Ms. Silvia Patricia H. L. is a married woman. She is an artisan who concentrates on making plastic baskets. With the goal of increasing her working capital, she decided to request a group loan. Her group [the "Fuente de Sabiduría, or "Fountain of Wisdom" Group] is made up of five members who are looking to succeed. All of them have been working for many years. In particular, some work as artisans making plastic baskets, for which they use long-lasting materials like plastic thread and plastic tape. This benefits those who buy the baskets because they do not have to buy plastic bags all the time, and at the same time it contributes to the environment by not further deteriorating our planet.
The other members of this group work raising animals like chickens and pigs. Others work in agriculture, planting corn and beans. In order to increase their working capital and improve their quality of life, they are requesting a loan from the Integral Rural Development Association (ASDIR).
Doña Silvia Patricia H. L., es una persona casada, se dedica a la astesanía "Elaboración de canastas de plastico", con el onjeto de ampliar su capital de trabajo decide solicitar un prestamos grupal, dicho grupo esta conformado por cinco integrantes, tienen visión de superación, desde hace muchos años vienen ejerciendo una actividad económica; especialmente se dedican a la Artesanía “Elaboración de canastillas plásticas” en donde utilizan materiales de larga duración como; hilos de plásticos, cinta de plásticos todo esto en beneficio de quienes lo adquieren para no comprar bolsas plásticas a poco tiempo, y al mismo tiempo contribuir al medio ambiente, a no deteriorar mas nuestro planeta, los otros integrantes se dedican a la crianza de animales como: pollos, cerdos, otros se dedican a la agricultura, siembra de semillas maíz y frijol. Por esta razón solicitan a la Asociación de Desarrollo Integral Rural (ASDIR) Un préstamo para aumentar su capital de trabajo, su producción y su condición de vida.
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.