Las Tejedoras De Choabaj Group
Her home is full of the noise made by her two children, who are under the age of majority, and with the voices of people who stop by to make purchases from her. They choose her because of the variety of colours they can find and the selection of clothes she offers at all prices and in many different sizes.
She has so many customers shopping at her home that the space at her home is already too small for the business. As a result, she has decided to join a women's group that shares her same drive to succeed in business so that she can search for a spacious storefront from which to sell her outfits. It is for this reason that she is requesting a loan in order to purchase threads and other materials. She will be able to continue following her dreams as a businesswoman and as the breadwinner for her family.
Su hogar se llena del ruido de sus dos hijos menores de edad y con la bulla de la gente que llega a comprar con doña María, hay para que escoger por la variedad de colores y ropa de todo precio y tamaño.
Es tanta la gente que llega a comprarle que el espacio en su domicilio ya es demasiado pequeño para el negocio. Por lo tanto ha decidido integrarse a un grupo de mujeres con el mismo impulso comercial de buscar un amplio mercado para sus trajes.
Razón por la cual ha solicitado un crédito para la compra de hilos y otros materiales, así poder seguir manteniendo sus sueños como negociante y sostenedora de su familia.
About ADICLAADICLA (Association for the Holistic Development of the Basin of Lake Atitlán) is nonprofit rural community development association that provides small loans and services to improve quality of life in two of the poorest regions of Guatemala, home to large indigenous populations. Kiva funding will be used to support three innovative credit initiatives: youth business loans, green loans, and smaller loans to help ADICLA move down-market and serve poorer clients.
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.
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Success!! The loan was 100% repaid