He is a group organizer and is asking for a loan which he will use to buy products to enlarge his store, such as: sugar, eggs, basic grains, oil, soft drinks, pasta, etc. In the future, he wants his store to be big and with a good reputation. The other members of the group work selling clothes, shoes, tortillas and in a general store.
View original language description ↓
El señor Juan Ignacio es de estado civil casado, tinene 61 años de edad, curso 6 años de educación primaria, tiene 5 hijos que ya no estudian, él se dedica a atender su tienda de artículos de consumo diario, inició este negocio con una tiendita pequeña con pocos productos y hasta el momento lleva ya 34 años de dichosa experiencia.

Organiza un grupo y solicita un préstamo que lo utilizará para la compra de productos para agrandar su tienda tales como: azucar, huevo, granos básicos, aceite, gaseosas, pastas, etc. en el futuro quiere que su tienda sea grande y muy bien acreditada; los demás integrantes del grupo se dedican a la venta de ropa, zapatos, tortillas y tienda en general.

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
  • 58
    View loans »
    Guatemala Loans Fundraising
  • $12,593,650
    Funds lent in using Kiva
  • 7.8
    Guatemala Quetzales (GTQ) = $1 USD