Doña Olimpia is divorced and she is illiterate. She has 3 children, two are married and she is still responsible for a daughter. For a living she breeds domestic animals (cattle, sheep, and egg-laying chickens) and she also makes crafts such as ponchos and blouses. She has done this for 10 years. With her enthusiasm and the support from some neighbors, they have organized a group in order to request a loan. The solidary group is named Eben Ezer. The group has five female partners who carry out different activities such as breeding livestock as well as domestic animals. The loan will be spent on buying raw material and thus increase sales and generate higher profits for each of them.
Doña Olimpia es divorciada, es una persona analfabeta, tiene 3 hijos los cuales dos están casados y la otra siguen a su cargo, ella se dedica a la crianza de animales domésticos (Ganado Vacuno, Bovino, y pollos ponedoras), tambien a la Artesanía elaboración de Ponchos y blusas, tiene 10 años ya con este negocio. Contando con entusiasmo y la ayuda de algunas vecinas organizan un grupo, para poder solicitar un préstamo. El Grupo Solidario se denomina Eben Ezer, El grupo cuenta con cinco integrantes mujeres, quienes se dedican a diversas actividades entre ellos podemos mencionar, la crianza de animales, y crianza de animales domesticas, El préstamo lo utilizarán para compra de materia prima y así incrementar el volumen de ventas, y generar mejores ganancias en cada una de las actividades que realizan.
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.