Mujeres De Patzaquibala Group
She decided to form a communal bank, in order to request a loan from ASDIR. This will enable her to buy more hens, as well as concentrates to feed the birds. The hens will later be sold for a higher price once they have fattened. The other members of the communal bank earn their living in various ways, including: raising pigs and chickens; making embroidered gifts; and selling clothes. They all hope to have a better business in future, with more birds; in this case, poultry chickens to fatten up.
DeciD. organizar un banco comunal para solicitar un préstamo a ASDIR, que servirá para comprar mas pollos como también concentrados que es la alimentación D. esta aves, para que posteriormente sean vendidos cuando engorden a un mejor y mayor precio. Las otras integrantes D. este banco se dedican a diversas actividades como: crianza D. animales, cerdos y pollos, la elaboación D. bordado, venta D. ropa. Esperan en el futuro contar con un negocio mejor y con mas aves en este caso pollos D. engorD..
About Asociación ASDIRASDIR (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.
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Success!! The loan was 100% repaid