In the year 2006, a group of 13 people organized with the goal of beginning a business that could help families of scarce resources in the town of Momostenango, Guatemala, and in this way, combat the poverty that exists in those places. To do this, they went to the ASDIR Association to solicit a loan, which they were granted after tests were conducted to determine if it was feasible to help them and, in this manner, contribute to making their dreams a reality. In the same way, these people have started a business. The members of the group are, for the most part, dedicated to selling clothing and produce and the rest of the members raise pigs and chickens and some of them are dedicated to grocery stores.
En el año del 2006 se organizaron un grupo de 13 personas con el fin de empezar un negocio que pueda ayudar a las familias de escasos recursos del municipio de Momostenango, Guatemala y de esa manera combatir la pobreza que existe en estos lugares para ello fueron a la Asociación ASDIR a solicitar un préstamo el cual según análisis realizados con la solicitud se determino que es factible poder ayudarlos y de esa manera contribuir a que sus sueños se hagan realidad y de la misma manera las personas han empezado a emprender un negocio el cual Las personas integrantes del grupo se dedican mayormente al comercio a la venta de ropa y a la venta de verduras y el resto de las integrantes se dedican a la crianza de cerdos pollos y en algunas de ellas se dedican al Servicio de tienda de Consumo Diario.
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.