Mrs. Antonia Salome C. X. is 34 years old and married. She attended primary school up to the sixth grade. She has 3 children, who are in school. She works making pants. She has 14 years of experience at the job, and counts on the support of her husband, who works in farming. She’s decided to expand her working capital. This is why she met with 14 other women to request a loan and thus expand each of their working capital. All of the members work in various productive activities - for example, making pants, weaving traditional skirts, and building furniture, among others. They hope to improve their incomes and the living conditions of their families.
Doña Antonia Salome C. X., es casada, de 34 años de edad, ha cursado el sexto año de educacion primaria, tiene 3 hijos los cuales estan estudiando, se dedica a la confeccion de pantalones, tiene 14 años de experiencia en este trabajo, cuenta con el apoyo de su esposo quien se dedica ala agricultura, ha decidido ampliar su capital de trabajo, y es por esa razon que reune a 14 compañeras mas con el fin de solicitar un prestamo y poder ampliar el capital de trabajo de cada una de ellas. Cada una de las integrantes se dedican a diversas actividades productivas como son: confección de pantalones, tejido de cortes típicos, elaboracion de muebles, y entre otras. Esperan mejorar sus ingresos y la condicionde vida de su familia.
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.