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Las Margaritas Catarina Group
In this Group: Elvira Modesta , Mariel Sofia , Maria Del Rosario , Estela Flora , Yeisy Lili
Elvira Modesta, 56, is married. She completed elementary school. She has five children and not one of them attends school.

Elvira Modesta makes a living in commerce; specifically, she sells children's clothing. She started this business with a small amount of capital she had saved. Currently she has 13 years of experience.

Elvira Modesta's organizing a group and requesting a loan to expand her working capital by buying more merchandise to stock her business. In the future she wants to have a lot of capital and be able to earn more profits.

The other members of the group sell clothing.

There are six members in the photograph but only five of them were granted the loan.
View original language description ↓
La señora Elvira Modesta es casada. De edad 56 años. De escolaridad primaria completa. Tiene 5 hijos y ni 1 esta estidiando. Se dedica al comercio, específicameente vende ropa para niños. Inició este negocio con un pequeño capital que tenia ahorrado y a la fecha lleva 13 años de experiencia.

Organiza un grupo y solicita un préstamo que lo utilizará para ampliar su capital de trabajo comprando más mercadería para surtir el negocio. En el futuro desea tener un capital grande y poder generar mejores ganancias.

Las demás interantes del grupo se dedican al comercio de ropa.

En la fotografía aparecen 6 integrantes, pero, solo a 5 de ellas se les concedió el préstamo.

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
  • 64
    View loans »
    Guatemala Loans Fundraising
  • $12,593,650
    Funds lent in using Kiva
  • 7.9
    Guatemala Quetzales (GTQ) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Margaritas Catarina Group's $2,050 loan helped a member to buy merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 16, 2013
Dec 26, 2013
Currency Exchange Loss:
Jan 2, 2015