Guatemala > Asociación ASDIR

About the Field Partner

Field Partner:	Asociación ASDIR
Field Partner Risk Rating:	(Learn more)
Time On Kiva:	17 months
Kiva Entrepreneurs:	663
Total Loans:	$310,100
Delinquency Rate:	0.00%
Default Rate:	0.00%
Currency Exchange Loss Rate:	0.00%
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Kiva Fundraising Status

Fundraising Status:	Active
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Other Information Sources

MIX Profile:	View MIX Profile
Network Affiliation:	REDIMIF - Red de Instituciones de Microfinanzas de Guatemala
Social Performance Reporting Level:	N/A
Consumer Protection Principles:	N/A
Field Partner Website:	View Website
Email Contact:	None

ASDIR (Asociacion de Desarrollo Integral Rural---Association for the Development of Rural Communities) was founded by a handful of Mayan men and women in 1988. ASDIR started as a community-based organization working to develop villages and communities in the department (state) of Totonicapan. Guatemala.

Today, ASDIR specializes in providing financial services and educational programs to more than 2500 clients in mostly rural communities throughout Totonicapan. Among its most successful programs are its computer and typewriting classes for both youth and adults. ASDIR is also an active participant in the communities where it has offices---installing "slow school crossing" signs to protect the safety of the students and recently launched a youth entrepreneurship program aimed at empowering and involving rural, at risk youth in their communities. ASDIR Youth

Financial services include loans for small businesses and entrepreneurs, loans for housing and consumer credit. Ninety percent of these loans are rural and 43% are to women/57% to men. ASDIR also provides services such as emergency credit, remittances and also accepts payments for local utility bills.

ASDIR is staffed with a dedicated group of men and women who are from the Totonicapan region of Guatemala and who speak both Spanish and K'iche. The staff strives to create an atmosphere of acceptance and warmth for the locals, so that coming to a bank is not an intimidating experience.

ASDIR has five offices, serving over 100 communities. ASDIR has been a Kiva partner since 2008. About Totonicapan Guatemala

Totonicapan Guatemala Totonicapan is one of 22 departments in Guatemala and is located in the western highlands of Guatemala. The capital of the department, referred to as "Toto", sits at an elevation of over 8111 feet (2495 meters) and the climate is relatively mild/cool. Over 2/3 of the 300,000+ residents of the department of Totonicapan live in a rural area and are primarily Mayan descendants who continue to speak their native language of K'iche. Weaving, agriculture (mostly corn), shoemaking and woodworking are the primary economic drivers, particularly in the rural areas. Totonicapan is also one of the poorest departments in Guatemala with the highest infant mortality rate and almost half (49.7%) of its children estimated to be suffering from malnutrition.